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  • P2P and O2C

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    The document discusses Oracle's procure-to-pay (P2P) and order-to-cash (O2C) cycles. The P2P cycle involves 9 steps from purchase requisition to payment. Key Oracle applications used include the Purchasing, Inventory, and Accounts Payable modules. The O2C cycle involves 6 steps from sales order to reconciliation. Key Oracle applications used include Order Management, Inventory, Accounts Receivable, and Cash Management modules. Journal entries are also outlined for transactions in each cycle.

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    P2P_and_O2C

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    The document discusses Oracle's procure-to-pay (P2P) and order-to-cash (O2C) cycles. The P2P cycle involves 9 steps from purchase requisition to payment. Key Oracle applications used include the Purchasing, Inventory, and Accounts Payable modules. The O2C cycle involves 6 steps from sales order to reconciliation. Key Oracle applications used include Order Management, Inventory, Accounts Receivable, and Cash Management modules. Journal entries are also outlined for transactions in each cycle.

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    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
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    88 views9 pages

    P2P and O2C

    Uploaded by

    India Jindhabad
    The document discusses Oracle's procure-to-pay (P2P) and order-to-cash (O2C) cycles. The P2P cycle involves 9 steps from purchase requisition to payment. Key Oracle applications used include the Purchasing, Inventory, and Accounts Payable modules. The O2C cycle involves 6 steps from sales order to reconciliation. Key Oracle applications used include Order Management, Inventory, Accounts Receivable, and Cash Management modules. Journal entries are also outlined for transactions in each cycle.

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    © All Rights Reserved
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    of 9

    Oracle

    P2P & O2C

    Prepared by: Ayman Bagha


    PROCURE TO PAY
    P2P
    P2P cycle Oracle AP

    1. PR

    9. PAYMENT
    2. PO
    Procurement

    6. Enter Invoice
    3. Receiving Area
    4. Inspection
    5. Inventory Valuation
    P2P cycle Oracle AP

    Procure to pay cycle


    Purchase Req Any employee Purchasing module

    Purchase Order Purchasing Officer Purchasing module

    Receiving Area Storekeeper Inv. module


    Goods Receipt Inspection Storekeeper Inv. module
    Inventory Valuation Storekeeper Inv. module

    Enter Invoice AP accountant AP

    AP accountant AP
    Payment

    Reconcile CM accountant CM
    P2P cycle Oracle AP
    P2P Journals
    PR No journals

    PO No journals

    Dr. Receiving Area


    Receiving Area Cr. AP Accrual

    Dr. Inspection
    Inspection
    Cr. Receiving Area

    Inventory Dr. Inventory Valuation


    Valuation
    Cr. Inspection

    Enter Invoice Dr. AP Accrual


    Cr. AP Supplier XXX (Liability)

    Dr. AP Supplier XXX (Liability)


    Payment Cr. Cash clearing

    Dr. Cash clearing


    Reconcile
    Cr. Cash in bank
    ORDER TO CASH
    O2C
    O2C cycle Oracle AR

    1. Sales order

    6. Receipt
    Order to cash
    2. Shipping

    3. Create Invoice
    O2C cycle Oracle AR

    Sales order Sales employee Order Management module

    Shipping Shipping Officer Inv. module

    Invoice AR accountant AR module

    Receipt AR accountant AR module

    CM accountant CM
    Reconcile
    O2C cycle Oracle AR
    O2C Journals

    Sales order No journals

    Shipping Dr. COGS


    Cr. Inventory Valuation

    Invoice Dr. AR
    Cr. Revenue
    Cr. Tax

    Dr. Confirmed check


    Receipt Cr. AR
    Dr. Remitted check
    Cr. Confirmed check

    Reconcile Dr. Cash


    Cr. Remitted check

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