Business Process Flowchart Illustration

This detailed flowchart visually explains an integrated business process encompassing receipt accounting, inventory management, and financial distribution. It outlines two parallel tracks: one starting with 'Receiving' and 'Accounts Payable' leading to 'Receipt Accounting' and tax calculations, and another beginning with 'Inventory' flowing into 'Cost Accounting'. The diagram illustrates key steps like processing transactions, determining tax determinants, creating accounting distributions, and the central role of 'Tax Calculations' connecting these workflows. The final stages involve reviewing both receipt and cost accounting distributions, along with inventory valuation, providing a clear depiction of financial data flow.

flowchart - business process - accounting - inventory - taxation - financial - workflow - accounts payable - cost accounting