3. SYSTEM FLOWCHART PAYROLL Figure 2-4 in the text illustrates how a customer order is transformed into a source document, a prod- uct document, and a turnaround document. Develop a similar flowchart for the process of paying hourly employees. The Process: Supervisors collect time sheets from employees, review them for correctness, and submit them to payroll where payroll checks are prepared and sent to the employees. In addition a summary report of total payroll charges is sent to each depart- ment manager, who reviews it for correctness, signs the report, and returns it to the payroll department to be files.

3. SYSTEM FLOWCHART PAYROLL Figure 2-4 in the text illustrates how a customer order is transformed into a source document, a prod- uct document, and a turnaround document. Develop a similar flowchart for the process of paying hourly employees. The Process: Supervisors collect time sheets from employees, review them for correctness, and submit them to payroll where payroll checks are prepared and sent to the employees. In addition a summary report of total payroll charges is sent to each depart- ment manager, who reviews it for correctness, signs the report, and returns it to the payroll department to be files.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Using the flowchart structure presented in Figure 2-22 in the text, prepare a system flowchart of the payroll process outlined in Problem 3. Assume that all activities are performed manually.

3. SYSTEM FLOWCHART PAYROLL
Figure 2-4 in the text illustrates how a customer
order is transformed into a source document, a prod-
uct document, and a turnaround document. Develop
a similar flowchart for the process of paying hourly
employees.
The Process: Supervisors collect time sheets from
employees, review them for correctness, and submit
them to payroll where payroll checks are prepared
and sent to the employees. In addition a summary
report of total payroll charges is sent to each depart-
ment manager, who reviews it for correctness, signs
the report, and returns it to the payroll department
to be files.

FIGURE
2-22
FLOWCHART SHOWING ALL STATED FACTS TRANSLATED INTO VISUAL SYMBOLS
Sales Department
Credit Department
Warehouse
Shipping Department
A
Customer
Sales
Sales
Order 1
Order 2
Customer
Order
Sales
Pick
Goods
Check
Stock
Order 4
Credit
Credit
Records
Records
Sales
Order 3
Prepare
Sales
Order
Signed Sales
Order 1
Sales
Order 2
Ship
Goods
Customer
Order
Sales
Order 4
Sales
Sales
Order 4
Order 3
Sales
Sales
Sales
Order 2
Order 3
Order 2
Sales
Order 1
N
Signed Sales
Order 1
Customer
Distribute
SO and
File
A
Customer
Sales
Order 4
Order
Sales
Signed Sales
Order 1
Order 3
Sales
Order 2

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