8 may

WIP variance account (SAP Business One)


E-invoicing in Germany: How to implement the obligation with SAP Business One

That WIP deviation account (work-in-progress inventory variance account) in SAP Business One records differences between the actual and planned inventory levels. Standard costs of items in production. It enables precise cost control and analysis.

Functions and application

  • Deviation recording: Recognises differences between standard price (defined in item master data) and actual costs (determined using methods such as FIFO or moving average).
  • UtilisationIs used in a warehouse management system with standard price.
  • BookingServes as a contra account to the goods-in-labour account (WIA account) for production orders.
  • Automated derecognition: Total deviations are calculated when closing a Production order automatically cancelled.

Account finding

  • The assignment is made via "G/L account determination" in the "Inventory" area, where the WIP variance account is defined.

 

 


 

 

Versino Financial Suite

UPDATE Versino Financial Suite

Versino Financial Suite Version 05.2026: What's Changed

Version 05.2026 of the Versino Financial Suite brings two innovations that directly target time loss and system limitations in daily...
E-Invoice-International

E-Invoicing 2026: From Receipt to Mandatory Issuance — what SMEs must clarify now

From 1 January 2025, every B2B company in Germany must be able to receive electronic invoices — regardless of turnover. One and a half years...
Service description

Service description in the e-invoice: How much detail really needs to be included?

The introduction of mandatory e-invoicing is shifting the focus away from mere PDFs towards structured data. This is particularly noticeable ...
SPAIN-Verifactu

Verifactu in Spain: the new invoicing obligation

Spanish companies are facing a turning point in their digital accounting. Royal Decree 1007/2023 and Regulation HAC/1177/2024 oblige almost all companies to ...
E-INVOICE-EU

The e-invoicing regulations in Europe

Electronic invoicing is no longer a topic for the future, but is becoming a legal requirement in many European countries. Driven by initiatives such as ...
UPDATE Versino Financial Suite

Versino Financial Suite V09.2025 for SAP Business One

Since the introduction of the Financial Cockpit at the start of 2025, it has been clear that the strategic focus of the Versino Financial Suite is shifting ...
Wird geladen …

Links