Associating WIP Accounting Classes with Categories

In a standard costing organization, you can associate standard discrete and repetitive assembly WIP accounting classes with categories that belong to the default category set for the Product Line Functional area. In an average costing organization, you can create similar associations by associating accounting classes with categories and cost groups.

The defaults defined in this window can be defaulted when you create discrete jobs, associate repetitive assemblies with production lines, and when you perform work order - less completions. See: WIP Accounting Class Defaults.

The category/accounting class associations can be changed as required.

arrow icon   To define default WIP accounting classes for categories in a standard costing organization:

  1. Navigate to the Default WIP Accounting Classes for Categories window. The Find Default WIP Accounting Classes for Categories window appears.

  2. Choose the New button. The Default WIP Accounting Classes for Categories window appears.

  3. Select a Category.

    You must select a category. You can only select categories that belong to the default category set for the Product Line Functional area.

    You cannot enter a duplicate cost group/category combination.

  4. Select a Standard Discrete and/or Repetitive Assembly Accounting Class.

    You can only select active Standard Discrete and Repetitive Assembly accounting classes. You can optionally associate both a Standard Discrete and Repetitive Assembly accounting class with the same category. See: WIP Accounting Classes.

arrow icon   To define default WIP accounting classes for categories in a average costing organization:

  1. Navigate to the Default WIP Accounting Classes for Categories window. The Find Default WIP Accounting Classes for Categories window appears.

  2. Choose the New button. The Default WIP Accounting Classes for Categories window appears.

  3. Select a Cost Group.

    If the Project Cost Collection Enabled parameter in the Organization Parameters window is set, then the cost group specified in the Project Manufacturing parameters window is defaulted but can be overridden. See: Organization Parameters Window, and Assigning Project Parameters. If the Project Cost Collection Enabled parameter is not set, then you cannot select a cost group and the organization's default cost group is used.

  4. Select a Category.

    You must select a category. You can only select categories that belong to the default category set for the Product Line Functional area.

    You cannot enter a duplicate cost group/category combination.

  5. Select a Standard Discrete Accounting Class.

    You can only select an active Standard Discrete accounting class.

    See: WIP Accounting Classes.

  6. Save your work.