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.
Leo Pietrantuono - Solbern Inc.
shared this idea
AdminEdward M. Kwang - NETcellent System, Inc.
(CEO / Founder, NETcellent Systems, Inc.)
responded
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.
