Project WIP

Dimitri
2007-09-06
2013-05-02
  • Dimitri

    Dimitri - 2007-09-06

    Hi all:)

    When I issue to a project the accounting entries are correct.. Project WIP is debited as excepted. However when "Generating Sales Order" Project WIP is not credited.

    How do I "sell" a "completed" project?

    Pieter

     
    • Adhitya

      Adhitya - 2007-11-06

      Hi Dimitri,

      WIP (Work in Process) means you're still working on something. You never sell WIP. To sell something that is in WIP you have to "finished" it first. Then it will called Finished Good, not WIP.

      The second one, there is no accounting entries when your generate Sales Order. The entries will be created when Invoice is generated.

      I hope it helps

       

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