Post Labor and Overhead Transactions as they are captured not only when quantities are reported.
Labor and overhead are only being posted from BoM when a quantity is reported. For example if a worker is working on building 1 machine for 5 days, every day he reports 0 completed until the 5th day when he completes it. The first 4 days, nothing comes to the GL for Labor or Overhead. On the 5th day when the 1 is completed, ALL the labor and overhead goes to that one day. The amount of labor should show up every day rather than all in 1 time.
This report is completed and will be available in the next Elliott release. See http://support.elliott.com/knowledgebase/articles/1833520-feature-production-time-not-captured-report for more information on the new report.
Ekow T Monney - Tandemloc, Inc. commented
It should be possible to do a percent complete method on a daily or periodical basis to record cost in WIP account and finally run a "program" (back-flush) to post to Inventory (FG) when the job is completed.
Avi Weissbard - Cybermac software LLC commented
I think that this is a good solution and agree with the idea. My understanding after a conversation with Roger that it will it be a time sensitive report. The procedure will be to create the journal entry with R (reverse) with the month-end date.
Daily visibility is needed to manage production and work order progress.
This is important to capture the labor as it happens rather than when completed. This is especially important for year end reporting.