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Work in process (WIP) - There needs to be a WIP account for every COGS account so that e-manage can automate the WIP for you.

e-manage|ONE has a feature that automates the movement of account postings from WIP to COGS (Cost of Goods Sold) so manual journal entries are no longer required! This accounting practice is used when you want to recognize your costs at the same time as your revenue for the most accurate profit reports.

WIP - Furniture
WIP - Labor
WIP - Freight
WIP - Misc Job Expense

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