Job Costing in Tally Prime

                                                     Job Costing

Job costing is a form of specific order costing, applied to

 work done according to customer requirements and

 specifications. Tally Prime enables tracking of cost and

 revenue information like material, labor and overhead for a

 specific job down to the smallest detail. With a view to

 ascertaining the actual costs incurred for each job, each job is

 assigned a job number or job name.

 

Taking Up Building Construction Project by Contractor

Create a Company

 👇

Job Costing

 

F11 Feature

 👇

Enable Bill Wise entry   -Yes

Enable Cost Centre            -    Yes

Enable Job Costing          -      Yes

 

Ledger

 

Purchase	Purchase A/C
Sale	Sale A/C
Aditya Group	Sundry Cr
Kamal	Sundry Dr
Transport of Building Charges	Direct Exp
Wages of Building Charges	Direct Exp

 

Create Cost Centre

 

Building Construction Project

Use for Job Costing

 

Create - Cost Centre - Building Construction Project

Use for Job costing- “Yes”

Press F12

Set Job Costing for Cost Centre - Yes

 

Location (Godown)

 

Location (Store Row Material)

Dharavi (Mumbai)

 

Create - Location–Dharavi (Mumbai)

Press F12

Allow Storage in Materials   - Yes

Set Job Costing Details  - Yes

Set Job /Project for Job Costing- Building Construction Project

 

Stock Group

Row Material

Unit

Nos, Bag, Truck, Kgs

 

Stock Item

 

Row Material

 

Row Material	Price	Qty.	Total Price
Bricks	10 Rs/per	50000 Nos	500000/-
Cement	350 Rs/per	1000 Bag	350000/-
Clay	25000 Rs/per	10 Truck	250000/-
Concrete	35000 Rs/per	10 Truck	350000/-
Metal	35 Rs/per	5000 Kg	1750000/-
Sand	25000 Rs/per	10 Truck	250000/-

 

Direct Expenses

 

Transport of Building Charges	50000/
Wages of Building Charges	100000/

 

 

Voucher Type

Voucher Type

 

Stock Journal	Transfer
	Consumption

 

Gateway of tally

👇

Alter

👇

Stock Journal

👇

Name of Class

👇

Transfer

Consumption

👇

Class: Transfer

👇

Use Class for Inter Location Transfer     - Yes

Use Class for job costing Consumption   -Yes

 

 

Voucher

Purchase Row Material

 

F9 Purchase Voucher

 

Goods Purchase from Aditya Group in Main Location

Name of Items	Qty.	Price	Total Price
Bricks	50000 Nos.	10 Rs/per	500000/-
Cement	1000 Bag	350 Rs/per	350000/-
Clay	10 Truck	25000 Rs/per	250000/-
Concrete	10 Truck	35000 Rs/per	350000/-
Metal	5000 Kgs	35 Rs/per	1750000/-
Sand	10 Truck	25000 Rs/per	250000/-

 

 

Press Alt + F7 (Stock Journal)

Class- Transfer

 

Stock Transfer

 

Voucher Class- Transfer

 

Destination Location – Mumbai Dharavi

 

Name of Items	Location	Qty.	Price	Total Price
Bricks	Main Location	50000 Nos.	10 Rs/per	500000/-
Cement	Main Location	1000 Bag	350 Rs/per	350000/-
Clay	Main Location	10 Truck	25000 Rs/per	250000/-
Concrete	Main Location	10 Truck	35000 Rs/per	350000/-
Metal	Main Location	5000 Kgs	35 Rs/per	1750000/-
Sand	Main Location	10 Truck	25000 Rs/per	250000/-

 

F5 Payment Voucher

 

Cash

_________

Transport of Building Charges              50000

Wages of Building Charges                  100000

Name of Cost Centre

Building Construction Project

 

Display Job Work Analysis

 

Display More Report

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Statement of Inventory

👇

Job work Analysis

👇

Press Alt + F1

 

F8 Sale Voucher

Press Ctrl + H

As Voucher

Dr    Kamal                                      2500000

Cr     Sale                                       2500000

Name of the Cost Centre

Building Construction Project

 

Again, Display Job Work Analysis

 

Display More Report

👇 

Statement of Inventory

👇  

Job work Analysis

 👇 

Press Alt + F1