Accounting has a process that consists of the stages to be able to generate the desired reports and conducted by the accountant.
1. Clarifying Process Transactions
This initial stage is where the transaction is a division of an organization or company into certain types predefined.
Examples of such share transactions entered into in sales, purchasing, cash disbursements, cash receipts, etc. into each section. As for the transactions that occur in small numbers and rarely can be equally incorporated into the same category type of miscellaneous transactions.
2. Process Records And Summarizing
After conducting further data pengklarifikasian is doing the recording. Enter your existing transactions into the appropriate journals in the order of the transaction occurs or happens. sources that can be used as evidence of a transaction that is like a kind of business paper bill, bill, bill, receipt, certificate, and so forth.
Journal which is typical accounting journal is like a sales journal, purchases journal, cash receipts journal, cash disbursements journals and general ledger.
When the transaction is entered into the journals that exist, then the next is to enter journals into the ledger on a regular basis. The result of the transfer into the general ledger will be seen from the summary trial balance.
3. Interpreting and Reporting Process
After both the above process is executed, then the latter process is to manufacture the conclusion of the activity or occupation prior financial statements. All matters relating to the finance company disclosed in financial statements.
From information on the financial statements either in the form of profit loss statements, the consolidated capital and balance sheet one can know what is happening at a company, whether already in accordance with company objectives and that information can be a reference or guidelines for the management to take policy decisions on the company's organization to achieve desired condition.
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