Track Costs While Purchasing Materials for Job Work in TallyPrime
Purchasing raw materials for job work and buying products contribute to the overall cost of the job. In TallyPrime, you can track the purchase cost incurred for the job work.
Ensure that:
- In F11 (Company Features), you have set Enable Job Costing and Enable Cost Tracking to Yes.
- You have enabled cost allocation for stock items in the ledger.
In the Accounting Ledger Creation/Alteration screen, set Allow cost allocation (stock item) as Yes.
This option appears when Apply Cost Tracking of Stock Items for Ledgers is enabled under F12 (Configure). - You have created Cost Centres.
- You have created ledgers, as applicable.
- Press Alt+G (Go To) > Create Voucher and press F9 (Purchase).
- Press Ctrl+H (Change Mode) and select As Voucher.
Note: If you are purchasing for a single project, continue in Item Invoice mode and specify the Project Name under Cost Centre/Classes. - Cr: Credit the Party Ledger and enter the Amount.
- Dr: Debit the Purchase ledger and enter the Amount.
- In the Inventory Allocations screen, select the Stock Item and enter the Quantity and Rate.
- In the Cost Allocations screen, select the Cost Centre.
If the purchased stock items are meant for multiple projects, you can allocate them to different Cost Centres. This ensures that each project is assigned only its share of the purchase cost. The Cost Centre details are added to the Inventory Allocations screen.
- Press Ctrl+A to save the Inventory Allocations screen for the purchase voucher.
- Press Ctrl+A to save the voucher.
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