i have 1 scenario of my client. concern is my WIP account of FG item is not getting 0. means if i checking the total debit amount of GL it is less than the credit amount.
WIP account for FG item = 130001
Total Debit amount = 31405
Total credit amount = 105890
As i know when we post consumption & output = WIP account get Dr.
And after Change the status of Production order as finished then same WIP a/c get Cr.
Now need your help to find out the reason of this mismatch.
It's hard to say where the issue is without seeing the setup of your items and the production order entries. It looks like you included a picture but it doesn't work. This is when the system posts to the WIP account:
posting consumption of components - DR to WIP + CR Inventory
posting output for the operations - DR to WIP + CR Cost of Capacities
posting output for the last operation (finished good item output) - DR Inventory (Interim) CR WIP
changing the status of the production order to finished - will clear your WIP account if there are any variances
Did you change the status to finished? Perhaps that's where the variance is.
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