Oracle Apps Order TO Cash Cycle Revised

Now lets talk about O2C cycle.Order to cash cycle is something which is related to something related to selling product and receiving payments.So in day to scenario ,what we might refer to is selling your old ipod to your friend who wants to own it after you.

So as previous example in P2P cycle ; you want to sell your old gadget now.
In this scenario , you are seller and one buying your old stuff becomes buyer or customer.
In practical scenario :

1 You decide how many/or what  gadget you want to sell..

2 When some one from another places order or inquiry , you do negotiation for price, then tell buyer about your product, payment method , shipping terms ie wether you or buyer pay for shipping.

3 Once negotiation is made  you pack your gadget , place shipping information of buyer ,and approach FEDEX for delivery

4 Once buyer receives good you are notified by Fedex about delivery of good.

5 You receive payment via paypal or bank ; then you would like to sum up the money for your next gadget purchase ….

6 Invoice / or Receipt might not be generated as you are selling old gadget personally.

Hence in business scenario , if you are manufacturer or supplier of certain goods or sevices.. things get these way too…but with little extra steps . You might be noticing these steps while ordering online :

Hence O2C cycle revolves in following process:

1 Enter order :  This is something the way to collect interested customer information on our product.Since we are selling product  we will need certain details about buyer/customer.Hence attributes like sipt to, bill to ,item ordered,quantity, unit of measurement are entered in this process.

2 Book Order:This is done after  costumer orders is finalized. Hence we start processing order like preparing invoice for the product , demanding inventory of the goods etc.

3 Pick Release: Effects the process in inventory level

4  Pick Confirm: The Pick Confirm transaction executes the subinventory transfer, moving the material from it’s source location to it’s destination staging location. Only 1 staging subinventory is supported per picking batch.The high level reservations are replaced with detail reservations

5 Ship Confirm Its  likely that shipping has been confirmed.

6 Invoice Invoice generation process

7 Receipt Receipt generation process

8 Transfer To GL process

9 Journal Import process

10 Posting effect on gl balances.

O2C details

SN	Process	Tables	Remarks	Entered info
1	Enter Order	OE_ORDER_HEADERS_ALL OE_ORDER_LINES_ALL	Flow status : Header: Entered line: Entered	order management>Order Returns>Sales Order Enter Header and Line Information (ship to,Bill to UOM etc)
2	Book Order	OE_ORDER_HEADERS_ALL OE_ORDER_LINES_ALL WSH_DELIVERY_ASSIGNMENT WSH_DELIVARY_DETAILS	Header :Booked Line: Awaiting Shipping BackGround Program: Demand Interface program	order management>Order Returns>Sales Order Select Sales Order and click on Book Order Button
3	Pick Release	WSH_DELIVARY_ASSIGNMENTS WSH_NEW_DELIVIRIES WSH_DELIVARY_DETAILS	Header :Booked Line : Pick Confirmed Back Ground Program: Pick Slip Report Shipping Execution Report Auto Pack Report Line: Pick Confirmed	Order Management>Shipping>Release Sales Order>auto create delivery ,pick confirm,pack delivery to yes Also enter shipping and inventory tab information
4	Pick Confirm	WSH_DELIVARY_DETAILS	Header: Booked Line : Pick Confirmed	Inventory>move Order>Transact Move Order In pick release if auto pick confirm is set to no, then follow the path enter batch number,click find, click on transacti button
5	Ship Confirm	OE_ORDER_HEADERS_ALL OE_ORDER_LINES_ALL WSH_DELIVARY_DETAILS	Header Booked Line : Shipped Back Ground Programss: Interface Trip Stop Commercial Invoice Packing Slip Report Bill Of Lading	Order management>shipping>transaction Qury the order number,go to delivery tab and click on ship confirm
6	Invoice	RA_CUSTOMER_TRX_ALL RA_CUSTOMER_TRX_LINES_ALL	Header :closed lines: Closed Background Programs: Auto Invoice Master Programs Auto Invoice Import Programs	Order management>view>Requests Run workflow background process
7	Receipt	AR_CASH_RECEIPTS_ALL		Receivable>Receipts>receipts Enter payment method,Receipt type,amount,bank name branch,account etc; Click On apply button
8	Transfer To GL	GL_INTERFACE		Receivable>view reques Transfer Receivable Accounting Information To GL using gl transfer program
9	Journal Import	GL_JE_BATCHES GL_JE_LINES GL_JE_HEADERS		General ledger>journal>import>run
10	Posting	GL_BALANCES		General ledger>journals>post

Related queries

http://shashierp.blogspot.com/2014/12/order-to-cash-cycle-flow-with-queries.html