WIP JOB and period close

Hi,
Wish to know the following.
1. If we have a job in cancelled status in WIP .If we close the period how this will be treated for closure. will the system automaically close the job and post the variance or it will keep the job in same status.
2. If we have a job in complete and complete - no charge . if we close the inventory period will the system willl close the jobs automatically . if not then how the variance will be computed for hte jobs
Thanks
Ravindra Deshmukh

The system doesn't "automatically" close jobs. The closest you can get is scheduling a concurrent request.
You chose the job status(es) to be closed. If you close a cancelled job, any charges are written off to variance per the wip accounting class.
Check page 3-90 in the most recent WIP manual.
Basically, the variances are posted in whatever period the job is closed in.
You may want to look at the cost manual for more information.

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