Order to Cash (O2C) Process Overview and Accounting Entries

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  • Опубликовано: 7 ноя 2024

Комментарии • 84

  • @B4ALLB4U
    @B4ALLB4U 3 года назад +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 года назад +3

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

  • @imranpasha159
    @imranpasha159 2 года назад +3

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

    • @AbdullahGalal
      @AbdullahGalal  2 года назад

      Welcome Imran! thank you for the feedback

  • @vinothkumarmathiyalagan9360
    @vinothkumarmathiyalagan9360 Год назад +1

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

  • @kaushalsingh-im7hz
    @kaushalsingh-im7hz 2 месяца назад

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

    • @AbdullahGalal
      @AbdullahGalal  2 месяца назад +1

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

  • @gyanendrapratap9835
    @gyanendrapratap9835 3 месяца назад

    Short & Crisp thank you ! keep posting

  • @saiprasannaalapati6091
    @saiprasannaalapati6091 3 года назад +2

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

    • @AbdullahGalal
      @AbdullahGalal  3 года назад

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

  • @vamshichary8756
    @vamshichary8756 2 года назад

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

  • @manjunathav3670
    @manjunathav3670 2 года назад

    It is very good platform to learn everyone

  • @mohsinahmed6648
    @mohsinahmed6648 3 года назад +1

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

    • @AbdullahGalal
      @AbdullahGalal  3 года назад

      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 года назад

      @@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

  • @hcon991
    @hcon991 3 года назад +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 года назад +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 года назад

      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.

  • @Madhusof007
    @Madhusof007 3 года назад +2

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

    • @AbdullahGalal
      @AbdullahGalal  3 года назад +2

      Maybe after I'm done with AR and FA

  • @bookskoffee5567
    @bookskoffee5567 3 года назад +1

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

  • @mostafasaied1790
    @mostafasaied1790 3 года назад

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

    • @AbdullahGalal
      @AbdullahGalal  3 года назад +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 года назад

      @@AbdullahGalal تسلم

  • @יובלדנוביץ
    @יובלדנוביץ 2 года назад +1

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

    • @AbdullahGalal
      @AbdullahGalal  2 года назад

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

  • @aatishkarale1310
    @aatishkarale1310 3 года назад

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

  • @aks541
    @aks541 2 года назад

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

    • @AbdullahGalal
      @AbdullahGalal  2 года назад

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

  • @shirishashivashanker3485
    @shirishashivashanker3485 2 года назад

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

    • @AbdullahGalal
      @AbdullahGalal  2 года назад

      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

  • @varunbasantani4937
    @varunbasantani4937 Год назад

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

  • @michaelawude4247
    @michaelawude4247 3 года назад

    Hi Do you provide training?

  • @rickydon87
    @rickydon87 Год назад

    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.

  • @adityaverma2492
    @adityaverma2492 3 года назад

    Really the 'must have' videos

  • @MrKiranahire
    @MrKiranahire 2 года назад

    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 года назад +1

      sometimes we post COGS at billing instead of at goods issue

  • @gurujb3480
    @gurujb3480 2 года назад

    For what type of account that otc process belong to?

    • @AbdullahGalal
      @AbdullahGalal  2 года назад

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

  • @oeindrila
    @oeindrila 3 года назад

    Very informative. Thank you.

  • @glavella
    @glavella 3 года назад

    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 года назад

      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

  • @sewer677
    @sewer677 3 года назад

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

  • @mohamedwahba7024
    @mohamedwahba7024 2 года назад

    جزاك الله خيرا

  • @Ayaan2101
    @Ayaan2101 3 года назад

    superb... pls make R2R PROCESS

  • @byungk03
    @byungk03 10 месяцев назад

    감사합니다.

  • @Sravanthi1111
    @Sravanthi1111 2 года назад

    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 года назад +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
      ruclips.net/video/PeTrPUWCY9M/видео.html

    • @Sravanthi1111
      @Sravanthi1111 2 года назад

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

  • @nirleshsaxena1030
    @nirleshsaxena1030 3 года назад

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

    • @AbdullahGalal
      @AbdullahGalal  3 года назад

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

  • @DreamFirms
    @DreamFirms 3 года назад

    Very informative content!

  • @satyajitbarik3445
    @satyajitbarik3445 2 года назад

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

  • @shaanvi8006
    @shaanvi8006 3 года назад

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

    • @AbdullahGalal
      @AbdullahGalal  3 года назад

      keep watching this playlist! I explained the process from zero

  • @anilkumarmungili2750
    @anilkumarmungili2750 3 года назад +1

    Hi sir, please explain GR55 report concept

    • @AbdullahGalal
      @AbdullahGalal  3 года назад +1

      Great suggestion, will include in my plan

  • @priyapatil9768
    @priyapatil9768 Месяц назад

    Difference between p2p and o2c

  • @SeemaM.
    @SeemaM. 3 года назад

    Please make video on VKOA settings

  • @pankajkumarpandey5668
    @pankajkumarpandey5668 3 года назад

    Sir please upload the FI AND MM Integration video

    • @AbdullahGalal
      @AbdullahGalal  3 года назад

      Already fully covered, check this playlist ruclips.net/video/aDVjni1kcbk/видео.html

  • @JohirulIslam-zx9pr
    @JohirulIslam-zx9pr 3 года назад

    NICE VIDIO

  • @jallaltouil1570
    @jallaltouil1570 3 года назад

    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 года назад

      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 года назад

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

  • @zahimohammed4626
    @zahimohammed4626 3 года назад

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

    • @AbdullahGalal
      @AbdullahGalal  3 года назад

      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 👍👍

  • @elmehdibenjelloun9746
    @elmehdibenjelloun9746 3 года назад

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

  • @LEARNINGSOX
    @LEARNINGSOX 3 года назад +1

    ❤️❤️❤️

  • @v12YT
    @v12YT Год назад

    end user

  • @mahmoudelmesallamy7245
    @mahmoudelmesallamy7245 3 года назад

    ♥️♥️♥️♥️