To activate Job Costing which options require to be activated
A) Maintain Cost Centre
B) Use Cost Centre for Job Costing
C) Both A and B
D) None of these
Answer : C
Description :
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.
Enable job costing
1. Go to Gateway of Tally > F11: Company Features ( F1: Accounting features ).
2. Set the option ‘Maintain cost centres?’ to Yes .
3. ‘Use cost centre for job costing?’ to Yes
4. Press Crl+A to save.
Related Questions - 1
In general the financial year from shall be from
A) 1st April of any year
B) 31st March of any year
C) All of them are true
D) None of these
Related Questions - 2
To hide the name of the Company you need to define
A) Security Control
B) Tally Audit
C) Create at least one User
D) Tally Vault Password
Related Questions - 3
Collection of ledgers of same nature is called
A) Vouchers
B) Asset
C) Group
D) None of these
Related Questions - 4
Where do we record purchase return, sales return, depreciation, bad debts etc.in Tally
A) Journal
B) Payment
C) Contra
D) Receipt
Related Questions - 5
Which menu appears after starting Tally for the first time
A) Gateway of Tally
B) Company Info
C) Display
D) None of these