Display WIP Valuation

Use the WIP Valuation Inquiry (WIVQ) program to display work in process quantities and costs for open manufacturing orders. See Road Map for work flow.

The program displays the currency in which values are reported followed by these fields:

Field Name

Displays

Mfg order no

The manufacturing order number

Qty ordered

The quantity of the item ordered on this manufacturing order

Qty comp

The quantity of the item that has been received into on-hand inventory

% Comp

The percent of this order that has been received into inventory: (Qty received) / Qty ordered) x 100

Accumulated costs

Actual costs recorded to date; click Order to display details

Standard costs

Total standard cost for this order: Quantity ordered x Standard unit cost

If a order is partially received: (Quantity ordered - Quantity completed) x Standard cost per item

Received

The extended value of items received: (Received quantity x standard cost)

Net WIP

The net WIP value: (Standard costs – received)

Mfg br

The manufacturing branch for the manufacturing order

Parent item no

The parent item number ordered on this manufacturing order

Description

The description for the parent item

Sts

The status of the manufacturing order

Due date

The date the order is due for completion

Date rel

The date the order was released

Prod cl

The item's product class

Invty cd

The item's inventory code

ABC cl

The item's ABC class

  1. Choose the appropriate options:

To

Do This

Review your options for this program

Click Prog opts. See step 2.

Display costs for the selected manufacturing order

Highlight the line and click Order. See Display Manufacturing Order Costs. Click OK to return to this program.

Display cost performance for manufacturing orders for this item

Highlight the line and click Analysis. See Display Manufacturing Cost Performance for an Item. Click OK to return to this program.

Display the total standard and accumulated costs of manufacturing orders

Click Totals. Click Totals again to redisplay detail.

Print the manufacturing orders listing

Click Print. See Print an Inquiry.

Exit the program

Click Exit.

  1. (Optional) Click Prog opts to review your options. To change them:

    1. Click the Runtime tab to set runtime options. See Set Options for Reports and Inquiries for more information.

    2. Click the Sort tab to set sort options.

    3. Click the Selection tab to select specific records.

    4. Click the Program tab to set these program specific options:

Field Name

Type / Max Length

Action / Description

Convert to currency

Optional
2 alphanumeric

Enter the currency code for which you want to display statistics or leave blank to display the currency used for the transaction.

Curr exchange date

Conditional
10 date

Select the currency exchange date or enter a date shortcut.

    1. Click Save to save these options for future use.

    2. Click Refresh to redisplay current options.

    3. Click OK to apply these options or click Cancel to exit without applying them.