Posting Example for Cost of Sales Accounting: Sales Order Processing in fico

Purpose

In this process, (as in three additional processes), we show you how to create your profit and loss statement based on cost of sales accounting using the special purpose ledger. You will see the various steps of a sales process and the effect they have on your profit and loss statement (P&L). For general information about cost of sales accounting, see the process Posting Example for Cost of Sales Accounting: Other Financial and Controlling Examples

You initiate the sales process by accepting a sales order for the PC components that you manufactured in repetitive manufacturing in the process Posting Example for Cost of Sales Accounting: Repetitive Manufacturing. You send your product, issue the invoice, and examine the effect on your profit and loss statement. You only have to carry out the repetitive manufacturing process before this one if you do not have sufficient products for sale in storage.

The following diagram reflects the procedures in this process:

For more information about sales order processing, see the SD process Sales Order Processing and Subsequent Functions.

Process Flow

You can find the data for this process under .

Entering Sales Orders

Delivering Products

Issuing Invoices

Running the Report for the Profit and Loss Statement