Mar 3, 2022

Job Costing In Tally Prime | Manage Cost Center In Tally Step By Step Guide

Cost Center & Job Costing In Tally Entry

A cost center is nothing but a separate department within a business to which costs can be allocated. This also includes departments which do not produce directly but incur costs to the business. For example, the manager and employees of the cost center are not accountable for the profitability and investment decisions of the business but they are responsible for some of its costs.

In this post you will learn about how to enable job costing in tally prime.

Step 1 Enable Cost Centers & Job Costing Press F11 Key 

After Create Company You Have To Enable Cost Center In Your Company In Which Created In Tally Prime. Press F11 Key For Enable Cost Center & Job Costing.



Step 2 Ledgers Creation 


2.2 Sundry Debtor Ledger Creation Shubham Joshi Pvt Ltd 

Gateway Of Tally >> Create >> Ledger

2.3 Sundry Creditor Ledger Creation Rakesh Traders  

Gateway Of Tally >> Create >> Ledger


2.4 Purchase A/c Ledger Creation 

Gateway Of Tally >> Create >> Ledger


2.5 Selse A/c Ledger Creation 

Gateway Of Tally >> Create >> Ledger

2.6 Indirect Expense Ledger Creation Transport Charges 

Gateway Of Tally >> Create >> Ledger
 

2.7 Indirect Expense Ledger Creation Wages 

Gateway Of Tally >> Create >> Ledger

2.7 Bank Account Creation Bank Of Badoda With 10000000 Cash 

Gateway Of Tally >> Create >> Ledger

Step 3 Cost Center Creation 

Gateway Of Tally >> Create >> Cost Center 

Step 3.1 Cost Center Creation Cost Center

Note : Use for job costing yes 

Step 4 Location / Dodown  Creation 

Gateway Of Tally >> Create >>Location 

Step 4.1 Location :  Santosh Nagar

Set  job / project for job costing  : Delhi Construction Project


Step 5 Unit Creation  Bags

Gateway Of Tally >> Create >>Unit 

Step 6 Unit Creation  Truck

Gateway Of Tally >> Create >>Unit 

Step 7 Unit Creation  Nos 

Gateway Of Tally >> Create >>Unit 

Step 8 Alter Stock Journal Voucher 

Gateway Of Tally >> Alter

Step 8.1  Select Voucher Type 

Gateway Of Tally >> Alter >>Voucher Type 

Step 8.2 Select Stock Journal 

Gateway Of Tally >> Alter >>Voucher Type >> Stock Journal  

Step 8.3 Add Two Class (Purchase / Transfer )

Gateway Of Tally >> Alter >>Voucher Type >> Stock Journal  

Step 8.4 Add Class (Transfer)

Gateway Of Tally >> Alter >>Voucher Type >> Stock Journal

Step 8.5 Add Class (Consuption)

Gateway Of Tally >> Alter >>Voucher Type >> Stock Journal

Set Like This 

Step 9.1 Stock Item Creation Bricks

Gateway Of Tally >> Create >>Stock Item

Step 9.2 Stock Item Creation Cement

Gateway Of Tally >> Create >>Stock Item

Step 9.3 Stock Item Creation Concrete

Gateway Of Tally >> Create >>Stock Item

Step 9.4 Stock Item Creation Sand

Gateway Of Tally >> Create >>Stock Item

Step 10 Pass Purchase Voucher 

Gateway Of Tally >> Voucher >>Purchase 
Here This Item Purchased On Main Location

Step 11 Select Stock Journal & Transfer Purchased Items 

Gateway Of Tally >> Voucher >>Stock Journal >> Transfer 


Transfer These Items On Jon Costing Location 


Preview 

Step 12 Now See Stock Item Which Transferred On Job Coting Location 

Gateway Of Tally >> Display More Report 

Gateway Of Tally >> Display More Report >> Statement Of Inventory 


Gateway Of Tally >> Display More Report >> Statement Of Inventory >> Job Work Analysis 


Select Job / Project 

Gateway Of Tally >> Display More Report >> Statement Of Inventory >> Job Work Analysis >> Delhi Construction Project

Here You Can See You Inward Item Which You Have Transferred 

Press ALT + F1 For Detailed View 


Step 13 Now Pass Stock Journal Voucher For Consumption Item

Gateway Of Tally >> Voucher 

Gateway Of Tally >> Voucher >>Stock Journal >> Consumption 



Item Consumption  Details 


Preview 


Step 14  Pass Expenses Ledger Which You Have Paid Wages 

Select Cost Center 


Step 15  Pass Expenses Ledger Which You Have Paid Transport  Charges 



Step 16 Now You Can  See Your  Consumed Stock Item & Your Expenses  

Gateway Of Tally >> Display More Report 

Gateway Of Tally >> Display More Report >> Statement Of Inventory 


Gateway Of Tally >> Display More Report >> Statement Of Inventory >> Job Work Analysis 


Select Job / Project 
Gateway Of Tally >> Display More Report >> Statement Of Inventory >> Job Work Analysis >> Delhi Construction Project

Here You Can See Your Consumed Item & Your Direct or Indirect Expenses 

Press Alt F1 For Details View 

Here You Can See Detailed View Of Your Consumption And Expenses. 

Step 17 Now Sale or Handover Your Projects / Job 

Gateway Of Tally >> Voucher >> Sales 

Step 18 Now You Can  See Your Job / Project Profits & Losses   

Gateway Of Tally >> Display More Report 

Gateway Of Tally >> Display More Report >> Statement Of Inventory 


Gateway Of Tally >> Display More Report >> Statement Of Inventory >> Job Work Analysis 


Select Job / Project 
Gateway Of Tally >> Display More Report >> Statement Of Inventory >> Job Work Analysis >> Delhi Construction Project

Here You Can See Your Project Profit & Losses 

Press Alt + F1 For More Details 




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