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WELL-TEA SALES-COLLECTION-REPORTING CYCLE

SALES

REPORTS
Set-up a stall
located in
MAGIS Canteen

Present the
product to
the
Customers

Sold the
product to a
customer

Record
transaction for
every product
sold

Inventory
Valuation
Report

Compute the
proceeds

Purchase
Report

W
EE
KL
Y

Promote
the product
Statemen
t of Cash
Flows

Posters and
Flyers

Income
Statemen
t

COLLECTIO
N
Collect
customer
payment

Received
payment
from
customer

Issue an
Official
Receipt
Get a change in
the petty cash
fund

Give the
receipt to
the
customer

Statement
of
Financial
Position

M
O
N
T

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