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Creating Ledgers for Job Costing in TallyERP9

Create the following ledger,

 

Name

Under

Inventory values are affected

Cost Centres are applicable

Purchase

Purchase Accounts

Yes

Yes

 

 

The completed ledger creation screen appears as shown below:

Fig-4
  • Press Y or Enter to accept the screen. Similarly, create the following ledgers:

 

Name

Under

Maintain balances bill-by-bill

Inventory values are affected

Cost Centres are applicable

Sales

Sales Accounts

Yes

Yes

Service Charges

Direct Expenses

No

Yes

Travel Expenses

Indirect Expenses

No

Yes

NeXT  Computers

Sundry Creditors

Yes

No

No

 

Notes : Create a Capital Account under the Capital Account group and enter Rs.10,00,000 as the Opening Balance for the Capital and alter the Cash account to a opening balance of Rs. 10,00,000.
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