Print MO WIP Variance Analysis Report
Use the Print MO WIP Variance Analysis Report screen to print or preview the manufacturing order (MO) WIP variance detailed report before actually running the process that creates journal entries (using the Create MO WIP Variance Journal Entry screen).
The detailed report breaks down the variances for the following cost element:
- Materials Usage Variance
- Materials Overhead Cost Variance
- Subcontract Cost Variance
- Subcontract Overhead Cost Variance
- Labor Cost Variance
- Labor Overhead Cost Variance
- Misc 1 Cost Variance
- Misc 1 Overhead Cost Variance
- Misc 2 Cost Variance
- Misc 2 Overhead Cost Variance
- Labor Efficiency Variance
- Labor Efficiency Overhead Variance
The reports generated on this screen are the MO WIP Variance Detailed report and the MO WIP Variance Summary report. The MO WIP Variance Detailed report includes variances for Project WIP (if screen option is selected), regardless of the post project WIP variance value for the inventory abbreviation. However, journal entries for project WIP variance is created on the Create Purchase Price Variance Journal Entry (INPPPV) screen only if the option to post project WIP variance is selected for the inventory abbreviation. The MO WIP Variance Summary report is similar to the first report except that it shows the summary by project with combined MO totals.
If a particular variance account/organization has not been set up or is inactive, or period of performance fiscal year/period (FY/PD) start/end is not within selected FY/PD, the amounts are included in the report with a note that indicates this condition.