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Exercise

Cost Categories Cost Centers

Managers : HRM, DRM, ARM, SCM, PRM

Office Staff : Girija, Siva, Sirisha, Radha, Nitya

Salesmen : Ramesh, Suresh, Manjur, Prasad, Pavan

Labour : Apparao, Shivaji, Sarma, Ramu, Krishna

Telephones : 3254323, 3254333, 2528110, 2529471

Cell Phones : 9441486400, 9441664023, 9393352535, 9396296816, 9949963136

Branches : NAD, GPD, MVP, ZPH, AKP

Factory Units : Unit – 1, Unit – 2, Unit – 3, Unit – 4, Unit – 5

Rs.10,00,000/- : Cash opening balance

Rs.25,00,000/- : Bank Balance

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Transaction details:

Sl.No.

Transaction details Amount in Rs.

Unit

1. Salaries paid to Office Staff 15,000/- Each

2. Wages paid to Labours 15,000/- Equally

3. Paid salaries to Salesmen 12,000/- Each

4. Telephone charges paid through cheque 1,800/- Each

5. Cell phone charges paid 4,800/- Equally

6. Maintenance charges paid for branches 10,000/- Each

7. Factory units rent paid 12,000/- Each

8. Petrol allowances paid to salesmen 3,500/- Each

9. Travelling charges paid to office staff 1,200/- Each

10. Advances given to office staff 5,000/- Equally

11. Bonus paid to factory labours 6,000/- Equally

12. Sales through sales executives 2,00,000/- Each

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Sl.No.

Transaction details Amount in Rs.

Unit

13. General expenses paid for branches 12,000/- Equally

14. Factory units power charges paid 15,000/- Each

15. Cash purchases through Managers 5,00,000/- Equally

16. Paid gas, coal charges to factory units 5,500/- Each

17. Repair charges paid for Branches 5,000/- Each

18. Paid daily expenses to sales executives 600/- Equally

19. Service incomes from branches 6,000/- Each

20. Sales on cash through branches 70,000/- Equally

21. Electrical charges paid for branches 1,500/- Each

22. Cleaning charges paid for factory units 8,000/- Equally

23. Uniform charges given to labour 3,500/- Equally

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Go to gateway of Tally ERP. 9 > Press ALT + F3 & Create a new company

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After creating new company with

relevant details save & press escape.

Again Go to gateway of Tally ERP. 9

Select a company (the one you justcreated) & press Escape

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Again Go to gateway of Tally ERP. 9 >

Accounts info > Ledger

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Ledgers > single ledger > Create

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Create ledgers under appropriate under groups

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Got Gateway of Tally > Accounts info > Ledger > Multiple Ledgers > Display > All Items

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After creating ledgers again go to gateway of Tally

ERP. 9 > Accounts info > Cost Categories > SingleCost category > Create

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After creating cost categories > Cost centers > Create

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After creating Cost centers > Gateway of Tally >

Transactions > Accounting Vouchers + enter &create appropriate Vouchers

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Voucher F 4 = Contra – for Bank Deposits

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Voucher F 5 = Payments (Cash)

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Voucher F 5 = Payments (Bank)

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Voucher F 6 = Receipts (Cash)

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Voucher F 8 = Sales (Cash / credit)

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Voucher F 9 = Purchase (Cash / credit)

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Dear all I am a student of Tally ERP 9, and justcrossed the lessen of Creating Costcategories and cost centers.

If you found any mistake in the entries viz.,Ledgers, Debit / Credit transactions, CostCategories, & Cost centers you have everyliberty to correct the same.

If every thing is correct just a smallappreciation.

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