For Order to Cash Entries. Step 1: Sales order creation - No entries Step 2: Pick release : Inventory Stage A/c Dr To Inventory Finished goods a/c Step 3: Ship confirm : Cogs A/c Dr Inventory Organization A/c. Step 4: In Receviable : Receviable A/c dr To Revenue A/c To Tax To Freight step 5: When the reciept is not applied to the transaction Unbilled receivabels a/c dr to receivables a/c cr Step 6: Cash : Cash A/c Dr Receivable A/c cr
12 May 2012
what are the accounting entries which get affected in order to cash cycle
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2 comments:
In your title, "what are the accounting entries which get effected in order to cash cycle", "effected" should be "affected".
Thanks .. updated.
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