what is otc(order to cash) process

Answer Posted / magna training

Order to cash involves the following.
1. Customer Initiating processes like - Orders, Contracts,
Scheduling Agreements.
2. Deliveries
3. Billing
4. Payment collection from Customer.
Order to Cash ( OTC as it is regularly called ) is used very
much in interviews and is an industry standard term. For
more information on Order to Cash and exercises on the same,
please visit -
http://blog.magnatraining.com/2011/02/06/sap-sd-training-order-to-cash-cycle-otc-cycle-jan-2011-batch/

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