Problem

SYSTEM DOCUMENTATION CASH RECEIPTS PROCEDURES (MANUAL AND COMPUTER) The Mailroom r...

SYSTEM DOCUMENTATION

CASH RECEIPTS PROCEDURES

(MANUAL AND COMPUTER)

The Mailroom receives checks and remittance advices from customers in payment of their accounts receivable. The clerk reviews the documents for completeness and correctness, sends the checks to the Cash Receipts department, and sends the remittance advices to the Accounts Receivable department. The AR clerk receives the remittance advices and updates the customers’ AR records from the PC in the AR department. The cash receipts clerk receives the checks and post them to the cash receipts journal from the PC in the department. The clerk then sends the checks to the bank for deposit.

Required

Prepare a system flowchart of the procedures described above.

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