Proven Learning Series: Understanding WIP Processing in Proven Accounting
Автор: PSA - ERP Solution by Canam Systems
Загружено: 2024-08-01
Просмотров: 740
In accounting, Work-in-Progress (WIP) refers to the value of goods or services that are in the process of being completed. WIP is crucial for accurately reflecting the financial position of a company, especially in, restoration, construction, and mitigation industries where projects or production cycles span over time. In this session of our Proven Learning Series, we will be discussing the WIP Process within our Proven Accounting web platform. We will provide an overview of Work-in-Process functions and the power of WIP, with a dive in on how to process WIP via the WIP Calculator and WIP Revenue tools.
If you have more questions, feel free to contact [email protected]
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