Sage X3 – Tips, Tricks and Components
In Sage X3, the Work in Progress (WIP) valuation feature is designed to provide insight into the value of products that are in the production process but not yet completed. This value includes the cost of raw materials consumed, the labor time entered, and any stock receipts related to the ongoing production. The WIP valuation… Read More »
Fiscal Period is the period of time reflected in financial statements. Usually, the fiscal period is either the calendar year or a quarter. Fiscal period is also known as an accounting period. The fiscal year is the consecutive 12-month period during which a business or organization plans its budget. It does not have to be… Read More »
Have you ever come across in circumstances where you want to know the value of the work in progress product? Sage X3 provides a special feature to know the value of the work in progress product Work in progress valuation corresponds to the value of the products in production for which the raw material has… Read More »