www.TallyERP9Help.Com
Select Your Language :

1.     Meaning - JOB Costing in Tally.ERP9

Job costing is a form of specific order costing, which applies to a job undertaken according to customer requirements and specifications. Tally.ERP 9 enables the tracking of cost and revenue information 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. Job costing systems then accumulate costs separately for each product or service, based on the jobs undertaken, for each product or service.

Some of the examples of Job Costing are Interior Decoratoration, Construction, Architecture, Printing etc.,

 

Use of Job Costing

·         To determine the true cost for each job broken down by locations

·         To determine the revenue and expenditure and therefore the profit associated with each job

·         To track overhead costs by allocating them for each job

·         To identify loss on projects at an early stage

  Features of Job Costing in Tally.ERP 9

Job costing is a form of specific order costing, which applies to a job undertaken according to customer requirements and specifications. Tally.ERP 9 enables the tracking of cost and revenue information 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. Job costing systems then accumulate costs separately for each product or service, based on the jobs undertaken, for each product or service.

Some of the examples of Job Costing are Interior Decoratoration, Construction, Architecture, Printing etc.,

Use of Job Costing

·         To determine the true cost for each job broken down by locations

·         To determine the revenue and expenditure and therefore the profit associated with each job

·         To track overhead costs by allocating them for each job

·         To identify loss on projects at an early stage

Features of Job Costing

·         It helps in accumulating Cost and Revenue for a particular Job / Project.

·         It allows tracking transfers of materials from one godown to another.

·         It allows tracking of consumption of materials at different locations.

·         It ascertains profitability i.e., Net Profit / Loss for a particular Job / Project.

·         It provides summary of inventory movements (Opening, Inwards, Outwards , Transfer, Consumption etc.)

·         Allows comparison of each element of cost, selling price and profit with other jobs in single screen

·         Allows drill down till voucher level for any kind of alteration or reference

Add
 
 
 

Tally.ERP 9 Reference Manual
www.tallyerp9help.com
Tally.ERP 9 Reference Manual LIBRARY
1.
Installation of Tally.ERP9
2.
Site Licensing of Tally.ERP9
3.
Shortcut Keys in Tally.ERP9
4.
Maintaining Company Data
5.
Creating Masters
5a. Accounts Information [Creating Masters]
5b. Inventory Information [Creating Masters]
6.
Voucher Entry
7.
Reports in Tally.ERP9
8.
Excise for Dealer
9.
Excise for Manufacturer
10.
Reports [ Excise for Manufacturer]
11.
Excise for Importer
12.
Service Tax in Tally.ERP9
13.
Tax Collected at Source (TCS) in Tally.ERP9
14.
Tax Deducted at Source (TDS) in Tally.ERP9
15.
Value Added Tax (VAT) in Tally.ERP9
16.
Central Sales Tax (CST) in Tally.ERP9
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
Tally.ERP 9 Help LIBRARY
Short Cut Keys Command in Tally.ERP9
Reorder Levels & Reorder Quantity
Price Lists in Tally.ERP 9
Point of Sale (POS) in Tally.ERP 9
Job Costing in Tally.ERP 9
Interest Calculations in Tally.ERP 9
Features (F11) of Tally.ERP 9
Configuratioin (F12) of Tally.ERP 9
Data Migration in Tally.ERP 9
Cost Categories and Cost Centers
Budgets in Tally.ERP 9
Advanced Inventory Features
Advanced Accounting Features
Self-Running Tutorial with Audio
F.A.Q. Knowledgebase in Tally.ERP 9
Sample Reports @ Tally.ERP 9
Tips on Tally.ERP 9
 
Our Portal : www.TallyERP9Book.Com www.IncomeTaxManagement.Com www.Tally9Book.com www.TallyERP9Help.Com
Disclaimer. :
Tally, Tally 9, Tally9, Tally.ERP, Tally.ERP 9, Tally.Server 9, Tally.NET & Power of Simplicity are either registered trademarks or trademarks of Tally Solutions Pvt. Ltd. in India and/or other countries. All other trademarks are properties of their respective owners.
The visitors may click here to visit the web site of Tally Solutions Pvt. Ltd. for resolving their doubts or for clarifications