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Auditing Process Manufacturing (OPM) WIP Valuation

Avatar photoCustomer April 5, 2022 at 1:35 pm

We use OPM and need a summary report of WIP values by batch and organization. Crucially, we need the valuation accounts to come from the cumulative WIP Valuation accounting entries processed by Create Accounting. Which report should I use?

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    • Support April 6, 2022 at 5:22 pm  

      You should use the CAC OPM WIP Account Value report. This report displays WIP values for process manufacturing, showing the cumulative WIP Valuation accounting entries processed by Create Accounting.

    • Avatar photoCustomer April 7, 2022 at 5:46 pm  

      Can I choose to include or exclude laboratory batches from this valuation analysis?

    • Support April 8, 2022 at 7:11 am  

      Yes, the report includes the mandatory parameter ‘Include Lab Batches’, which defaults to ‘No’ but can be set to ‘Yes’ to include laboratory batches.

    • Avatar photoCustomer April 8, 2022 at 7:31 pm  

      If I need granular details like the Event Class, Transaction Type, and Transaction Date, are there parameters to enable this?

    • Support April 10, 2022 at 5:40 pm  

      Yes, set the parameter ‘Show Transaction Details’ to ‘Yes’ to display columns such as Event Class, Transaction Type, Transaction ID, and Transaction Date.

    • Avatar photoCustomer April 11, 2022 at 7:55 pm  

      Since this is an accounting report, is the ‘Period Name’ parameter mandatory?

    • Support April 12, 2022 at 1:12 pm  

      Yes, ‘Period Name’ is a mandatory parameter to specify the inventory accounting period you wish to report.

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