More examples in Flowcharts/Flowcharts

Collection & Invoice Flowchart Example

You can use a flowchart like this one to explain the steps of collecting an account receivable.

Text in this example:

Accounts Receivable
Invoicing & Collection
Day 45
Initiate weekly collection calls & written documentation
Invoice Paid?
Day 30
Mail Statement with outstanding balance
Day 1
Mail invoices to accounts payable
Mail Statement with $0 Balance
Send to collection or write off balance
Day 120
Mail 14-day warning letter & deny additional P.O. from company until outstanding invoice is paid
Day 90
Mail "Payment Required Email, in addition to continued weekly calls

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