"Lab Practice" on 'Job Costing' @ Tally.ERP 9

In Tally.ERP 9, stock journals are used for the following purposes:

To record the stages in the manufacturing process.
To record the transfer of materials between godowns.
To record the consumption of materials for Job Costing.

Create one new Voucher Type and two Voucher Classes to deal with the scenarios in a manufac- turing as well as non-manufacturing environment.

8- Creating Receipt Note

On 1-4-2016, Swayam Computer Zone, placed an order with NeXT Computers for the following items :

Name of Item	Quantity	Rate per Unit	Value
Mother Boards	12	3,000	36,000
Hard Disk	12	4,500	54,000
Mointors	22	7,500	1,65,000
CPU	22	2,750	60,500
Keyboard	27	725	19,575
Mouse	27	250	6,750

9- Creating Purchase Invoice

On 2-4-2016, received a purchase bill from NeXT Computers for the supply booked.

10- Creating Transfer Journal

Swayam Computer Zone has employed Raj and Archana. The following components have been issued to them on 4-4-2016 for the upgrading job.

Details of Stock issued to Raj :

Name of Item	Godown	Quantity	Rate	Value
Mother Boards	Stores	6	3,000	18,000
Hard Disk	Stores	6	4,500	27,000

Details of Stock issued to Archana :

Name of Item	Godown	Quantity	Rate	Value
Mother Boards	Stores	6	3,000	18,000
Hard Disk	Stores	6	4,500	27,000

11- Creating Consumption Journal

On 5-4-2016, Raj and Archana found that 8 Systems needed a replacement of Mother Boards and Hard Disk. The respective consumption has to be recorded as a job cost.

Name of the Item	Godown	Quantity	Rate	Value
Mother Boards	Raj	4	3,000	12,000
Mother Boards	Archana	4	3,000	12,000
Hard Disk	Raj	4	1,000	4,000
Hard Disk	Archana	4	1,000	4,000

12- Creating Payment Voucher

On 6-4-2016, Swayam Computer Zone made a cash payment of Rs. 31,250 as Service Charges and Rs. 20,000 as Travel Expenses, collectively to Raj and Archana. The costs were assigned to Upgrading Job.

13- Creating Sales Invoice

On 6-4-2016, Raj and Archana successfully completed the upgrading job at EssBee Solutions. Swayam Computer Zone raised an invoice on 6-4-2016 for the upgrading job.

14- Creating Stock Journal for Returns of Materials

On 6-4-2016, Raj and Archana return the remaining components to the stores having completed the job.

Name of the Item	Godown	Quantity	Rate	Amount
Mother Boards	Raj	2	3,000	6,000
Hard Disk	Raj	2	4,500	9,000
Mother Boards	Archana	2	3,000	6,000
Hard Disk	Archana	2	4,500	9,000

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"Lab Practice" on 'Job Costing' @ Tally.ERP 9

Practical Example with Company Setup : Job Costing

1- Enabling Job Costing

2- Creating Jobs as Job Cost Centers

3- Creating Ledgers for Job Costing

4- Creating Godowns dedicated to Jobs

5- Creating Units of Measure

6- Creating Stock Item

7- Creating Voucher Type with Voucher Class

8- Creating Receipt Note

9- Creating Purchase Invoice

10- Creating Transfer Journal

11- Creating Consumption Journal

12- Creating Payment Voucher

13- Creating Sales Invoice

14- Creating Stock Journal for Returns of Materials

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17 Chapters in TallyPrime Book + 45 Practical Assignment with GST in TallyPrime & All features are described with Practical Problems with Solutions.

Get..Tally.ERP9 Book (Advanced Usage)
@ Rs. 550 !

18 Chapters in Tally.ERP9 Book + 46 Practical Assignment with GST in Tally.ERP9 & All features are described with Practical Problems with Solutions.

"Lab Practice" on 'Job Costing' @ Tally.ERP 9

Get..TallyPrime Book (Advanced Usage) @ Rs. 600 !

17 Chapters in TallyPrime Book + 45 Practical Assignment with GST in TallyPrime & All features are described with Practical Problems with Solutions.

Get..Tally.ERP9 Book (Advanced Usage) @ Rs. 550 !

18 Chapters in Tally.ERP9 Book + 46 Practical Assignment with GST in Tally.ERP9 & All features are described with Practical Problems with Solutions.

Get..TallyPrime Book (Advanced Usage)
@ Rs. 600 !

Get..Tally.ERP9 Book (Advanced Usage)
@ Rs. 550 !