As the most of projects are jobs performing usually several months (or several years), WIP calculation is very important part of Job Management. From NAV 2013, we have new functionality for WIP calculation in Jobs – the WIP cockpit. I already described how this feature works in my older post and now, I want to show you results of WIP posting in G/L Entry.
When you want to post WIP to G/L, system will use only Jobs Posting Groups for determining what account need to use. Considering, there are not only one method of WIP posting, it means system doesn’t post results on the same way every time.
In this first example, I have used following WIP posting methods as recognized costs: Cost Value and Usage (Total Cost). Results for these two methods are the same.
System calculates WIP for all Resource and Item usage, based on Unit Cost and consumed Quantity. Result of this posting is following: