You use this program to view and clear variances left in Work in Progress for completed WIP inspection references.
Completed WIP inspection references are those where the manufactured quantity for the inspection reference has been fully accepted, scrapped or reworked, but the inspection reference is not yet set to complete due to the existence of inspection variances.
WIP Inspection variances occur when there is a difference between the cost taken into WIP inspection for a parent item and the cost of the item when it is accepted into stock. These variances must be cleared before the job can be purged, archived or the WIP inspection reference set to complete.
The variance values are reflected on the distribution report and are posted to the General Ledger.
- Toolbar and menu
- Review Criteria
- WIP Inspection Variance Review
- Posting Details
- General Ledger Entry
- Notes and warnings
| Field | Description |
|---|---|
| Start Review | Select this to display the inspection references according to the criteria you indicated. |
| Change Criteria | Select this to change previously entered criteria. |
| Field | Description |
|---|---|
| Stock code selection | Indicate the stock codes to include in the review. |
| Warehouse selection | Indicate the warehouses to include in the review. |
| Job selection | Indicate the job numbers to include in the review. |
| Job class selection | Indicate the job classifications to include in the review. |
| GL distribution | The General Ledger account to which the variances must be posted defaults to the Automatically cleared variances account defined against the warehouse (Warehouses). If this is not defined, then it defaults to the Automatically cleared variances control account defined at company level (General Ledger Integration). |
| Default GL distribution account | Enter the default General Ledger account to which the variances for the selected lines must be posted. |
This pane displays the inspection references that are complete, but have not been set to complete, due to the existence of variances. Only those references you selected to include in the Review Criteria pane are displayed.
| Field | Description | ||||
|---|---|---|---|---|---|
| GL Distribution | Select this to distribute outstanding amounts to General Ledger codes of your choice in the General Ledger Entry pane. | ||||
| Post | Select this to post the variance for the selected
line(s) to the General Ledger and to set the inspection
reference to complete.
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![[Note]](images/note.png)
This pane displays the current posting information for the transactions as well as the running totals of General Ledger distribution entries added.
| Field | Description |
|---|---|
| Posting month | This indicates the period in the year selected into which the variance(s) will be posted, but can be changed (see Change Posting Period). |
| Posting year | This indicates the year into which the variance(s) will be posted, but can be changed (see Change Posting Period). |
| Transaction date | This indicates the transaction date required for the transactions. |
| Distribution values |
These values change as transactions are assigned and accumulated in the General Ledger Entry pane.
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The fields on this pane enable you to distribute any outstanding amounts for an inspection reference to ledger accounts of your choice.
| Field | Description |
|---|---|
| Delete |
Select this to remove the highlighted transaction from the entries listview. You can only select this if an entry has already been added. |
| Apply Undistributed | Select this to assign the total outstanding amount to the specified ledger code. The Undistributed amount is displayed in the Posting Details pane. |
| Ledger code |
Indicate the ledger code to which you want to distribute the variance amount for the selected line. This defaults to the ledger code defined against your preferences, but can be changed. The ledger code is validated only if the Work in Progress module is integrated to General Ledger in detail or summary (General Ledger Integration). |
| Ledger description | This indicates the description for the ledger code. |
| Distribution amount | Indicate the amount to distribute to the specified ledger account. |
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Before using this program you must run the Balance function of the WIP Period End program to enable the system to identify jobs with inspection variances.
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No detail Inventory journals are created for transactions processed using the WIP Inspection Variance Closure program. In addition, the summary inventory journal page reflects zero values. The reason is that these transactions are for variance values only and therefore do not affect inventory quantities.
Inserting Application Help
You would typically follow this procedure to display help for the current program in a customized pane that can be pinned to the program window.
Information includes step-by-step instructions for the various functions available within the program, including a brief overview of what the program does, what setup options are required and how to personalize the program.
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Open the program for which you want to insert application help into a customized pane.
This functionality is only available for a program that has panes.
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Right-click any form field.
You can also click the triangle menu icon that appears in the title area of a pane.
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Select Insert Application Help from the context-sensitive menu.
The application help appears in a pane within your program. You can reposition the pane using the docking stickers or pin it to the program window.
Removing the Application Help pane
If you no longer want to display application help in a pane for your current program, you can simply remove it.
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Select the Close icon in the right-hand corner of the application help pane.
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Confirm that you want to delete the pane.