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View Full Version : Treatment of WIP Accounting


lauef
Dec 9, 2011, 11:39 PM
May I know how the monthly cycle count on shopfloor items help to provide a actual quantity usage for WIP report in month end?

farmerruss
Dec 10, 2011, 06:36 PM
The cycle count supports the book inventory. If the cycle count does not match book an inventory adjustment is usually made and the +- $ amount is charged.