Dear Gurus,
We have a situation in where we are not able to calculate the WIP for the production orders:
As of, we are trying to implement the month end process to calculate the WIP.
Our routing structure is different as we have 12 confirmations where from 1st to 4th confirmations we are able to implement the WIP when ever the operation wise confirmation is done.
But the 12th confirmation is a milestone confirmation, which can be done for several times so we can get the no of times GR's as per the tolerance limit.
In between this we build the Liability payments for which the external operation assignment is there. But this process will be happened after six months or eight months time after the 4th operation confirmation we are able to calculate the WIP.
Once the 12th operation is confirmed, then we are going to "TECHO" the order then we are going to calculate the variance and settlement and closing but, due to purchase requisition we are again revoke the TECHO process. due to this the variance is coming and which is hitting the P&L account and as well the Balance Sheet.
Any flash lights on this will be more helpful and please make it for asap.
Regards,
Madhu.G