The balancing account to the WIP Job Sales Account, which is an income account. The balancing account to the WIP Invoiced Sales account, which is a contra income account. It is a balance sheet Unearned Revenue account. The account for the invoiced sales value of the WIP that is not able to be recognized. When a WIP adjustment requires you to increase the recognized revenue, you post to this account. The WIP account for the calculated sales value of the WIP, which is an accrued revenue account for your balance sheet. If left empty, the general ledger account entered on the job planning line is used. The sales account that will be used for general ledger expenses in job tasks with this posting group. The balancing account to the WIP Accrued Costs account, which is an expense account. When a WIP adjustment requires you to increase the usage costs that you post to your income statement, you post to this account.Ī balancing account to the WIP Costs Account, which is a contra for a negative expense account. This account is for accrued expense liability on your balance sheet. The WIP account for the calculated cost of the job WIP, which is a balance sheet capital asset account.Īn account for the Cost Value or Cost of Sales method of WIP calculation. You can enter up to 10 characters, including spaces.
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