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Complete O2C Cycle Guide

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0% found this document useful (0 votes)
7 views3 pages

Complete O2C Cycle Guide

Uploaded by

Testy
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

ORACLE FUSION

Order To Cash O2C


ITRODUCTION: Invoice, Receipt
User Roles
▪ General Ledger User Roles. Reference Document: [Link]

▪ Accounts Payable User Roles. Reference Document: [Link]

▪ Accounts Receivable Manager and Accounts Receivable Specialist: Create


and Manage Receivable
Must start by ORA
Most Important Responsibilities of ERP Consultant:
❖ Implementation plan and manage the ERP process.
BY:
Enterprise
Structure

Eterprise

Geoghraphy

Legal
Entity

Ledger

Accounts Receivable Fixed Assets


Accounts Payable
BU Cash Management
Inventory
Orgnization

Authorized by Mohamed Badawy [Link]


ORACLE FUSION
Order To Cash Life Cycle O2C:

Planner
Books Order Picks Order
Schedule in
Order Warehouse

Sales Rep Picker

Accounts Receivable
Specialist
Ships the Recognizes
Order Records Invoice Revenue
and Sends to
Customer
DR: Accounts Receivable
Store Manager CR: Sales Revenue

Collections
Agent
Sends Create Receipt
for Customer
Customer Follows up for
Payment
Collection
Statemen Tasks
tsCollections DR: Remitted Cash
Agent CR: Accounts Receivable

General
Reconciles Customer Accountant
Receipts to Bank
Statement & Review
Prepares Cash Accounting
Position
Journals
DR: Cash/Bank
Cr: Remitted Cash

Authorized by Mohamed Badawy [Link]


ORACLE FUSION

What Is Accounts Receivable Configuration


Setup Steps?

• Prerequisite
➢ General Ledger Setup. Reference Document: [Link]

➢ Create User as Employee. Reference Document: [Link]

➢ Create and Manage Business Unit. Reference Document: [Link]

• AR Invoice Setup Steps


➢ Role:
- Accounts Receivable Manager
- Accounts Receivable Specialist
➢ Manage Data Access Set Data Access for Users
➢ Receivable System Options
➢ Manage Transaction Source
➢ Manage Transaction Type
➢ Manage Auto-Accounting Rules
➢ Manage Remit to Addresses
➢ Open period
➢ Create Customer

• AR Receipt Setup Steps


➢ Manage Receipt Classes and Methods
➢ Manage Receivables Activities
➢ Manage Approval Limits
➢ Manage Receivables System

Authorized by Mohamed Badawy [Link]

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