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Job Costing

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 like material, labour, and overhead for a specific job 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 a job name.

Uses of Job Costing

To determine the actual cost for each job, location-wise

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

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Features of Job Costing

Enabling Job Costing

Creating Masters for Job Costing

Job Costing Transactions

Job Costing Reports