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  1. To activate Job Costing which options require to be activated

    2. A.

     Maintain Cost Centre
    B.

     Use Cost Centre for Job Costing
    C.

     Both a & b
    D.

     None of these

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    Workspace

    View Answer

    Answer : Option C

    Explanation :

    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.

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