DATA PROCESSING CYCLE:
Data processing is the activity of collecting the data from various sources, properly organizing and processing to obtain required information.
The stages of data processing cycle
a. Data collection:
Data required for an organization may be available at various places. It involves identifying the source of data for collection. The sources may include documents, such as invoices, sales orders, purchase orders etc., for the purpose of processing.
b. Data input:
The gathered/collected data is entered into the system in the suitable format which is acceptable by the data processing system for the necessary process.
c. Processing of data:
Before any process is applied, classifying the data or grouping the similar type of data is performed. Then to such data proper arrangement/order is done i.e., in ascending or in descending order. Then verification for any missing data, incomplete data is done. Finally calculation process gives the information.
d. Data output:
It is necessary to put the results in proper format in the form of a summarized report, consolidated report, statements etc.,
e. Data storage:
The inputted data and generated results are stored for the future use. They are stored using different mass storage devices (Hard disk, floppy dis, etc.,).
