In the Excel,or spreadsheet,approach to recording financial transactions,work in process that has been completed is recorded as a decrease in the Work in Process column and as an increase in the Cost of Goods Sold column.

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In the Excel or spreadsheet approach to recording financial transactions, work in process that has been completed is typically recorded as a decrease in the Work in Process column and as an increase in the Finished Goods inventory column, not directly into the Cost of Goods Sold column. Cost of Goods Sold is increased when the finished goods are actually sold.

In the Excel,or Spreadsheet,approach to Recording Financial Transactions,work in Process