Work in progress and others

I run a manufacturing company and will like to know how to handle these things.

  1. Accounting process for work in progress from raw material store to production and finally to finished goods store.

  2. Accounting process for depreciation.

  3. Accounting process tor taxation

  4. Accounting process for cost in goods sold.


Begin by reading the Guides on the web site. I suggest creating a test company to practice the various procedures. Then, if you have specific questions, post them on the forum. These questions are quite broad.