Work-in-Progress Journal
Create reversing WIP journal for a period
WIP Journal
Scans all pending job sheet items with expense accounts dated up to the end of the selected period. Creates a reversing GL journal that debits WIP account(s) and credits the expense accounts. The journal auto-reverses on the first day of the next period.
The WIP journal will be shown for review before saving. It can be reversed or deleted if needed.