| WIP transfer |  |
| Purpose of WIP transfers By performing WIP transfers the work in process of a production order is always recorded in the work center that is actually working on the order. This is especially useful in production situations where the WIP represents a high value or when the production lead time is long, for example the production of capital goods, trains, machines. If work centers belong to different enterprise units and have different reporting currencies, the value of WIP is also an important factor in tax reporting. You can also define invoicing relationships between enterprise units. Financial transactions The cost component of the financial transactions is specified in the WIP Transfer Cost Component field in the Production Orders (tisfc0501m000) details session. WIP transfers are based on detailed cost components of the components. WIP transfer method WIP transfers are carried out when a subassembly is moved to another work center, either: Always when a quantity is reported completed. Only when a the whole operation is reported completed. This depends on the Transfer WIP method field in the Shop Floor Control Parameters (tisfc0100s000) session. Conditions WIP transfers are only available if the following conditions are met In the Shop Floor Control Parameters (tisfc0100s000) session: The Financial Transactions by Work Center check box must be selected. The Transfer WIP method field must be other than Not Implemented. You must have specified a detailed cost component structure for the items. In the Production Orders (tisfc0501m000) session: A cost component must be entered in the WIP Transfer Cost Component field. The Financial Transactions by Work Center check box must be checked. Multi-site If the work centers belong to different enterprise units, the multi-site functionality of the Enterprise Modeling Management module can be used. This includes procedures for inter-company invoicing, document printing, and so on. Related topics Integrations of SFC with finance Multiple financial companies for Manufacturing Aggregated cost components Detailed cost component |