Processing Cycle Overview

A processing cycle is a period of time during which transactions are entered, processed, and posted in Vision following a regular sequence. A processing cycle can refer to the sequence of transactions you perform to complete a specific process (timesheets) or a series of processes (timesheets, payroll, billing) over a specified period of time.

At the end of the cycle, various reports can be generated from the transaction data posted during the cycle.

Typically, processing cycles are based on your firm's accounting periods. The order in which you process various types of data within an accounting period depends on your firm's timesheet/payroll processing periods, billing cycles, and reporting needs.