Wip Transfer. Work in process wip inventory consists of raw material direct labor and overhead costs. If the end user has a filter set of only a few transactions the unsuccessful transfer is evident immediately upon returning to the create wip adjustment page because the transaction does not disappear from this view and move to the approve wip adjustment page.
Wip is turned off and doesnt help to protect or audit your data. Create two gl accounts a pl account and a balance sheet account. Company 2 has a cos purchase matched initially by closing wip so no gross profit or loss.
Wifi file transfer lets you upload and download files tofrom your phone or tablet over a wireless connection.
Select the wip items you want to transfer. Company 1 is selling the wip it will appear in its pl as turnover with the wip as a cost of sale no closing wip giving nil gross profit assuming that the wip is being transferred at its carrying value. Easy to use web interface no usb cable needed. Company 2 owes company 1 the value of the wip.