General Ledger Effects of WO Transactions
  PPT
General Ledger Effects of WO Transactions
 
Table 1: GL Effects of Work Orders
Function
Notes
DR / CR
Account
Defaults From
Work Order Component Issue
 
Work order and item at same site
DR
Work in Process
Work Order Maintenance
 
CR
Inventory
Inventory Account Maintenance 1
 
Work order and item at different sites
DR
Transfer Clearing2
Inventory Control
CR
Inventory
Inventory Account Maintenance 1
 
 
DR
Material Rate
Variance
Work Order Maintenance
 
CR
Transfer Clearance
Inventory Control
 
DR
Inventory
Inventory Account Maintenance 1
 
CR
Material Rate
Variance
Work Order Maintenance
 
DR
Work in Process
Work Order Maintenance
 
CR
Inventory
Inventory Account Maintenance 1
Work Order Receipt Backflush
Receipts
DR
Inventory
Inventory Account Maintenance 1
 
 
CR
Work in Process
Work Order Maintenance
 
 
DR
Work in Process
Work Order Maintenance
 
 
CR
Overhead Applied
Product Line Maintenance
 
Rejects
DR
Scrap
Inventory Account Maintenance 1
 
 
CR
Work in Process
Work Order Maintenance
 
Backflush (component issue)
DR
Inventory
Inventory Account Maintenance 1
 
 
CR
Work in Process
Work Order Maintenance
 
 
DR
Work in Process
Work Order Maintenance
 
 
CR
Overhead Applied
Product Line Maintenance
 
 
DR
Work in Process
Work Order Maintenance
 
 
CR
Inventory
Inventory Account Maintenance 1
Work Order Accounting Close
Floor Stock
DR
Work in Process
Work Order Maintenance
 
 
CR
Floor Stock
Work Order Maintenance
 
Material Usage
DR
Material Usage
Variance
Work Order Maintenance
 
 
CR
Work in Process
Work Order Maintenance
 
Subcontract Usage
DR
Subcontract Usage Variance
Work Order Maintenance
 
 
CR
Work in Process
Work Order Maintenance
 
Operation Completion
DR
Work in Process
Work Order Maintenance
 
 
CR
Labor
Department Maintenance
 
 
CR
Burden
Department Maintenance
 
WIP Variance
DR
Method Variance
Product Line Maintenance
 
 
CR
Work in Process
Work Order Maintenance
1 The GL account defaults from the inventory item/site account if one is set up; otherwise, from the product line.
2 Intercompany account instead of Transfer Clearing account if receipt is to a site other than the work order site.