Use this activity to release cost that is in work in progress (WIP) account to its final account. This could be useful if for example, the cost of the work no longer can be expected to bring revenue when finished. In such event, the cost should be released from the WIP account and directly be taken as a cost.
When releasing the cost from the WIP account, the work task transaction is reposted to the final account. In order for the postings to be updated in finance, the work task transaction has to be transferred to finance.
This action can be done from these pages Work Task Transactions, Work Task Cost, Work Task Posting Analysis, Work Tasks.
Open to Work Task Transaction/Accountings tab to see the postings.