Practical Example with Company Setup @ Job Costing in TallyERP9 : LAB Practice

Let us consider Swayam Computer Zone to understand the Job Costing feature of Tally.ERP 9. Swayam Computer Zone  supplies  computers  configured  as  per  customer  requirements  and upgrades old computers.

Company Setup

 

Create a company called Swayam Computer Zone as shown below :

The completed Company Creation screen appears as shown below:
  • Press Y or Enter to accept the company creation screen.

Swayam Computer Zone  received  two  orders  from  EssBee Solutions  to  upgrade  existing systems and deliver new systems.

 

The order details are given in the table.

 

S.No

Order Description

Terms of Contract

Amount

1.

Servicing and Upgrading of existing machines.

Lump  sum  contract,  inclusive  of replacement of parts

3,75,000

2.

Installing  new  systems  as per specifications

Rate contract based on requirement of systems

20,000

 

Other Details

 

  • The company has given the servicing and upgrading job collectively to Raj and Archana. The Service Charges amounts to Rs. 62,500 and Travel Expenses for visits made onsite are Rs. 25,000
  • The company has given the job of installing new systems job to Rajesh
  • Service Charge Rs. 62,500 and Travel Expenses for visits made onsite-Rs. 25,000
    • The company has a stores godown and regularly purchases items from Reliable Computers.
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Company Information @ Tally.ERP9
 
 
 
Group & Ledger
Introduction
1. THE GROUP
2. THE LEDGER
3. VOUCHERS TYPES
Advanced Inventory / Stock
Meaning
Order Processing
Re-Order Levels
Tracking Numbers
Batch-wise Details
Additional Cost Details
Bill of Materials (BOM)
Price Lists and Price Levels
Stock Valuation
Zero Valued Entries
Inventory Ageing Report
Actual and Billed Quantities
 
Advanced Usage of Vouchers
Maintain Bill-wise Details
Cost Center and Cost Category
Interest Calculation
Reversing Journals
Post-Dated Voucher
Memo (Memorandum) Voucher
Optional Voucher
Using Tracking Number
Knowledge Base @ Tally.ERP9
Stock Items
Stock Groups
Inventory Masters
Inventory Vouchers
Inventory Report Statements
Balance Sheet
Accounting Reports
Accounting Vouchers
Interest Calculation
VAT-Value Added Tax
Service Tax
TDS (Tax Deducted at Source)
 
 
 
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The names of Companies and persons used in this Website have been used for illustrative purposes only.
The visitors may visit www.tallysolutions.com , the web site of Tally Solutions Pvt. Ltd. for resolving their doubts or for clarifications

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SWAYAM EDUCATION
Mandal Bagicha, Hemkapada,
Sunhat, Balasore-756002 ( Odisha )-India
eMail ID : tallyerp9bookorder@gmail.com
Web : www.tallyerp9book.com
Mob : 09437264738
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