Explain the order-to-cash process in SAP FICO ?

 The order to cash process in SAP FICO involves the entire sales cycle, starting from the creation of a sales order to deliver, goods issue, invoice processing and finally, receipt of payment from customer.

There are no accounting entries for sales order creation

At the time of good issue, system will debit the COGS (OBYC) & credit inventory A/c(OBYC).

At the time of invoice, Customer A/c will get debit & Revenue A/c (VKOA) will be credited

At the time of Payment, Bank A/c Will be debit  Customer A/c will be credit.

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