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Valuation of Work in Process

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m1court View Drop Down

Joined: 05 Feb 2013
Location: Singapore
Points: 46
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    Posted: 07 Feb 2013 at 9:41pm
At the end of every fiscal year, we need a valuation of inventory that is still in production (Work in Process) to account for it as such in our financial records. Is it possible to get a valuation related to work orders (WO's) that are still in production? If so, what reports will give me the value of this WIP inventory?
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