Order to Cash (O2C) Process Overview and Accounting Entries

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  • Опубліковано 28 лис 2024

КОМЕНТАРІ • 85

  • @B4ALLB4U
    @B4ALLB4U 3 роки тому +7

    I never saw this type of explanation with account entries in the O2C process...Yes you correct, In real life, the process is entirely different, But the concept is the same ....Thank you so much for sharing.

  • @gin9908
    @gin9908 3 роки тому +3

    ❤️It is the clear Explanation of Order to cash process ,Way2go.All the best Team👍

  • @imranpasha159
    @imranpasha159 2 роки тому +3

    Its really well explained about O2C process and journal entries.
    Thank you so much for the videos sharing!

    • @AbdullahGalal
      @AbdullahGalal  2 роки тому

      Welcome Imran! thank you for the feedback

  • @gyanendrapratap9835
    @gyanendrapratap9835 4 місяці тому +1

    Short & Crisp thank you ! keep posting

  • @bookskoffee5567
    @bookskoffee5567 3 роки тому +1

    Its very helpful and informative. Amazing video with crisp explanation! Thanks for such an informative video

  • @kaushalsingh-im7hz
    @kaushalsingh-im7hz 3 місяці тому

    After watching this video, I can say that O2C is very simple process.

    • @AbdullahGalal
      @AbdullahGalal  3 місяці тому +1

      I'm glad you found it helpful. Best of luck 🙌

  • @manjunathav3670
    @manjunathav3670 3 роки тому

    It is very good platform to learn everyone

  • @vinothkumarmathiyalagan9360
    @vinothkumarmathiyalagan9360 Рік тому +1

    Hi brother is this SD S4 hana playlist is for beginners??

  • @vamshichary8756
    @vamshichary8756 2 роки тому

    Which process is having more scope ( order to cash or accounts payable)

  • @saiprasannaalapati6091
    @saiprasannaalapati6091 3 роки тому +2

    Is O2C a good career in long-term when compared with R2R Process?

    • @AbdullahGalal
      @AbdullahGalal  3 роки тому

      That's not a valid question, there's nothing called an O2C or R2R career

  • @hcon991
    @hcon991 3 роки тому +3

    Amazing Content in all your playlists... Congratulations Abdullah...
    I guess I have a request for you.
    Could you describe what would you do and how in order to segregate a company that used to have 3 different business areas, although not clearly delimited? And then, how do you do a financial consolidation of the 3 into a single one?

    • @AbdullahGalal
      @AbdullahGalal  3 роки тому +1

      Thank you Hector, Very appreciated!
      That's a very wide question , I've never seen this situation so this will require some analysis to answer

    • @Bmmw2186
      @Bmmw2186 2 роки тому

      Not sure if you’re talking about what I am thinking you are but, if so my company did something similar. We had multiple different entities and we centralized them in a phased approach. We started with a purchasing org centralization where we created and configured new plants for the existing ones (full ecatt and config to standardize). This was followed by a stock load and debit from the old plants. We used inter company billing so that sales still funneled to the correct company codes. Afterwards we centralized the sales orgs so that at the end of the day we were one single legal entity.

  • @mohsinahmed6648
    @mohsinahmed6648 3 роки тому +1

    Nice explaining
    Can you please let me know where does the credit management plays a role OTC

    • @AbdullahGalal
      @AbdullahGalal  3 роки тому

      Hi Mohsin, I haven't started explaining credit management yet.
      The system checks the credit limits before any sales order is created

    • @mohsinahmed6648
      @mohsinahmed6648 3 роки тому

      @@AbdullahGalal
      Thanks a lot for responding to my query.
      It would be really helpful if you provide me some free version software link for sap GUI or Hana where I can start practicing OTC

  • @Madhusof007
    @Madhusof007 3 роки тому +2

    Good explanation! Can you do a video series on VIM?

  • @mostafasaied1790
    @mostafasaied1790 3 роки тому

    ممتاز بارك الله فيك
    سؤال لو سمحت
    لو انا اللي استلمت بضاعه بالمخارن بالدليفري فقط بدون فاتورة
    القيد بيكون ازاي

    • @AbdullahGalal
      @AbdullahGalal  3 роки тому +1

      استلمت بضاعة؟ بتتكلم على المشتريات مش المبيعات صح؟ أنا شرحت القيد و العملية بالتفصيل في دورة المشتريات في فيديوهات المشتريات
      Procure to pay

    • @mostafasaied1790
      @mostafasaied1790 3 роки тому

      @@AbdullahGalal تسلم

  • @oeindrila
    @oeindrila 3 роки тому

    Very informative. Thank you.

  • @יובלדנוביץ
    @יובלדנוביץ 2 роки тому +1

    Hi, What about RAR? is it something that you can cover?

    • @AbdullahGalal
      @AbdullahGalal  2 роки тому

      Need to study it well first. I never worked on it directly

  • @sewer677
    @sewer677 3 роки тому

    How to download Debtors / creditors ledger. And how to download aging report

  • @adityaverma2492
    @adityaverma2492 3 роки тому

    Really the 'must have' videos

  • @aatishkarale1310
    @aatishkarale1310 3 роки тому

    I Understand everything what you explained sir. Can you please clear the last clearing meaning...

  • @aks541
    @aks541 2 роки тому

    Are the process remain same if we consider the process for buying products in an e-commerce site?

    • @AbdullahGalal
      @AbdullahGalal  2 роки тому

      This is a very standard generic process, it changes a lot based on every business scenario, I'm not an expert in E-Commerce

  • @DreamFirms
    @DreamFirms 3 роки тому

    Very informative content!

  • @varunbasantani4937
    @varunbasantani4937 Рік тому

    Waiting for a detailed video on RTR in English along with SAP S4 HANA demonstration

  • @MrKiranahire
    @MrKiranahire 2 роки тому

    Hi
    Can you help me to know the O2C process impact on COGS and Inventory
    Is it only that 1 specific entry which hits COGS & Inventory at Goods Issue Stage?

    • @AbdullahGalal
      @AbdullahGalal  2 роки тому +1

      sometimes we post COGS at billing instead of at goods issue

  • @rickydon87
    @rickydon87 2 роки тому

    Amazing video. Can you please do a video on plants abroad scenario end to end implementation, configuration & end-user activities in the view of Finance, MM & SD module.

  • @gurujb3480
    @gurujb3480 2 роки тому

    For what type of account that otc process belong to?

    • @AbdullahGalal
      @AbdullahGalal  2 роки тому

      what do you mean by "what type of account"?

  • @michaelawude4247
    @michaelawude4247 3 роки тому

    Hi Do you provide training?

  • @shirishashivashanker3485
    @shirishashivashanker3485 2 роки тому

    Do the OTC and accounts payable process is same ? Please upload video on account payable process alsoo

    • @AbdullahGalal
      @AbdullahGalal  2 роки тому

      Accounts Payable is Procure To Pay , there is already a full playlist and many videos in the channel
      Order to Cash is related to sales and accounts receivables

  • @glavella
    @glavella 3 роки тому

    Great videos!!! Please could you explain the services sale process? If the service is delivered and billing in different moment, is it possible to post g/l when the service is delivered (income to pending billing accounts) and when billing (pending billing to customer)? Many thanks!

    • @AbdullahGalal
      @AbdullahGalal  3 роки тому

      Great suggestion, take me through the process ...
      1) sales order > no accounting entry
      2) G/I of service? what the accounting entry?
      3) Billing >> Dr Customer / Cr Service Revenue

  • @Ayaan2101
    @Ayaan2101 3 роки тому

    superb... pls make R2R PROCESS

  • @nirleshsaxena1030
    @nirleshsaxena1030 3 роки тому

    Can you please help me to understand why debited COGS in first financial entry ?

    • @AbdullahGalal
      @AbdullahGalal  3 роки тому

      Hi Nirlesh, That's a basic accounting concept, check this link www.accountingtools.com/articles/2017/5/13/cost-of-goods-sold-journal-entry

  • @mohamedwahba7024
    @mohamedwahba7024 2 роки тому

    جزاك الله خيرا

  • @Sravanthi1111
    @Sravanthi1111 2 роки тому

    Hi Abdullah, at the time goods issue how we can make posting to another company code?
    Sales order and billing ….Everything in 1234 company code , but only good issue is in another company code
    Where this configuration done?

    • @AbdullahGalal
      @AbdullahGalal  2 роки тому +1

      Hi Sravanthi, that's a scenario called "Intercompany Drop Shipping", or intercompany sales to external customer.
      I've fully explained it with a demo, and you can find the configuration document in the elite members library.
      Here's a link to the video
      ua-cam.com/video/PeTrPUWCY9M/v-deo.html

    • @Sravanthi1111
      @Sravanthi1111 2 роки тому

      @@AbdullahGalal now it’s clear thank you :)

  • @byungk03
    @byungk03 10 місяців тому

    감사합니다.

  • @anilkumarmungili2750
    @anilkumarmungili2750 3 роки тому +1

    Hi sir, please explain GR55 report concept

    • @AbdullahGalal
      @AbdullahGalal  3 роки тому +1

      Great suggestion, will include in my plan

  • @satyajitbarik3445
    @satyajitbarik3445 2 роки тому

    Dear sir please make a video of Electronic bank statements in sap s4 hana.

  • @shaanvi8006
    @shaanvi8006 3 роки тому

    Hi I want to learn OTC from starting because I don't know anything about OTC please help me.

    • @AbdullahGalal
      @AbdullahGalal  3 роки тому

      keep watching this playlist! I explained the process from zero

  • @SeemaM.
    @SeemaM. 3 роки тому

    Please make video on VKOA settings

  • @JohirulIslam-zx9pr
    @JohirulIslam-zx9pr 3 роки тому

    NICE VIDIO

  • @priyapatil9768
    @priyapatil9768 Місяць тому

    Difference between p2p and o2c

  • @zahimohammed4626
    @zahimohammed4626 3 роки тому

    Hello abdullah ,
    Very intersting , please can we have a SD automatic billing in SAP GUI ?

    • @AbdullahGalal
      @AbdullahGalal  3 роки тому

      Hi Zahi, you can create a batch job for program SDBILLDL in transaction SM36
      That's an interesting poiny, will add it to my planned videos 👍👍

  • @jallaltouil1570
    @jallaltouil1570 3 роки тому

    Hi Abdullah! Thank you a lot your videos!! :)
    Could please If I don’t ask to much ^^ to filtre better your videos please? I’m a bit lost regarding what the videos related to finance, MM, etc 😅😅

    • @AbdullahGalal
      @AbdullahGalal  3 роки тому

      Hi Jallal, you're very welcome! thank you for the support btw 😉
      I'm trying to sort out the videos, that would also be very benefecial to the channel but it's not easy, there are too many!
      I've created a playlist including all the MM and AP videos , there's another for Product Costing
      Do you have any suggestions?

    • @jallaltouil1570
      @jallaltouil1570 3 роки тому

      @@AbdullahGalal the support really nothing compare to your work ! Thank you a lot really!

  • @pankajkumarpandey5668
    @pankajkumarpandey5668 3 роки тому

    Sir please upload the FI AND MM Integration video

    • @AbdullahGalal
      @AbdullahGalal  3 роки тому

      Already fully covered, check this playlist ua-cam.com/video/aDVjni1kcbk/v-deo.html

  • @elmehdibenjelloun9746
    @elmehdibenjelloun9746 3 роки тому

    Hello abdullah can we have a video about integration FI-AA

  • @LEARNINGSOX
    @LEARNINGSOX 3 роки тому +1

    ❤️❤️❤️

  • @v12YT
    @v12YT Рік тому

    end user

  • @mahmoudelmesallamy7245
    @mahmoudelmesallamy7245 3 роки тому

    ♥️♥️♥️♥️