ERP company | solution providers | software in Pune, Mumbai

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Tally.ERP 9

• ERP Solution for
• Project/ Order Based Manufacturing

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Challenges faced by Project Companies

• Organizations who are into Project handling or
  undertake Turnkey projects face multiple
  challenges in having project-wise analysis
• It is a tough task to derive the exact costing of
  the project as there are direct indirect costs
  are involved
• Segregating the inventory cost for every project
  or every stage of the project is challenging
  because most of the times purchases are done in
  bulk quantities and for multiple projects at the
  same time.

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Concept of Project Costing

• There will be a unique Project Name or Project
  Code created
• There can be different stages under a Project
• Various Types of Transactions are to be tracked
  against the Project/ Stages of the Project.
• Finally the Project Costing is calculated based
  on the transactions those are tracked against
  the Project

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Tracking of Transactions

• Similarly All Types of Transactions can be
  tracked against the Project / Work Order such
  as
• Purchase Orders
• GRNs
• Material Issues
• Material Transfer
• Material Consumption
• Payments ( whichever applicable )

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Transaction Listing for a Project
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Project (Order) Costing Contents

• Material Cost Costs of all materials consumed is
  taken into consideration as Material Cost.
  Material Cost also consists of Costs of the
  Bought-out Items which may not be used in
  Production Activity
• Production Cost The expenses incurred in the
  Production Activities are considered in Project
  Costing as Production Cost. This may include
  the cost of Consumables, Labor, Power etc. which
  are linked to the Production Activities

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Project (Order) Costing Contents

1. Direct Cost The Direct Expenses such as
   Transportation Charges, Custom Duty, Freight
   Charges, Insurance, Octroi etc. can be separately
   shown as Direct Cost in the Project Costing
   report.
2. Indirect Cost The indirect Costs incurred for
   the project also can be tracked. These can be
   such as Project Allowances, Site Expenses,
   Consultancy Charges etc.
3. Service Cost Some type of Service Costs can the
   part of a Project. This can be Outsourcing
   Charges, Subcontractors Service Bills etc.

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Project Costing Report
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Further Customization

• In case any additional parameters to be
  considered in Project Costing report, we can
  further make the changes make it suitable to
  the industries according to their requirements

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Features of Project Costing Module

• Module developed for deriving the Project Costing
  for one or multiple projects
• Capable of deriving the run-time costing for the
  on-going projects
• Costing includes Direct costs, Indirect Costs,
  Material Costs, Production/ Manufacturing Cost
  (if applicable), Bought-out Items cost etc.

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Features of Project Costing Module

• Project Costing for any period or as on today
  basis
• Facility to audit the transactions which are
  unallocated at the time of Data-entry
• Project-Stage-wise Costing profitability
• Project budgeting Variance Analysis

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Verticals which can use Project Costing Module

• Order Based Manufacturing Industries
• Turnkey Project Industries
• Builders
• Infrastructure Construction Companies
• Service Industries

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Our Contact DetailsPrism IT Solutions Pvt.
Ltd(FIVE STAR CERTIFIED TALLY PARTNER SALES
SOLUTIONS)
Pune314-A, Bharat Bhavan, 1360, Shukrawar Peth,
Off Bajirao Road, Pune (India) - 411002Tel 91
(20) 6724 6724
Mumbai28, The Platinum, Pant Nagar, Near
Ghatkopar Railway Station, Ghatkopar East, Mumbai
400 077 Tel [phone]
Email enquiry_at_prismitindia.com
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