Status colour Blue title Step 1
Start the transaction FB50
- Document and Posting date (Closing month)
- Accounts to post the WIP
- Posting Key (Debit or Credit)
- Amount of WIP
- Order in Work in Progress
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Order Selection: Initial screen |
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Make sure that you have previously calculated the WIP and collected the orders in WIP |
Status colour Blue title Step 2
Post WIP journal using the following accounts:
Cost Account: 98350200
G/L Account: 34000200
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The cost account should be credited and the G/L account debited. |
The cost account must have a cost object assigned which will be the order that was previously calculate as Work in Progress (WIP).
Post the journal to the closing month (M)
Status colour Blue title Step 3
Save the document clicking on and you will get the document number that you have just posted.
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Status colour Blue title Step 5
Status colour Blue title Step 6
Status colour Blue title Step 7
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After posting the Work in Progress you must reverse it on following month. Ensure that next step is also done. |
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