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How to: Set Up WIP Accounts for Posting Material Consumption

Material consumption credits the inventory account and debits the WIP account.

However, you must first set up the WIP account.

To set up WIP accounts for posting material consumption

  1. In the Search box, enter Inventory Posting Groups, and then choose the related link.

  2. On the Actions tab, in the General group, choose Setup.

  3. Choose the WIP Account field, and select the general ledger account where your ongoing consumption costs are recorded. For more information, see Design Details: Production Order Posting.

See Also

Other Resources

Posting Consumption Manually
WIP Account
WIP Inventory