Work Order WIP discrepancy issue

Hi All,

Came across an issue in Work Order I was hoping someone might be able to shed some light on -  for a given work order, we are simply issuing the necessary raw materials out of inventory for the work order, then completing the finished goods, however the cost of the finished good comes out to less than the material we pulled out (leaving a balance in the WIP account).  Both raw materials and finished good are FIFO valuation.  Any advice on what we might do to investigate/troubleshoot this?  Let me know if I can provide any additional information.  Thanks!

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  • 0 in reply to Kevin M

    0 scrap, 100% yield.  I think this is the issue (related to qty planned/vs completed).  The settings for this particular work order match the below scenario.

    Work orders created when Automatic is selected in the Issue Method field use the work order percent complete amount to allocate the costs updated to the work in process accrual account before the completion entry is recorded. This method leaves a zero balance in the work in process accrual account when the last completion entry for the work order is recorded.