Tag Archives: WIP posting

How to do Period End procedure in Sage X3

Fiscal Period is the period of time reflected in financial statements. Usually, the fiscal period is either the calendar year or a quarter. Fiscal period is also known as an accounting period. The fiscal year is the consecutive 12-month period during which a business or organization plans its budget. It does not have to be… Read More »

WIP posting for Sub-contracting orders in Sage X3

In Sage X3, WIP posting is an important stage which allows one to generate Journal Entries for subcontracting processes. Subcontracting refers to the process of entering a contractual agreement with an outside person or company to perform a certain amount of work. It is a process, wherein any manufacturing organizations either provides full or partial component… Read More »