Revenue Process

Instructions for Revenue Process For the revenue process, refer to Figure 10-2 (p. 344 - p. 346). In a memo that should be no longer than one page, please write a narrative -describing how a revenue transaction goes through the Company (e.g., "A customer sales order is received via mail, fax, phone, or internet. This is input into the system, which validates the order as to inventory availability, etc..."). -Describe the flow of a transaction including shipment, billing, and how the cash receipt is handled. This should be a concise narrative, which requires you to identify the key points in the process. You don't have to describe every item in the flowcharts. Just stick to the key events in the revenue process. Use                                                                                    

Sample Solution