Cost Taken Up on Invoices for WIP Balance Control

Created by Paul Rainbow, Modified on Tue, 4 Mar at 9:10 PM by Paul Rainbow

Getting a figure of Work in Progress (Costs remaining to be invoiced) is important to find out for most customers, it is one of the important factors.

For customers who only have one invoice on completion of the job this is not important. As WIP can be calculated by looking at the Costs on the Work in Progress Jobs.

But for jobs which have multiple claims, we should take up the "Costs to Date" on each invoice which is generated writing off the Costs at that time.

So we will need a field on the Invoice Form for "Costs Taken up$" which will default to the current WIP Balance on the Job (Actual Costs - Prior Costs Taken Up)

This field should be on input and allow you to adjust the amount you want to take up.

Then when running a WIP Report, we can remove the "Cost Taken Up" on Invoices from the Total WIP Balance.

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Internal Reference:

https://odooappsbyinteracct.freshdesk.com/a/tickets/700215