The documents of this type are available if the Advanced Product Costing option is selected on the Administration > Settings > Production form with components of cost objects selected from: Item, Project, Project Task, and Customer Order.
The full functionality is available if also the following options are selected:
- The Enable Fixed Asset Accounting option on the Administration > Settings > Asset Management form. You will be able to allocate the labor costs.
- The Enable the HR and Payroll Module option on the Administration > Settings > HR and Payroll form. You will be able to allocate the depreciation costs.
Using documents of this type, you can define the sources and the allocation rules to be used to allocate the costs recorded to the Work-in-Progress GL accounts to Cost Objects. Also, you can transfer specific costs from one Cost Object to another or clear the Cost Object attribute.
The WIP Allocations by Cost Object list
The list of WIP Allocations by Cost Object includes all the documents of this type that are available in the system. If you don't see a specific document, filter the list by entity, transaction type, or responsible person; rearrange the list by date or document number or use the Search field to locate the document by any of its attributes. You can change the list display settings to suit your particular needs. To learn more about the list display settings, see Working with the item list.
The documents can be created with the following transaction types:
- Allocation of Labor Costs: To allocate the labor costs recorded to WIP GL accounts to particular Cost Objects. This transaction type is available if the Enable the HR and Payroll Module option is selected on the Administration > Settings > HR and Payroll form.
- Allocation of Fixed Asset Depreciation Costs: To allocate the depreciation costs incurred in the selected period to particular Cost Objects. This transaction type is available if the Enable Fixed Asset Accounting option is selected on the Administration > Settings > Asset Management form.
- Allocation of Other Costs: To allocate the costs of services purchased during the specified period to particular Cost Objects.
- Adjustment: To make changes to earlier allocations of WIP costs to Cost Objects or to transfer costs from one Cost Object to another or clear the Cost Object attribute.
The toolbar buttons
To manually create a new document of the WIP Allocation by Cost Object type, click the Create button on the toolbar.
To edit an existing document, double-click the line with the document in the WIP Allocation by Cost Object list. You can also select the line, right-click it, and select Edit or click More actions > Edit on the toolbar. If you need to print the selected document, send it by email, or perform other operations, refer to List Toolbar.
See also