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Dynamics 365 Community / Forums / Microsoft Dynamics GP (Archived) / Increase/Decrease in S...
Microsoft Dynamics GP (Archived)

Increase/Decrease in Stock-WIP

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Posted on by UmairHassan 40

Hi there!

I need some understanding and grass root analysis of why system post this JV in GL when we post Finished Goods / Semi Finished Goods item through Manufacturing module in Dynamics GP:

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Inventory Account - Finished Goods (Debit)

Increase / Decrease in Stock-WIP (Debit) sometimes gets credited

Work in Process Account (Credit)

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Such transactions doesn’t even have any descriptions to track the nature and these transaction create a huge difference in  account balance and that hits profit & loss statement as well.

Any kind of support regarding that, would be highly helpful.

 

Regards 

Umair Hassan

+923008490125

*This post is locked for comments

  • Suggested answer
    Richard Whaley Profile Picture
    Richard Whaley 25,195 on at
    Re: Increase/Decrease in Stock-WIP

    If you have backflushed or floor stocked items and not all of these items have been issued to WIP, the MO Receipt and MO Close transactions can generate these types of transactions.

    You might want to check out our books Shop Operations and Manufacturing Cost Accounting for MS Dynamics GP as they explain how these transactions are generated in lengthy detail.

  • UmairHassan Profile Picture
    UmairHassan 40 on at
    Re: Increase/Decrease in Stock-WIP

    Items are valued at average perpetual method. No Labor or machine codes are defined for FGs,

    UMAIR HASSAN

  • GPDavid Profile Picture
    GPDavid 2,250 on at
    Re: Increase/Decrease in Stock-WIP

    Hello, can you tell us how your items are valued?  Are you using a Periodic or Perpetual valuation method?

    Also, are you entering labor and/or machine time against these MOs?  On the routings setup for these items, do you have Labor and Machine cards setup with Labor and Machine times?

    If the answer to the last few questions is no, then it is likely the WIP variances are resulting from material transactions.  Let us know how these items are valued.

    David

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