Reconciling beginning balances for unbilled WIP

To reconcile beginning balances for unbilled WIP

1. From the > Setup menu, click Company > Beginning Balances > Unbilled Work-in-progress.

2. Click (Reports), and click Beginning Balance Unbilled Work-in-progress.
3. Verify that these amounts are equal:

• The total of labor on the Beginning Balance Unbilled Work-in-progress report
• The Work-in-progress - Labor amount on your reconciled Beginning Balance - Trial Balance report

4. Verify that these amounts are equal:

• The total of expense on the Beginning Balance Unbilled Work-in-progress report
• The Work-in-progress - Expense amount on your reconciled Beginning Balance - Trial Balance report

5. Verify that these amounts are equal:

• The total of consultant amounts on the Beginning Balance Unbilled Work-in-progress report
• The Work-in-progress - Consultant amount on your reconciled Beginning Balance - Trial Balance report