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The Work in Process Report lists unit-to-date, cost-to-date, and work-in-process (unbilled cost) information detailed by cost code and cost type for each job. This report can be used to analyze the cost-to-date and unit-to-date information in detail and to obtain the current work-in-process totals by job.
Revised estimate and job-to-date units and costs are itemized for each cost code and cost type. Additional information provided includes the job-to-date cost as a percentage of estimate, the reported or calculated percentage completed, and the projected cost at completion as a percentage of the job estimate.
The OUTSTANDING WORK IN PROC column on the report reflects the total unbilled costs posted to the Work-in-Process account for each cost code and cost type, including future period postings.
Note If the Post to GL for Work in Process check box is not selected in the Job Cost Options window, the column title changes to UNBILLED COST.
This report can be produced with full cost code and cost type detail or summarized by cost code, phase, or job.
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