The transfer of work in progress (WIP) is relevant only if:
You have linked Isah to financial software, and
You use separate ledger accounts for work in progress.
If you are using WIP accounts, the costs and revenues are not immediately visible in your profit and loss accounts, but are shown in WIP accounts instead. Run the Transfer work in progress process to transfer the costs and revenues out of the WIP accounts to the profit and loss accounts.
Run the Transfer work in progress for entire sales order process to transfer all work in progress for all sales lines and production orders included in the sales order. This means that all underlying items of the parent level will be transferred.
Note: This form does not allow you to select items by sales status, because the highest sales order level does not contain a status.
Note: The Transfer work in progress for entire sales order process is visible only if the Transfer work in progress from customer order is set to 'Using Actual Costing module'.
It is possible to select a project from which you want to transfer the work in progress. The selected project must be of the 'Project' type, and it must be linked to a sales order. If the project is linked to a sales order against which work in progress has been posted, all work in progress will be transferred when the Transfer work in progress from entire sales order process is run.
If you do not select this check box, the sum to be transferred is calculated as follows:
If you created the invoice first and then registered (partial) production receipts, the sum will be: Total production quantity (regardless of the actual receipts) * Invoice price per piece
If you registered (partial) production receipts first and then created the invoice, the sum will be: Quantity received * Invoice price.
If you do select this check box, the sum to be transferred will never depend on the quantity received from production. In this case, the sum is always equal to the sum invoiced on the sales line.
If this check box is selected, contra entries will be made for the costs, work in progress, and provisional turnover sums posted as reservations against the selected order. The reservation sums are cumulated by type, after which a journal entry is created for the contra entry. The functional result of the reservation sums will then be equal to zero.
Project