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
|
