Monthly Archives: February 2013

Job Costing in Tally.ERP 9

Job Costing is a form of specific order costing which applies to a job undertaken according to customer specifications. It applies to industries which produce definite products against individual orders.

Cost Centre in Tally.ERP 9

Tally.ERP 9 allows the comparison of Cost Centres to arrive at true performance. Cost Categories—a cluster of related Cost Centres—allows parallel allocation of the same transaction in multiple dimensions.

Budgets in Tally.ERP 9

A budget is a plan prepared for the flow of funds in an organisation. It contains financial guidelines for the future plan of action for a selected period of time. A budget helps to refine goals and use funds efficiently