order to cash cycle

[p0ponksh]

could you please explain complete order to cash cycle in ORDER MANAGEMENT.

[Nithya@Infy]

hi, its a process like it starts from Quote and passes through stages like Order, Manufacturing, Delivery and finally to Cash. To say it simple, its the process of ordering something where u submit a purchase order and then the order goes to the company/factory for manufacture and finally the goods are delivered to customer and at last the customer needs to pay back the cash...

If you need a clear explanation I could help u with a doc but if u need it, kindly reply

could you please explain complete order to cash cycle in ORDER MANAGEMENT.

[Srimanju]

please give me the detailed version of qoute to cash.

[vetrivendan]

hi friends please explain clearlly about order to cash lift cycle

[Srimanju]

please send me the doc on order to cash.

[Pallav]

Hi,
Please send the doc on order to cash.

[techie09]

Hello all,

Order to Cash cycle, in general, would consists of the following steps:

1. Order Entry: Where in Order header and line details are entered and a record is created in Order Headers and Order Lines tables.

2. Order Booking: Where in the entered order is booked and the flow status is changed from 'Entered' to 'Booked'.

3. Material Reservation: Here, the items entered in the sales order, or the items which constitute as parts of the sales order item, are reserved in the inventory.

4. Pick Release: At this stage, the reserved items are taken out of the inventory.

5. Pick Confirm: Items are transferred from saleable to staging sub-inventory.

6. Ship Confirm: Items are confirmed to be shipped and are sent to the customer based on certain shipping lines.

7. Enter Invoice: Here, invoice information is moved to accounting area for creation of invoice.

8. Complete Line: The flow status in the order line level table gets updated, with the flow status code as 'Shipped'.

9. Close Line: This is the last stage in an O2C cycle where in the flow status code of the order line level tables is changed to 'Closed'.

The above steps are discussed assuming that the model of a standard order. Hope it helps.

Warm regards...

[vansat]

Here is the simple and brief description about OTC process.

OM Enter Order
↓
Pick Release Order
↓
Ship Order
↓
Interface Trip Stop
↓
Receivables Manual Invoice
↓
Transfer to GL
↓
GL Auto-post

-> This cycle starts with OM Module where an order is created with 5 lines. This order is then Booked and passed to Pick Release.

-> Pick Release finds the order and creates a move order request. The process of transacting move orders creates a reservation against the source subinventory.

->Ship confirm is the process of confirming that items have shipped. Shipping Execution confirms that the delivery lines associated with the delivery have shipped.

->ITS creates trip and related stops for all eligible deliveries that has not been assigned to a trip.

->A manual invoice is created based on the customer and the items, which are ordered previously.

-> In order to complete the business cycle, these manually created invoices are then moved to GL modules by the way of concurrent program, and finally after review of these Journal Entries in the GL they are Auto-Posted in the respective accounts, thus ending the complete cycle.