Education Session

What is bills of material (BOM) ? The bills of material is a particular list of all heads that have been used for making a end product for the users. This may include components, raw material and goods etc. The elements of a final product and cost incurred on making may called as bill of materials. There are various types of expenses and cost which is usually paid on complete production of a product afterwards it send for sale. These all expenses, components, cost etc. must be recorded. Let's understand with example and by using telly ERP 9 : Bills of material example: ISD company purchase following material or components from xyz ltd for production of CPU units: Additional cost including: Labor charges 600. The company sold CPU to a debtor after making the final product. Pass the necessary entries. Solution : Step by step process for bills of material : Step 1: create a new company or choose your existing company (alt + F3). Step 2: Press F11 for company f...

Implementation of cost center in telly ERP 9. What is cost center? In telly ERP 9 , cost center is used to allocate different cost and expenses incurred during in transaction. It helps to clarify different center where cost is exhausted. this feature allow to maintain proper record of multiple expense in one place. What is cost categories What is cost categories? Cost categories is use to simplify or categories different cost center in a particular head. Let's understand this concept with the help of given below examples: 1.  Paid on purchase of  office stationary for 10000.      A4 colour paper.       4000      Black markers.            500      Registers.                    2000      Other stationary.       3500 Pass the necessary entry for the payment of the above expense...