About Service Order Accounting
By service order operation, you can change the way that costing and revenue are handled from an accounting perspective.
Accumulate WIP
The Accumulate WIP check box determines how and when expenses are posted to cost of goods sold (COGS). If the check box is selected, the cost from the SRO is put into WIP then moved to COGS when the service order is invoiced. If the check box is cleared, transactions are posted to the cost of goods (COGS) account.
Use the check box on these forms:
- Service Parameters
- Service Orders
- Service Order Templates
- Service Order Lines
- Service Order Types
CGS/Revenue Location
The CGS/Revenue Location check box determines whether the system uses account numbers from the product code on the service order operation or from the individual item, work code, and miscellaneous transactions that are posted to the Service Order.
Use the check box on these forms:
- Service Order Labor Accounts
- Miscellaneous Codes
Service Order Material Transactions
Service Order Labor Transactions
Service Order Miscellaneous Transactions
Service Order Warehouse Acquisition
