WIP account

The WIP account is used as a contra account, for material issues and assembly receipts and it is which is in the item, warehouse, or item group. The WIP account of the material may differ from the WIP account of the assembly. In this case, the accounts are unbalanced. When closing the the work order or receipt of the assembly, a balancing posting of all WIP accounts to which postings were made is performed to the WIP difference account of the assembly.

If you work with different WIP accounts, but only want the WIP account of the assembly to be used, you can activate this in Configuration Wizard > Production > Valuation Assembly > Use For Component Transactions > Component WIP Account. In this case, the WIP account of the assembly is used for material issue.

Contra accounts can also be specified in the calculation objects and for time types. Depending on the setting, the transfer is performed from the account specified to the WIP account.

1	Material in WIP	WIP > stock account of the assembly	This is the default behavior. Further settings are not necessary.
2	Material in WIP	WIP > stock account of the assembly and remaining amount in WIP difference account of the assembly	Configuration Wizard > Production > Valuation and Posting of Assembly > Valuation > Balance WIP Account must be enabled.
3	Material in WIP Manufacturing costs in WIP at the time production ends	WIP > stock account of the assembly and remaining amount in WIP difference account of the assembly	Configuration Wizard > Production > Valuation and Posting of Assembly > Valuation: Balance WIP Account must be enabled. Post overheads for partial delivery when closing the production position. Calculation Objects > Overheads > Manufacturing Cost Object enter the contra account for marginal or full costs here if required for Post to account.
4	Material in WIP Manufacturing costs in WIP at the time of the process time notification	WIP > stock account of the assembly and remaining amount in WIP difference account of the assembly	Configuration Wizard > Production > Valuation and Posting of Assembly > Valuation Balance WIP Account must be enabled. Post overheads for partial delivery: no dependency. Calculation Objects > Overheads > Manufacturing Cost Object Don't store any accounts. Create a time type in master data and insert the contra account in overheads or full costs. Store this time type in the work sequences. A transfer is now performed from the contra account specified in the time type to the WIP account at the time of the time report. If the time report is corrected, the journal entry is automatically corrected.
5	Material in WIP Post overheads (production and material surcharges) to the WIP account at the time of assembly receipt	WIP > stock account of the assembly and remaining amount in WIP difference account of the assembly	Configuration Wizard > Production > Valuation and Posting of Assembly > Valuation Balance WIP Account must be enabled. Post overheads for partial delivery: for assembly receipt. Calculation Objects > Overheads Create the corresponding overheads and surcharge objects here and specify the corresponding contra account for the accounts for marginal or full costs.