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23 January 2014 In ERP software, how do we increase the WIP by direct labour, direct expenses and other indirect expenses to arrive at cost of production

23 January 2014 Hi

You can do so thru JE.

Thx

23 January 2014 No Journal entry mean as under

WIP account Dr
To Manufacturing expenses
(Here manufacturing expenses
shall include labour, expenses
and other manufacturing expenses)

How do we knock up this account
viz. Manufacturing expenses




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