finance

Corporate month-end financial close process including transaction posting, bank reconciliation, accruals, depreciation, trial balance validation, and financial statement generation.

Full FlowZap Code

Controller { # Controller
n1: circle label:"Start"
n2: rectangle label:"Initiate month-end close"
n3: rectangle label:"Review close checklist"
n4: rectangle label:"Approve financial statements"
n5: circle label:"End"
n1.handle(right) -> n2.handle(left)
n2.handle(bottom) -> Accounting.n6.handle(top) [label="Begin close"]
n3.handle(bottom) -> Reporting.n18.handle(top) [label="Generate reports"]
n4.handle(right) -> n5.handle(left)
}
Accounting { # Accounting Team
n6: rectangle label:"Post pending transactions"
n7: rectangle label:"Reconcile bank accounts"
n8: diamond label:"Reconciliation balanced?"
n9: rectangle label:"Record accruals"
n10: rectangle label:"Investigate variances"
n11: rectangle label:"Post depreciation"
n12: rectangle label:"Review intercompany"
n6.handle(right) -> n7.handle(left)
n7.handle(right) -> n8.handle(left)
n8.handle(right) -> n9.handle(left) [label="Yes"]
n8.handle(bottom) -> n10.handle(top) [label="No"]
n9.handle(right) -> n11.handle(left)
n10.handle(top) -> n7.handle(bottom) [label="Recheck"]
n11.handle(right) -> n12.handle(left)
n12.handle(bottom) -> Validation.n13.handle(top) [label="Validate"]
}
Validation { # Validation
n13: rectangle label:"Run trial balance"
n14: diamond label:"Debits equal credits?"
n15: rectangle label:"Review account balances"
n16: rectangle label:"Identify discrepancies"
n17: rectangle label:"Lock accounting period"
n13.handle(right) -> n14.handle(left)
n14.handle(right) -> n15.handle(left) [label="Yes"]
n14.handle(bottom) -> n16.handle(top) [label="No"]
n15.handle(right) -> n17.handle(left)
n16.handle(top) -> Accounting.n6.handle(bottom) [label="Correct"]
n17.handle(top) -> Controller.n3.handle(bottom) [label="Period closed"]
}
Reporting { # Financial Reporting
n18: rectangle label:"Generate income statement"
n19: rectangle label:"Generate balance sheet"
n20: rectangle label:"Generate cash flow statement"
n21: rectangle label:"Prepare variance analysis"
n22: rectangle label:"Package for leadership"
n18.handle(right) -> n19.handle(left)
n19.handle(right) -> n20.handle(left)
n20.handle(right) -> n21.handle(left)
n21.handle(right) -> n22.handle(left)
n22.handle(top) -> Controller.n4.handle(bottom) [label="Ready for review"]
}

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