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Evo-ERP and DBA Classic >> Manufacturing >> Work in Process Summary
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Message started by 7dawn on 09/25/09 at 06:36:44

Title: Work in Process Summary
Post by 7dawn on 09/25/09 at 06:36:44

Finished product WIP cost is higher than Actual Total cost so Net Wip has minus. When ever we shipped partial we get that report. On the WO has 100 % WIP I do not see any error but when i was running WIP Summary I get that , why why why.. ::)

Title: Re: Work in Process Summary
Post by cathyh on 09/25/09 at 07:41:18

When you finish a partial work order, depending on what you use for the cost per item, (standard cost, DBA calculated approximate actual cost, or your own estimated cost), there may be a difference between the cost you use for the partial and the actual cost per item when the work order is completely finished. This difference posts as a variance, either positive or negative depending on whether the costs you used are understated or overstated.

Title: Re: Work in Process Summary
Post by 7dawn on 09/25/09 at 10:51:01

Thanks for your answered. Our WO was WIP 100 % . Material and Actual cost are equal. If I shipped partial from that WO, Finished product will be more but not all of my WO some WO, may be 1 or 2. This is straight Working WO not WIP or changed. I do not understand was Finished Prod cost is more than material and Actual cost. I really want to know is what cause it is.
thanks