Post a work in progress (WIP) schedule

All projects in the WIP schedule must be marked Finalized before you can post it. When you post a WIP schedule, the overbilling and underbilling amounts are posted to the accounts specified in Configure Projects.

Post the schedule

1. Go to Projects > All > WIP schedules.
2. Select the schedule.
3. Select Edit.
   Go to the Posting preview tab to review the overbilling and underbilling amounts and how the update will impact General Ledger. Read detailed information about the fields on the Posting preview tab.
4. Select Post.

   The information in the schedule is validated and any errors are shown.

   If the Post button is not active, check that the following requirements are met:

   • All projects in the WIP schedule are finalized (Yes is entered in the Finalized column.).
   • You are signed in as a business user with the required permissions.
5. In the Post to GL window, edit any of the fields as needed.
6. Select Submit.

How project settings affect posting

The following table lists the WIP schedule-related fields in Configure Projects. Refer to the field descriptions to understand how the settings affect posting.

WIP management section in Configure Projects field descriptions

Field	Description
Include projects that have no job to date costs or billings	If this option is selected (which it is by default), WIP schedules include all projects that are set up to be included, even if they have no job to date costs or billings. If you clear this option, WIP schedules exclude projects that have no job to date costs or billings.
When to auto-reverse WIP posting	Specify when to automatically reverse overbilling or underbilling posts.
Cost accounts	Select the cost accounts to use for totaling the job costs to date used in your WIP schedules.
Revenue accounts	Select the revenue accounts to use for totaling the billed to date amounts used in your WIP schedules.
Costs in excess of billings (underbilling) account	Select the account to use when posting underbilling amounts.
Offset account for costs in excess of billings	Select the account to use when posting adjustments for underbilling amounts. This can be the same as the offset account for overbilling.
Billings in excess of costs (overbilling) account	Select the account to use when posting overbilling amounts.
Offset account for billings in excess of costs	Select the account to use when posting adjustments for overbilling amounts. This can be the same as the offset account for underbilling.
Posting journal	Select the journal to use when posting WIP schedules.