Month End W.I.P Report

Yahoo Archive
1
Actually wip you just put the date you want it include to and it ignores
all the current months labor and burden.



________________________________

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf
Of Geary, Stephanie
Sent: Friday, October 05, 2007 12:43 PM
To: vantage@yahoogroups.com
Subject: RE: [Vantage] Month End W.I.P Report



Why would you need to wait on A/P to enter invoices. The amounts post
from the PO price. Do you have that many variances that you need to
have the invoice entered first?

________________________________

From: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
[mailto:vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com> ] On
Behalf
Of john.straw
Sent: Friday, October 05, 2007 8:53 AM
To: vantage@yahoogroups.com <mailto:vantage%40yahoogroups.com>
Subject: [Vantage] Month End W.I.P Report

Any suggestions on how to manage the Work In Process report to capture
month end costs for the proper Accounting Period? Accounting doesn't
receive all A/P Invoices for 4-5 days after month end but if you wait
to run the WIP report until all A/P is entered then you get
Labor/Burden included for the next month that you shouldn't have
included.

This message has been processed via your triumphgroup.com e-mail
address.

[Non-text portions of this message have been removed]


This message has been processed via your triumphgroup.com e-mail
address.



[Non-text portions of this message have been removed]
2
Any suggestions on how to manage the Work In Process report to capture
month end costs for the proper Accounting Period? Accounting doesn't
receive all A/P Invoices for 4-5 days after month end but if you wait
to run the WIP report until all A/P is entered then you get
Labor/Burden included for the next month that you shouldn't have
included.
3
Why would you need to wait on A/P to enter invoices. The amounts post
from the PO price. Do you have that many variances that you need to
have the invoice entered first?



________________________________

From: vantage@yahoogroups.com [mailto:vantage@yahoogroups.com] On Behalf
Of john.straw
Sent: Friday, October 05, 2007 8:53 AM
To: vantage@yahoogroups.com
Subject: [Vantage] Month End W.I.P Report



Any suggestions on how to manage the Work In Process report to capture
month end costs for the proper Accounting Period? Accounting doesn't
receive all A/P Invoices for 4-5 days after month end but if you wait
to run the WIP report until all A/P is entered then you get
Labor/Burden included for the next month that you shouldn't have
included.


This message has been processed via your triumphgroup.com e-mail
address.



[Non-text portions of this message have been removed]