The fourth step in the period closing is determining the work in progress value. Use the 'Order List Financial' to report production orders financially ready that no longer belong in work in progress. After determining the WIP value, make the transaction entry.

To be able to create financial reconciliations with subledgers, not only the financial setup of MKG is important, but also the correct reports to verify these reconciliations. This article shows the relationship between the reconciliations and the reports and dashboards.

The standard 'Order List Financial (WIP)' dashboard provides financial insight into work in progress for sales orders. It is used to analyze the relationship between order value, invoicing, revenue, and work in progress, and to monitor the financial progress of orders and production.