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Parts Work in Process (WIP) Value Report

Active/Open Value of Billed Parts

The Parts WIP Value report provides a detailed summary of the value of parts billed on active or open Parts Invoices or Repair Orders. This report is essential for Parts Managers and Fixed Ops Directors, especially during physical inventory, as it helps align accounting values with those of the Parts Department.

Recommended Frequency: Weekly and Monthly 

  • Parts Physical Inventory: This is a vital report when performing a Physical Inventory. Using the Parts Cost from the report will allow the values from Accounting and the Parts Department to become more balanced together.