ORDER TO CASH CYCLE ACCOUNTING

Sales order entry
No Accounting

Sales Order Pick
Sub Inventory A/c---------------Dr At Std Cost
             Sub-inventory Material A/c Setup
To Inventory A/c----------------Cr At Std Cost(Staging)
            Sub-inventory Material A/c Setup

Ship Confirm
No Accounting

Sales Order Issue
COGS A/c-------------------Dr It can be fetched from five places
    Master Item/Org/Order Type/Line Type/Shipping Paramts
To Sub Inventory A/c------Cr At Std Cost
   Sub-inventory Material A/c Setup

Transaction level
Receivable A/c------------------------Dr
        Transaction type
To Revenue A/c-----------------------Cr
        Transaction type
To Frieght A/c------------------------Cr
       Transaction type
To Tax A/c----------------------------Cr
        Tax codes

Receipts
Cash/Bank A/c------------------------Dr
       Bank
To Receivable A/c--------------------Cr
      Transaction type