We are an ERP Company in Pune, Mumbai India. We provide ERP software, accounting and business management solutions. We also have tally products, tally services.

1. TALLY.ERP 9
ERP Solution for
Project/ Order Based Manufacturing

2. Challenges faced by Project
Companies
•Organizations who are into Project handling or
undertakeTurnkey 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.

3. Concept of Project Costing
•There will be a unique Project Name or Project Code
created
•There can be different stages under a Project
•VariousTypes ofTransactions 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

4. Tracking ofTransactions
•Similarly AllTypes ofTransactions can be
tracked against the Project /Work Order such
as;
•Purchase Orders
•GRNs
•Material Issues
•MaterialTransfer
•Material Consumption
•Payments ( whichever applicable )

5. Transaction Listing for a Project

6. Project (Order) Costing : Contents
1. 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 ProductionActivity
2. Production Cost:The expenses incurred in the
ProductionActivities 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

7. Project (Order) Costing : Contents
3. Direct Cost:The Direct Expenses such asTransportation
Charges, Custom Duty, Freight Charges, Insurance,
Octroi etc. can be separately shown as ‘Direct Cost’ in
the Project Costing report.
4. 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.
5. Service Cost: Some type of Service Costs can the part of
a Project.This can be Outsourcing Charges,
Subcontractor’s Service Bills etc.

8. Project Costing Report

9. 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

10. 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.

11. 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

12. Verticals which can use Project
Costing Module
•Order Based Manufacturing Industries
•Turnkey Project Industries
•Builders
•Infrastructure Construction Companies
•Service Industries

13. Our Contact Details:
Prism IT Solutions Pvt. Ltd
(FIVE STAR CERTIFIEDTALLY PARTNER – SALES & SOLUTIONS)
Mumbai
28,The Platinum, Pant Nagar, Near Ghatkopar
Railway Station, Ghatkopar East, Mumbai 400 077
Tel: +91 96 99 00 66 30
Email: enquiry@prismitindia.com
Pune
314-A, Bharat Bhavan, 1360, Shukrawar Peth,
Off Bajirao Road, Pune (India) - 411002
Tel: +91 (20) 6724 6724

14. ThankYou