Financial Accounting Process

Obtain Account Balance for Worksheet

Obtain Post Closing Trial Balance

General Ledger

Financial Reporting Procedures

Post

Prepare Source Document

Period-End Procedures

Prepare Financial Statements

Daily Procedures

Prepare Closing Entries and Post to GL

Financial Accounting Process

Journal VoucherFile

Journal Voucher

Source Document

Trial Balance

Prepare Journal Voucher

Prepare Trial Balance

Worksheet

Analyze Account Balance. Prepare Adjusting Entries and Adjusted Trial Balance

Financial Statements

Adjustable Trial Bar

Post Closing Trial Balance