Understanding Work in Progress (WIP) in Microsoft Dynamics 365 Finance and Operations

Crystal Ahrens August 30, 2023 Article
WIP

In the manufacturing world, work in progress (WIP) is one of the most frequently used terms. It refers to the raw materials, unfinished products, or semi-finished goods present in the manufacturing process. These are items that have not yet been completed or sold. Dynamics 365 for Finance and Operations helps efficiently manage WIP. In this post, UG Expert Crystal Ahrens does a deep dive into how Dynamics 365 for Finance and Operations defines WIP and why it is essential for businesses to understand and track it.

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