Thursday 29 March 2012

IMP ABOUT THE WHOLE CYCLE OF O TO CASH

---------------------------IMP ABOUT THE RELATION AND FLOW -------------------------------
 INV---OM---- AR--- > GL<-----AP---- PO----INV     O TO C CYCLE CALLED ORDER TO CASH CYCLE.....

AR --INVOICE AND RECEIPT
AP --PAYMENT  AND INVOICE

 -------------------IMP ABOUT THE RELATION -----------------------------------------------
 (CUSTOMER) AR------RECEIVING MONEY FROM CUSTOMER  ------>ORGANIZATION  -----PAYING MONEY TO SUPPLIER ------>AP (SUPPLIER)