Implemented Manufacturing Work In Progress
As far as I can see this is not currently available. I simply want to be able to assign raw materials, labour and other costs to a Job, and be able to see a total Job WIP amount on the Balance Sheet in Current Assets; and then go back to each Open Job and get a breakdown of what the costs are that make up the WIP for each job.
WIP is the basic report the bank asks for here in the US/Canada when you credit line is a percentage of assets. This should be an easy one.
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bump!
We do create a work in progress transaction when components are allocated to production but production is not completed. Please check this video tutorial for more details: https://www.youtube.com/watch?v=sAMQSWQvwPU&list=PLkih4Eu6IIl7-Pvz0GbfJCDrK-oJeCDZH&index=28
Hi Val, this link is not working to the video. Can you please repost?