Procure to Pay & Order to Cash

1. P2P & O2C
Prepared by: Ayman Bagha
Oracle

2. PROCURE TO PAY
P2P

3. P2P cycle Oracle AP
Procurement
2. PO
6. Enter Invoice
9. PAYMENT
3. Receiving Area
4. Inspection
5. Inventory Valuation
1. PR

4. Purchase Req
Purchase Order
Goods Receipt
Enter Invoice
Payment
Any employee Purchasing module
Purchasing Officer Purchasing module
Receiving Area Storekeeper Inv. module
Inspection Storekeeper Inv. module
Inventory Valuation Storekeeper Inv. module
AP accountant AP
AP accountant AP
Reconcile CM accountant CM
P2P cycle Oracle AP
Procure to pay cycle

5. P2P Journals
PR
PO
Receiving Area
Inspection
Enter Invoice
No journals
No journals
Dr. Receiving Area
Cr. AP Accrual
Dr. Inventory Valuation
Cr. Inspection
Reconcile
Payment
Inventory
Valuation
Dr. Inspection
Cr. Receiving Area
Dr. AP Accrual
Cr. AP Supplier XXX (Liability)
Dr. AP Supplier XXX (Liability)
Cr. Cash clearing
Dr. Cash clearing
Cr. Cash in bank
P2P cycle Oracle AP

6. ORDER TO CASH
O2C

7. Order to cash
1. Sales order
2. Shipping
6. Receipt
3. Create Invoice
O2C cycle Oracle AR

8. Sales order
Shipping
Invoice
Receipt
Reconcile
Sales employee Order Management module
Shipping Officer Inv. module
CM accountant CM
O2C cycle Oracle AR
AR accountant AR module
AR accountant AR module

9. Sales order
Shipping
Invoice
Receipt
Reconcile
No journals
Dr. COGS
Cr. Inventory Valuation
O2C cycle Oracle AR
O2C Journals
Dr. AR
Cr. Revenue
Cr. Tax
Dr. Confirmed check
Cr. AR
Dr. Remitted check
Cr. Confirmed check
Dr. Cash
Cr. Remitted check

10. Sales order
Shipping
Invoice
Receipt
Reconcile
No journals
Dr. COGS
Cr. Inventory Valuation
O2C cycle Oracle AR
O2C Journals
Dr. AR
Cr. Revenue
Cr. Tax
Dr. Confirmed check
Cr. AR
Dr. Remitted check
Cr. Confirmed check
Dr. Cash
Cr. Remitted check