Erp
This query is : Resolved
23 January 2014
In ERP software, how do we increase the WIP by direct labour, direct expenses and other indirect expenses to arrive at cost of production
23 January 2014
No Journal entry mean as under
WIP account Dr
To Manufacturing expenses
(Here manufacturing expenses
shall include labour, expenses
and other manufacturing expenses)
How do we knock up this account
viz. Manufacturing expenses
WIP account Dr
To Manufacturing expenses
(Here manufacturing expenses
shall include labour, expenses
and other manufacturing expenses)
How do we knock up this account
viz. Manufacturing expenses
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