Construction
Material Issued from Store to Site (WIP)
Moving materials from the central warehouse to a specific project site.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Work-in-Progress (WIP — Project A) | Asset (+) | 45,000.00 | - |
| Material Inventory (Store) | Asset (-) | - | 45,000.00 |
💡 Accountant's Note
When materials leave the central store for a specific job, the cost transfers from general inventory to the project's WIP. This is essential for accurate job costing.
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