Summary of revenue cycle to complete requirements

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Reference no: EM131907674

Use the following summary of the Revenue cycle to complete the requirements below. Customer orders at Brighton are handled by a sales associate in the sales department who verifies inventory availability and enters the order into the system. A warehouse clerk completes and prepares the order and a shipping clerk sends the order to the customer. If the entire order cannot be filled, the items that are available are shipped to the customer and the remaining items are shipped when they become available. Based on the invoice for each sale, customers submit their payment which is due 30 days from the date of the invoice. Brighton does not utilize monthly statements. However, for large orders over $2,000, Brighton offers installment payments where customers must pay 50% by 30 days from the date of the invoice and the remaining balance is due 45 days from the date of the invoice. All customer cash receipts are processed by a cash receipts clerk and are deposited on a daily basis in the checking account. Using the information provided for SavvyDude prepare an REA Data Model for the Revenue Cycle, including cardinalities using the guidelines and appropriate symbols. The REA model should be well-formatted, easy to follow, and include appropriate cardinality notations. ALSO, create the appropriate table structures which would be implemented in a relational database for this model.

Reference no: EM131907674

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