What documents are generated during the Order to Cash (OTC) billing process?

During the Order to Cash (OTC) billing process in SAP S/4HANA, a variety of documents are generated to capture the financial transactions and ensure proper accounting and control mechanisms are in place. The invoice or billing document is the primary document generated, which represents the demand for payment from the customer.

In addition to this, an accounting document is produced to record the financial impact of the billing, which updates the general ledger and reflects the revenue generated from the sale. This is crucial for tracking the financial performance and ensuring that all financial records are accurate and up to date.

Moreover, a controlling document may also be created, particularly if the organization uses internal reporting or wants to analyze costs associated with sales, such as profitability. This document aids in managerial decision-making by providing insights into how sales processes affect costs and overall financial health.

The generation of all these documents ensures a comprehensive view of the OTC process. It integrates various functional areas like sales, finance, and controlling, facilitating effective business management and reporting. Therefore, the correct representation of the outputs during the OTC billing process encompasses accounting, billing, and controlling documents, making the response that all of these are generated entirely accurate.