Raise a WIP journal

Managers Partners  Billers

A journal can be raised to adjust a value in the WIP, for example, the WIP balance needs to be increased or decreased as a single entry or creating a balancing WIP amount for a new client.

FIELD	DESCRIPTION
Date	Enter the date for the WIP Journal or alternatively click the Calendar icon and select the date.
Ref	The reference number for the journal. This is a mandatory field.
Service	Select a service from the drop-down list for the journal.
Type	Select the WIP type (Time/Disbursement) from the drop-down list.
Job	If jobs are used against the service select the appropriate job from the drop-down list.
Current WIP	Displays the current WIP balance for the selected client.
Current WIP	Displays the current WIP balance for the selected client.
Adjustment	Enter the amount for the journal. A positive figure will adjust the WIP up while a negative figure will adjust the WIP down. This is a mandatory field.
Adjusted WIP	Displays the amount of WIP that will be available on the client, after the journal has been applied.
Narrative	Enter any narrative required. This is a mandatory field.

When the correct details have been entered, click OK to confirm the Journal. A message will appear that the Journal has been added successfully.