Work order Closing Variance
As per our business requirement we decided to use CIP for any non stock item purchase to EAM work order if it is tagged with project and task. WIP class should get defaulted based on the Project and Task entered in work order
Now the question is non stock item purchase completed and cost got interfaced to work order and transferred to projects and CIP account has been picked as charge account as expected. They will capitalize the cost if needed.
But after closing we will have variance created correct. If the variance is created for same debit and create of the expense account from EAM WIP class. it is well known we have know issues
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