just need some help summarizing the flowcharts.

s/151591/wiki Documentation Flowcharting Case Assignment.pptx Ramsey Systems Narrative Case In- Class Activity a You are a systems analyst at Ramsey, Inc., a wholesale distributor of office furniture, equipment and supplies. Ramsey is in the process of evaluating software solutions to automate parts of their currently manual sales and cash receipts transaction cycle. A first step in this process is to document the manual procedures Ramsey currently uses in the sales and cash receipts fransaction cycle. Another accountant has prepared an internal control flowchart for two of the transactions within Ramsey, Inc.'s Sales and Cash Receipts Transaction Cycle: the Credit Sale Transaction and the Cash Receipt Transaction. Required: Your job is to interpret the flowchart and write a narrative description of the flow of documents and processing that occurs in the cycle so that management can check the accuracy and completeness of the flowcharts. Separate the processing done in each of Ramsey's departments into separate paragraphs in your narrative. Be sure to identify the internal control policies and procedures Ramsey has in place to ensure control objectives are achieved. UL C W 91% 50F Lab 2-1 Creat. X w Investors Ball b You are a systiX C Flowchart Assix C A Interpret 1 ucture.com/courses/151591/wiki 9 Ramsey Systems Documentation Flowcharting Case Assignment.pptx Ramsey, Inc.: Flowchart for a Credit Sale Sales Department Sales Representative Receive Customer Purchase Order Order Processing Clerk APPROFILE hurch Ordini C Moll to Antomer Ord Prepare Soles Order To Credit Review, Nego Applever Check Intory ry of Sales Order To Shipping Approved Sales Mgr. signa seder 2/8 67% To Accounting ORI 91% 50F D Lab 2.1 Create X WS Investors Bail XbYou are a syst C Flowchart Ass X C A Interpret IX cture.com/courses/151591/wild Ramsey Systems Documentation Flowcharting Case Assignment.pptx Ramsey, Inc.: Flowchart for a Credit Sale Credit Department Credit Manager Credit Analyst From Sales Crude Manager to approvalon les order We w credit it to be codedt Yes No Sales Order Approve Seks Onder Soles order approval process begins ago upon crede approval of notification from the Accounting Dept that customer payment hos been received Yes Inform Isantomer approved for Credor To fundet pending No Ware Approved Sales Order house Sand Cru Application and form 3/8 67% + X Credit approval procem is separate and not part of the crede wake processing 9196 50"F Lab 2-1 Catex w Investors Ball X You are a system CFlowchart Ass X C A Interpret ture.com/courses/151591/wiki Ramsey Systems Documentation Flowcharting Case Assignment.pptx Ramsey, Inc.: Flowchart for a Credit Sale Warehouse Warehouse Workers From Credit Approved Sales Order Pull goods from Inventory, differences, blic order and release to shoping To Shipping 4/8 67% C 91% 50 F C Flowchart Ass X C A Interpret Lab 2-1 Create x w Investors Bail x 6 You are a system com/courses/151591/Wiki or sey Systems Documentation_Flowcharting Case Assignment.pptx @ Ramsey, Inc.: Flowchart for a Credit Sale Shipping Department Shipping Clerk From From Ware Sales house Attached to goods os packing list Soles Order 1 To Freight Corrier Sales Order Approved Sales Order But of 1 Lading 1 Sales Order File pending Recept of Goods from Warehouse Approved Sales Oeder Recon verly good hilolder contacto update Sales Odur Copy for Changes Recount and verify escorted goods pulled from inventory ond precludes mlioppropriation by Warehousemon 5/8 67% 8 To Accounting lading O C 191% 50F Lab 2-1 Createx WS Investors Bailox You are a systeX C Flowchart Ass X C A interpret i Fe.com/courses/151591/wiki msey Systems Documentation Flowcharting Case Assignment.pptx Ramsey, Inc.: Flowchart for a Credit Sale Accounting Department Accounts Receivable Accountant From From Sales Shipping Sales olce To Customer Customer Purchase Order Approved Sales Order Record soles Journal & AR sublecer Bill of Loding Sales Journal Accounts Receivable Subsidiary Ledger -- Verify item and terms from Purchase Order Comer's Purchase Order Approved Sales Order Sillot Long Custom or Invoke formation taken from some orders customers bied for goods shipped Prices compared to opproved price ensures price correct Prepare sales invoice 6/8 67% O W 91% 50F Lab 2-1 Createx Investors Ball X You are a wyst X C Flowchart Assix Interpret TX e.com/courses/151591/wiki msey Systems Documentation Flowcharting Case Assignment.pptx Ramsey, Inc.: Flowchart for Cash Receipts Mail Room and President's Office Mall Room Nail Room Clerk President's Office Administrative Asst. Checks from Pull Office box Camio Check Preparation of Canh Free serves to segregate autody of cash from cash receipts recording function Take checks and depos slips to bank Ber om Restrictively Endor Cheds and prepare deposit slip 2 deti Prepare Cash Rocuparel cach advice Deposit Slip Restrictively endorsing checks mitigate threat of mhappropriation of cash Codec med Customer chocks To Accounting Ba Com 7/8 67% o O Bit 91% 50"F C Lab 2-1 Createx W Investors Bail You are a systi X C Flowchart Ass X C A. Interpr -.com/courses/151591/wiki 10 msey Systems Documentation Flowcharting Case Assignment.pptx Ramsey, Inc.: Flowchart for Cash Receipts Accounting Department Controller From President's Office Accounts Receivable Accountant Records From Mall Cash Recipes Journal Room and post customer fumittances on to the Aco Receivable Subory Ledger Coup Preston HE edcm Couple Prebe od 1 Cash Receipis Journal olid depodce Troy 21 doposal Notify Accounts Receivable Subsidiary Ledeer ody Crede Ship ment hold No Dop! Yes Vandy pump payment discount Ich by Comor Filed 8/8 67% + d Ensures only valid discounts taken and recorded o O 91% 50F s/151591/wiki Documentation Flowcharting Case Assignment.pptx Ramsey Systems Narrative Case In- Class Activity a You are a systems analyst at Ramsey, Inc., a wholesale distributor of office furniture, equipment and supplies. Ramsey is in the process of evaluating software solutions to automate parts of their currently manual sales and cash receipts transaction cycle. A first step in this process is to document the manual procedures Ramsey currently uses in the sales and cash receipts fransaction cycle. Another accountant has prepared an internal control flowchart for two of the transactions within Ramsey, Inc.'s Sales and Cash Receipts Transaction Cycle: the Credit Sale Transaction and the Cash Receipt Transaction. Required: Your job is to interpret the flowchart and write a narrative description of the flow of documents and processing that occurs in the cycle so that management can check the accuracy and completeness of the flowcharts. Separate the processing done in each of Ramsey's departments into separate paragraphs in your narrative. Be sure to identify the internal control policies and procedures Ramsey has in place to ensure control objectives are achieved. UL C W 91% 50F Lab 2-1 Creat. X w Investors Ball b You are a systiX C Flowchart Assix C A Interpret 1 ucture.com/courses/151591/wiki 9 Ramsey Systems Documentation Flowcharting Case Assignment.pptx Ramsey, Inc.: Flowchart for a Credit Sale Sales Department Sales Representative Receive Customer Purchase Order Order Processing Clerk APPROFILE hurch Ordini C Moll to Antomer Ord Prepare Soles Order To Credit Review, Nego Applever Check Intory ry of Sales Order To Shipping Approved Sales Mgr. signa seder 2/8 67% To Accounting ORI 91% 50F D Lab 2.1 Create X WS Investors Bail XbYou are a syst C Flowchart Ass X C A Interpret IX cture.com/courses/151591/wild Ramsey Systems Documentation Flowcharting Case Assignment.pptx Ramsey, Inc.: Flowchart for a Credit Sale Credit Department Credit Manager Credit Analyst From Sales Crude Manager to approvalon les order We w credit it to be codedt Yes No Sales Order Approve Seks Onder Soles order approval process begins ago upon crede approval of notification from the Accounting Dept that customer payment hos been received Yes Inform Isantomer approved for Credor To fundet pending No Ware Approved Sales Order house Sand Cru Application and form 3/8 67% + X Credit approval procem is separate and not part of the crede wake processing 9196 50"F Lab 2-1 Catex w Investors Ball X You are a system CFlowchart Ass X C A Interpret ture.com/courses/151591/wiki Ramsey Systems Documentation Flowcharting Case Assignment.pptx Ramsey, Inc.: Flowchart for a Credit Sale Warehouse Warehouse Workers From Credit Approved Sales Order Pull goods from Inventory, differences, blic order and release to shoping To Shipping 4/8 67% C 91% 50 F C Flowchart Ass X C A Interpret Lab 2-1 Create x w Investors Bail x 6 You are a system com/courses/151591/Wiki or sey Systems Documentation_Flowcharting Case Assignment.pptx @ Ramsey, Inc.: Flowchart for a Credit Sale Shipping Department Shipping Clerk From From Ware Sales house Attached to goods os packing list Soles Order 1 To Freight Corrier Sales Order Approved Sales Order But of 1 Lading 1 Sales Order File pending Recept of Goods from Warehouse Approved Sales Oeder Recon verly good hilolder contacto update Sales Odur Copy for Changes Recount and verify escorted goods pulled from inventory ond precludes mlioppropriation by Warehousemon 5/8 67% 8 To Accounting lading O C 191% 50F Lab 2-1 Createx WS Investors Bailox You are a systeX C Flowchart Ass X C A interpret i Fe.com/courses/151591/wiki msey Systems Documentation Flowcharting Case Assignment.pptx Ramsey, Inc.: Flowchart for a Credit Sale Accounting Department Accounts Receivable Accountant From From Sales Shipping Sales olce To Customer Customer Purchase Order Approved Sales Order Record soles Journal & AR sublecer Bill of Loding Sales Journal Accounts Receivable Subsidiary Ledger -- Verify item and terms from Purchase Order Comer's Purchase Order Approved Sales Order Sillot Long Custom or Invoke formation taken from some orders customers bied for goods shipped Prices compared to opproved price ensures price correct Prepare sales invoice 6/8 67% O W 91% 50F Lab 2-1 Createx Investors Ball X You are a wyst X C Flowchart Assix Interpret TX e.com/courses/151591/wiki msey Systems Documentation Flowcharting Case Assignment.pptx Ramsey, Inc.: Flowchart for Cash Receipts Mail Room and President's Office Mall Room Nail Room Clerk President's Office Administrative Asst. Checks from Pull Office box Camio Check Preparation of Canh Free serves to segregate autody of cash from cash receipts recording function Take checks and depos slips to bank Ber om Restrictively Endor Cheds and prepare deposit slip 2 deti Prepare Cash Rocuparel cach advice Deposit Slip Restrictively endorsing checks mitigate threat of mhappropriation of cash Codec med Customer chocks To Accounting Ba Com 7/8 67% o O Bit 91% 50"F C Lab 2-1 Createx W Investors Bail You are a systi X C Flowchart Ass X C A. Interpr -.com/courses/151591/wiki 10 msey Systems Documentation Flowcharting Case Assignment.pptx Ramsey, Inc.: Flowchart for Cash Receipts Accounting Department Controller From President's Office Accounts Receivable Accountant Records From Mall Cash Recipes Journal Room and post customer fumittances on to the Aco Receivable Subory Ledger Coup Preston HE edcm Couple Prebe od 1 Cash Receipis Journal olid depodce Troy 21 doposal Notify Accounts Receivable Subsidiary Ledeer ody Crede Ship ment hold No Dop! Yes Vandy pump payment discount Ich by Comor Filed 8/8 67% + d Ensures only valid discounts taken and recorded o O 91% 50F