WIP vs. A/R

The following table illustrates the dynamics of Time. The first column shows common actions in the program. The second column shows the effect the action has on work in process. The third and final column shows the effect the action has on accounts receivable.

Print this topic as a guide to the information that appears on various reports. For example, actions with N/A in the WIP column do not appear on WIP reports.

Action WIP A/R
Time Entry Increases N/A
Expense Entry Increases N/A
Interim Invoice From WIP Decreases Increases
Final Invoice From WIP Decreases Increases
Pure write-off Invoice Decreases N/A
Miscellaneous Invoice N/A Increases
Cash Receipt N/A Decreases
Credit Note N/A Decreases
Interest Invoice N/A Increases