2. O2C cycle with which accounts get effected
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Answer / srinivask
O2C cycle flow from order management to Receivables.
Revenue, Receivables, Unearned revenue, Unbilled
Receivables, Auto Invoice Clearning a/c, tax, frieght
accounts will be effected
Is This Answer Correct ? | 20 Yes | 1 No |
Answer / prasad
In O2C Cycle - Following Accounts affected as follows :-
(O2C - Normal Flow):-
Recevables A/C
Revenue A/C
Tax A/C
Freight A/C
Auto Invoice Clearing A/C
(Invoicing Rule):-
Unearned Revenue A/C
Unbilled Receivables A/C
(Remittance):-
Cash A/C
Confirmed Cash A/C
Remittance A/C
Un-Applied A/C
Un-Accounted A/C
Un-Identified A/C
(Discount/Write Off):-
Earned Discount A/C
Un Earned Discount A/C
Write Off A/C
Is This Answer Correct ? | 2 Yes | 0 No |
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