WIP account

Hi,
Can anyone tell me about wip account and its link in ps module.
Thanks In advance,
Bagi

Hi bhagi j,
then you need to understand the whole idea of result analysis, which can not be explained here - I would recommend a SAP consultant for this.
Alternatively, you might have a look into the online help:
http://help.sap.com/erp2005_ehp_02/helpdata/en/90/ba81d2446711d189420000e829fbbd/frameset.htm
in there: by sales oder > Period-End Closing in Product Cost by Sales Order: Scenario > Results Analysis
Depending on the RA method, the system can post WIP or revenue in eccess of billings, etc.
regards
Bjoern

Similar Messages

Can I create new wip accounting class type?

What are the differences between wip accounting class types are set? and can I define new types?

>
I could use some quick help. In our 9i environment I used to type in dbca command to create a new database. Is there a similar option in 10G express.
>No. You cannot create a XE database: it's created when installing XE and you cannot create another database with XE software on the same host.
>>I can not seem to find a way to create a new database instance. I am guessing I will need to re-create my schema, and table structures under the one instance. Is that true?
>Yes you need to create your schema in the existing XE database.

WIP Accounts showing credit balance in trial balance

hi all,
With our client,In trial balance most of WIP Accounts is showing Credit balance(nearly crores),
normally it will have debit balance,In production process issue type is backflush for all items &
all production orders was closed after completion of production & WIP Accounts should have megre/nil
balance after completion of production.
What could be the problem ?
Jeyakanthan

Thanks Jesper & Sudha.
Using general ledger report we analyzed WIP G/L accounts there is nothing wrong in JE postings,
Problem is old production orders belonged to previous fiscal year were closed in current year,
which causes credit balance higher than debit balance, WIP g/l account balances were not brought to
zero using JE's(SinceWIP is actually an offsetting account).
Problem may be solved by closing production orders in their respective months,locking posting periods
belong to previous fiscal year,alerting users using query by alert management.
Jeyakanthan

WIP account not defined

Hello all!
I am trying to give a production order of a BOM. When I am trying to receive the production order, it gives me an error saying "No WIP account defined for item".
My items are all managed by warehouse, and the G/L accounts is set to be managed by warehouse.
I checked the accounting tab of all warehouses, but the WIP account is defined in all of them. Where else do I have to define the WIP account?
scorp

Hii
      check in Administration-setup-financialsg/l A/C determination-Stock (TAB)
                                                                 Good Luck
                                                                            RIYAZ
Edited by: Mohammed Riyaz on Mar 12, 2009 11:38 AM

WIP Account on BS $0 value

Why are entries to my WIP account being debited and credited as zero when production orders are raised and closed, resulting in no value physically being transferred from inventory into WIP and vice versa on completion. However there is a WIP variance amount resulting.

Hi Gordon
Its 8.82 (8.82.071) PL08
It was backflush but now on manual/issue.
When I trace the journal entries I see the following is currently occurring in SAP and was wondering if this is correct:
1. Raise production order and released:
DR    WIP                   $0
CR    SOH                                  $0
2. Production order is receipted/ (same as closed?):
DR WIP               $0
CR COS                              $0
3. DR (BS) WIP                3,406
     CR    (BS) SOH                                   $3,406
   DR     (BS) SOH                $3,406
   CR     (BS) WIP                                   $3,406
If any variance will go to WIP variance account on the P & L.
It appears WIP is in and out in the same transaction so currently on the BS you can't trace how much WIP is at a point in time as it goes in and out in the one transaction - is that correct?
Thanks ]
Lisa

WIP query for comparison with WIP account

Hi Experts,
I have a client who needs to have a report that will show the incomings and outoings in the WIP account. This sould show the PdO number and details as in the select statement.
I have issues with the Labor that is backflushed. This does not show up on this query. In the end this query need to balance with the WIP account for verification by their CPA.
Any help would be appreciated.
SELECT T3.[ItemCode]"ItemCode", T3.[ItemCode]"Comp/Parent", T2.[DocDate]"Date", T3.[BaseRef]"PdONum",
( T3.[Quantity]*-1)"Qty", T3.[Price] , (T3.[Quantity]*-1*T3.[Price]) "Ext", T0.TransId
FROM OJDT T0 INNER JOIN JDT1 T1 ON T0.TransId = T1.TransId
INNER JOIN OIGN T2 ON T0.TransId = T2.TransId
INNER JOIN IGN1 T3 ON T2.DocEntry = T3.DocEntry
INNER JOIN OITM T4 ON T3.ItemCode = T4.ItemCode
WHERE T1.[Account] = '_SYS00000000166' and T0.[RefDate] >=[%0] AND T0.[RefDate] <=[%1]
UNION
SELECT T2.[ItemCode]"ItemCode", T6.[Code]"Comp/Parent",T2.[RlsDate]"Comp/Parent", T2.[DocNum]"PdONum",
T3.[IssuedQty] "Qty", T7.[AvgPrice], (T1.[Debit]-T1.[Credit]) "Ext", T0.TransId
FROM OJDT T0 INNER JOIN JDT1 T1 ON T0.TransId = T1.TransId
INNER JOIN OWOR T2 ON T0.TransId = T2.TransId
INNER JOIN WOR1 T3 ON T2.DocEntry = T3.DocEntry
INNER JOIN OITT T5 ON T2.ItemCode = T5.Code
INNER JOIN ITT1 T6 ON T5.Code = T6.Father
INNER JOIN OITM T7 ON T3.ItemCode = T7.ItemCode
WHERE T1.[Account] = '_SYS00000000166' and T0.[RefDate] >=[%0] AND T0.[RefDate] <=[%1]
and T3.[IssuedQty]<>'0'and T6.[Code] = T3.[ItemCode] AND T6.[Code] >= 'N000001' AND T6.[Code] <= 'N000131'
UNION
SELECT T3.[ItemCode]"ItemCode", T3.[ItemCode]"Comp/Parent", T2.[DocDate]"Date", T3.[BaseRef]"PdONum",
T3.[Quantity]"Qty", T3.[Price] , (T3.[Quantity]*T3.[Price]) "Ext", T0.TransId
FROM OJDT T0 INNER JOIN JDT1 T1 ON T0.TransId = T1.TransId
INNER JOIN OIGE T2 ON T0.TransId = T2.TransId
INNER JOIN IGE1 T3 ON T2.DocEntry = T3.DocEntry
INNER JOIN OITM T4 ON T3.ItemCode = T4.ItemCode
WHERE T1.[Account] = '_SYS00000000166' and T0.[RefDate] >=[%0] AND T0.[RefDate] <=[%1]
Marli
Edited by: Marli Schutte on Jun 29, 2010 6:31 PM
Edited by: Marli Schutte on Jun 29, 2010 6:33 PM

Hi All,
I found that this query worked:
SELECT Distinct T3.[BaseRef]"PdONum", T2.[DocDate]"Date", (T1.[Debit]) "JE Amt", T0.TransId F
ROM OJDT T0 INNER JOIN JDT1 T1 ON T0.TransId = T1.TransId I
NNER JOIN OIGN T2 ON T0.TransId = T2.TransId
INNER JOIN IGN1 T3 ON T2.DocEntry = T3.DocEntry
INNER JOIN OITM T4 ON T3.ItemCode = T4.ItemCode
WHERE T1.[Account] = '_SYS00000000166' and T0.[RefDate] >=[%0] AND T0.[RefDate] <=[%1] AND T3.[Price] <> '0' and T1.[Debit] <> '0'
union
SELECT T3.[BaseRef]"PdONum", T2.[DocDate]"Date", (T1.[credit]*-1) "JE Amt", T0.TransId
FROM OJDT T0 INNER JOIN JDT1 T1 ON T0.TransId = T1.TransId
INNER JOIN OIGN T2 ON T0.TransId = T2.TransId
INNER JOIN IGN1 T3 ON T2.DocEntry = T3.DocEntry
INNER JOIN OITM T4 ON T3.ItemCode = T4.ItemCode
WHERE T1.[Account] = '_SYS00000000166' and T0.[RefDate] >=[%0] AND T0.[RefDate] <=[%1] AND T3.[Price] <> '0' and T1.[credit] <> '0'
UNION
SELECT T2.[DocNum]"PdONum",T2.[RlsDate]"Comp/Parent", (T1.[Debit]) "JE Amt", T0.TransId
FROM OJDT T0 INNER JOIN JDT1 T1 ON T0.TransId = T1.TransId
INNER JOIN OWOR T2 ON T0.TransId = T2.TransId
INNER JOIN WOR1 T3 ON T2.DocEntry = T3.DocEntry
INNER JOIN OITT T5 ON T2.ItemCode = T5.Code
INNER JOIN ITT1 T6 ON T5.Code = T6.Father
INNER JOIN OITM T7 ON T3.ItemCode = T7.ItemCode
WHERE T1.[Account] = '_SYS00000000166' and T0.[RefDate] >=[%0]
AND T0.[RefDate] <=[%1] and T3.[IssuedQty]<>'0'and T6.[Code] = T3.[ItemCode] AND T7.[AvgPrice] <> '0' and T1.[Debit] <> '0'
UNION
SELECT T2.[DocNum]"PdONum", T2.[RlsDate]"Comp/Parent", (T1.[Credit]*-1) "Ext", T0.TransId
FROM OJDT T0 INNER JOIN JDT1 T1 ON T0.TransId = T1.TransId
INNER JOIN OWOR T2 ON T0.TransId = T2.TransId
INNER JOIN WOR1 T3 ON T2.DocEntry = T3.DocEntry
INNER JOIN OITT T5 ON T2.ItemCode = T5.Code
INNER JOIN ITT1 T6 ON T5.Code = T6.Father
INNER JOIN OITM T7 ON T3.ItemCode = T7.ItemCode
WHERE T1.[Account] = '_SYS00000000166' and T0.[RefDate] >=[%0]
AND T0.[RefDate] <=[%1] and T3.[IssuedQty]<>'0'and T6.[Code] = T3.[ItemCode] AND T7.[AvgPrice] <> '0' and T1.[Credit] <> '0'
UNION
SELECT T3.[BaseRef]"PdONum", T2.[DocDate]"Date", T1.[Debit],T0.TransId
FROM OJDT T0 INNER JOIN JDT1 T1 ON T0.TransId = T1.TransId
INNER JOIN OIGE T2 ON T0.TransId = T2.TransId
INNER JOIN IGE1 T3 ON T2.DocEntry = T3.DocEntry
INNER JOIN OITM T4 ON T3.ItemCode = T4.ItemCode
WHERE T1.[Account] = '_SYS00000000166' and T0.[RefDate] >=[%0] AND T0.[RefDate] <=[%1] and T1.[Debit] <> '0'
Union
SELECT T3.[BaseRef]"PdONum", T2.[DocDate]"Date",T1.[Credit]*-1,T0.TransId
FROM OJDT T0 INNER JOIN JDT1 T1 ON T0.TransId = T1.TransId
INNER JOIN OIGE T2 ON T0.TransId = T2.TransId
INNER JOIN IGE1 T3 ON T2.DocEntry = T3.DocEntry
INNER JOIN OITM T4 ON T3.ItemCode = T4.ItemCode
WHERE T1.[Account] = '_SYS00000000166' and T0.[RefDate] >=[%0] AND T0.[RefDate] <=[%1] and T1.[Credit] <> '0'

Is it possible to charge the expenditures/Cost to WIP Account

Is it possible to charge the expenditures/Cost to WIP Account and at the time of revenue accrual, system takes this cost to some Cost account i.e. Cost of goods sold.
Also upon closure of project,system should trasnfer all the costs from Work In Process to Cost of goods sold automatically.
Am talking about Contract Project type.
Zeeshan

Hi
The method called Revenue Based Cost Accruals is pre delivered billing extension, which you may assign to project types or specific projects.
If you implement that method, verify the AA rules for the costs and for the event types do match to the intended functionality. You can follow the case study example in the Projects Billing User Guide.
Dina

How to wipe accounts of the iphone 4

How do I wipe accounts of iphone I got it an tried setting a free icloud account an an apple but says no longer eligible? ??? Heeelp

Once you reach the three free iCloud account limit on an iOS device, the only fix is to create a new account on a computer or another iOS device, then set that up on your existing device.

WIP Accounting document anomaly

I am doing a process order settlement using KO88. After execution, system is showing an accounting document with etnries:
Change in WIP Dr. & WIP A/c. Cr.
But the entries should be "Change in WIP Cr. & WIP A/c Dr.". Why the above is happening with reverse entries ?

Hi Niki
That means your WIP is-ve....Though conceptually it shud not be -ve, but if the
1.Credit from GR is higher than the Debits posted on process order (Say, Goods Issue 100 USD and GR (stdcost) is 150)
AND
2.You are yet to receive some stock from the process order (i,.e. status is not DLV or TECO)
Regards
Ajay M

Reg. Job work and Stock of WIP account in OBYC

Dear Experts
In our development system,when I create Process order ( with E & L combination) the following accounts
is created
221402 Stock of WIP
504031 GR/IR Clg-Job work
315001 Inc/Dec in WIP
412103 Jobwork Charges
but I have configured in our IDES system, that shows only two accounts GR/IR Clg-Job work & Inc/Dec in WIP.
What is the configuration missed in OBYC. Pls help me.
Thanks
Rajakumar.K

Hi
First which chart of accounts do you want create transaction event keys.
Then decide the transaction event key and posting rule. Then assign the g/l accounts.
I feel you might have created for other chart of accounts.
Regards,
Raman

WIP Account not updated

Hi,
I Have executed transaction code for WIP KKAX , balance not updated in WIP P&L as well balance sheet Gl account could u tel what was wrong i have done in config,
Scenario 1.
I have created GL account PL and BS
I have Maintained RA Key and RA Version, and i have maintained , and i have check the mark transfer to Finance in RA Key version,
further i have done related setting.
Production order status does not have DLV and TECO.
I have executed KKAX / KKAO for calculate WIP ...system showing value...when remove test run...system not showing Balance in PL and B/S GL.
Please let me what what wrong in my Config.
Thanks & Regards.
Vinu.

Hi Ajay,
Thanks for your Inputs.
While run WIP Zero Error Message in system
In OKGA I have maintained following setting
1000 0   000001 COP K WIP     93100100
                                       Rese   93100200
1000 0   000001 COS K WIP     93101100
                                        Rese 93101200
1000 0   000001 REV E
1000 0   000001 SET N
1000 0   000002 COP K WIP     93100100
                                       Rese   93100200
1000 0   000002 COS K WIP     93101100
                                        Rese 93101200
1000 0   000002 REV N
1000 0   000002 SET A
1000 0   000003 COP K WIP     93100100
                                       Rese   93100200
1000 0   000003 COS K WIP     93101100
                                        Rese 93101200
1000 0   000003 REV N
1000 0   000003 SET N
1000 0   000004 COP K WIP     93100100
                                       Rese   93100200
1000 0   000004 COS K WIP     93101100
                                        Rese 93101200
1000 0   000004 REV N
1000 0   000004 SET N
Above setting was thier in config
Please tel me any missing setting.
Thanks & Regards.
Vinu.

DETAIL WIP ACCOUNT BY OPEN PRODUCTION ORDER

Hi Everybody!!!!
I'm trying to develop a report to obtain the detail of the WIP accoun by Open Production Order, but I have the following problem.
All the additional costs are not saved in any table ( I have looked almost everywhere OINM, OIGN, IGN1)
Does anybody know how I can obtain it?
Regards,
Ronald

hi,
Additional costs can be found in table WOR1.
Try this query
SELECT T1.DocNum, T0.ItemCode, T0.WipActCode, T0.CompTotal as 'Additional Cost'
FROM WOR1 T0 INNER JOIN OWOR T1 ON T0.DocEntry = T1.DocEntry
WHERE T1.DocNum = '[%0]'
Jeyakanthan

What is the Roles Of Bridging Account

*What Are The Roles Of These Accounts Bridging, Non-Invoiced Sales Orders And Non-Invoiced Revenue in Periodic Account Assignments form? [ID 1335054.1]*
The Expense account is there to accommodate European accounting practices.
The Bridging account (as seen in WIP accounting classes) is used only in France.
The bridging account (and possibly others) was included at the request of the Global Accounting Engine team on behalf of France in the setup form at design time; but it has never been used as it was decided that transfer To GL would remain manual for the moment. In other words, today PAC only generates distributions based on GAAP/Brazil accounting.
In other words: In US accounting, when you put something in inventory it is accounted as an asset, in France it is accounted as an expense; so during a period you total all expenses and at the end of a period in order to do a fiscal Profit and Loss, you "convert" to assets by using a bridging account : you debit the inventory account and credit the bridging account. This is done by Product Nature: So you have a Bridging account for raw materials, for finished goods and semi-finished.
The fields 'Non-invoiced Sales Orders' and 'Non-invoiced Revenue' was set up with a view to replacing the functionality (used in Europe) that is currently provided by the Global Accounting engine (AX). However, this has not yet been implemented in the apps - which currently support only US GAAP & Brazilian accounting as methods of generating distributions from PAC.
User Guide
2 – 72 Oracle Cost Management User’s Guide
Bridging: This account is optional.
You can also optionally enter an Analytical Invoice Price Variance, Analytic a l Purchase Mirror, Non–Invoiced Sales Order, Non–Invoiced Revenue, Analytical Revenue Mirror, Analytical Margins of Goods Sold, and Average Cost Variance account.
Edited by: Deepkumar Sivanandan on Aug 25, 2012 11:56 PM

Hi Thaman,
Responsibility of functional consultant in ESS/MSS:- Functional configuration under SPRO > Employee self service and manager self service, then preparation of Functional specification design (FSD) if any deviation from standard SAP, Unit test plan preparation and all functionailty testing
Responsibility of Technical consultant:- Preparation of Technical specification design document (TSD), activation of work flow and creation of workflow if additional is required. Creatio of form like vacancy requisition form, new position creation form etc.
Also some kind of technical configuration is there in SPRO for workflow and form
Regards,
Purnima

Reg. Jobwork charges and Stock of WIP not updated

Dear Experts
In our development system,when I create Process order ( with E & L combination) the following accounts
is created
221402      Stock of WIP
504031      GR/IR Clg-Job work
315001      Inc/Dec in WIP
412103      Jobwork Charges
but I have configured in our IDES system, that shows only two accounts GR/IR Clg-Job work & Inc/Dec in WIP.
What is the configuration missed in OBYC. Pls help me.
Thanks
Rajakumar.K

Hi,
Let me try to demistify this. What you have got in your development system is correct? The transactions are pertaining to Charging job work to the process order and then WIP Calculation. But whereas, there seems to be only one transaction of charging the job work to the process order. But the account taken is wrong. Hence, please the check the selection of the account while posting.You need to select the P & L account of Job work charges instead of Inc or Dec of WIP account.
Trust this helps much!
Cheers!

Service Entry Sheet Accounting Entries??

Dear All,
At the time of Service Entry sheet our client is asking to post the accounting entries as below.
WIP A/C-Dr xxxx
To SR/IR A/c xxxx
For WIP we have to give the WBS so that at later stage this WIP has to be settled (wbs settlement to GL) to the COGS Account.
Lets see the Functionality for this.
Ex: Customer orders A construction of Cell Tower.
To constuct a Tower It involves 1) Supply of Material 2) Erection work 3) Civil
for supply of material directly it will be purchased from the 3 rd party and send it to the customer location and do the billing.
For Erection work Internal employees will go and do the erection work and billing to the customer.
For Civil work where we dont have human resources, so we give this civil work to the sub contractors and once the job is done we will pay to the sub contractor.
in this scenario with respect to the civil work as we are paying the money on behalf of customer (receivable from customer) client is asking to post the service entry sheet entries to WIP account.
Please suggest us the proper process or how to it.
I also will explain the problems we are facing to post to WIP.
As WIP is balance Sheet Item and its assigned in GBB system is not allowing to create cost element for that, so at the time of posting the service entry sheet I am able to post the transaction without WBS.
As we planned to settle wbs to cogs now it cant be done.
Please suggest me some solution.
Regards,
Shashi Kanth.

Result Analysis is a concept in CO which enables you to post WIP when the project is not closed yet. Once the project ends, you run the RA again and reverse the posting to post the actual values. You can speak to your CO consultant for this. You can refer the following link to get the document.
http://help.sap.com/bp_bl603/BBLibrary/Documentation/183_BB_ConfigGuide_EN_ID.doc
Also, you'll get lot of other resources on this if you google.
Ravi.

WIP account

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