Help for when your MYOB Acumatica Professional Services WIP doesn't add up.
This page is about discrepancies in project reporting between different sources of WIP , including:
- The Projects form (PM301000)
- Reports such as Project Balance and PP Aged Client Project WIP
- Generic inquiries
If you're seeing a project reporting discrepancy, there are a few things you can check.
Check unreleased project transactions
Unexpected WIP figures are often caused by unreleased transactions.
To check for WIP transactions that should have been released, review the Released Transactions screen.
Recalculate your project balance
Try recalculating your project balance to make sure that it's refreshed with all the latest data.
Check whether your reports include future-dated transactions
Some reports and screens, such as Projects (PM301000), include future-dated transactions. Others only include WIP transactions up to the aged date of the report.
If you notice a difference between WIP figures on two reports, check whether they include future-dated transactions or not, then compare the figures to the project transactions report with the same behavior:
- To analyse WIP including future-dated transactions, use the WIP Project Transactions report (MYPEG610).
- To analyse WIP excluding future-dated transactions, use the WIP Project Transactions Aged report (MYPEG600).
Check your transactions are allocated to the correct document groups
Only transaction allocated to the following document groups are included in WIP reporting:
- Unbilled Remainder
- Allocation
- Credit Memo
- Move WIP
Any transactions assigned to other documents groups will not be considered part of WIP reporting.
More help
To learn more about projects, including the project summary screen and viewing WIP, take a look at our WIP Management course on MYOB Academy.