ORDER TO CASH (OTC) Definition

ORDER-TO-CASH (OTC) is the process where everything that leads from the order, packaging, delivery to having the actual money in the bank is included.

Learn new Accounting Terms

OTHER CURRENT LIABILITIES includes any other current liabilities, including bank overdrafts and accrued expenses.

AUDIT TRAIL is a step-by-step record by which financial, business, and quality assurance data can be traced to its source. For example: checking the validity of an accounting entry through the step-by-step record by which accounting data can be traced to their source.

Suggest a Term