In - Order to cash process like Sales order,Delivery,Billing,Payment

In - Order to cash process like Sales
order,Delivery,Billing,Payment - In COPA at what point of
OTC the entry is updated in COPA & what was that entry

Question Posted / valli

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In - Order to cash process like Sales order,Delivery,Billing,Payment - In COPA at what point of ..

Answer / kaustav

Depends on what type of COPA you are using. If u r using
Account based COPA, the entry gets posted at PGI as :
B/S Clg a/c Dr
Inventory a/c Cr
At time of invoicing : Debtors Dr
Sales Cr

COGS Dr
B/S Clg a/c cr

If you are using Costing based COPA, entry will happen when
Invoice is complete irrespective of PGI:

Debtor Dr
Sales Cr
(Invoice)
Cogs Dr
Inventory Cr
(Post goods issue)

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In - Order to cash process like Sales order,Delivery,Billing,Payment - In COPA at what point of ..

Answer / james bond

Here is the flow from SD to CO-PA

1. Sales order is created
2. Goods delivered
3. Goods Issue ( DR COGS CR Inventory )
4. Billing Document
5. Update - Update CO-PA, Receivables, Revenue

Hope this helps.....

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