What are the basic accounting workflows?


What is the function of workflow?

to facilitate communication and improve efficiency

Who can draw the workflow?

department head

Shall we prepare exceptional workflow as well?

It is necessary for risk mitigation purpose

When shall workflow be updated?

It should be updated as soon as possible

Shall we have a workflow for once off event such as opening a bank account in China?

Yes, you shall have. It is not once off in the long run

Is flowchart necessary for 3PL company?

What is the function of work study?

improvement efficiency, setup workflow, agree KPI and reward

Why is Excel necessary?

graph tell

Why is Excel necessary for business analysis?

Figure tells