REVENUE AND COLLECTION CYCLE

Sales Credit Shipping REVENUE CYCLE FUNCT

Order acceptance Customer approval Order

Order processing Order approval Delivery

Sales order Approved sales order Bill or loading

Billing Accounting Billing

COLLECTING
CYCLE FUNCTON
*Reminding customer
of their accounts due
*Monthly statement
*Updating of customer *Charging customer
record
*Sales invoice
*Journals and ledgers

Accounting
Mail room Treasury

Collection of posting
Mail and remittance receipt Collection deposit updating of records

Remittance advice Deposit slip Journals and Ledgers