WIP & Accruals Reports

WIP & Accruals Reports

WIP (Work in Progress) Reports provide insights into costs, accruals, and pre-billing information. They can be accessed either via:

• The Print icon in the WIP and Accruals screen
• The Reports menu

A selection of reports is available from the dropdown menu in the WIP and Accruals screen.

Available Reports

1. W&A Validation Report

Reports any outstanding decisions that prevent WIP and Accruals from being accepted to the General Ledger (GL).

2. WIP and Accruals Report

Prints an overview of all WIP, accruals, and pre-billings. Options include:

• Latest values (amended)
• Last confirmed values
• Applied values for a specific period

Historical reports are available for confirmed data from previous months.

3. W&A Transaction Report

Shows the transactions that will be created when Apply to GL is run. Based on current confirmed data, with historical reports available for previous months.

4. W&A Transaction Detailed Report

Shows the relationship between W&A data and the transactions created when Apply to GL is run. Historical reports for confirmed data are available.

5. W&A Unconfirmed Changes Report

Displays records with amended W&A data that have not yet been confirmed.

6. Aged WIP Report

Shows how long costs and WIP values have been held as WIP.

• Aging is calculated based on the number of days from the cost date to the end of the selected period.
• Historical reports are available for confirmed data from previous months.

7. WIP Column Report

Allows you to select data based on your W&A decisions and total/subtotal in various ways:

• Includes all jobs with W&A decisions in the selected period
• “To date” columns include historical values
• “Cost” and “Value” columns exclude accrued costs and values (these can be reported separately)