Railway Accounts Department Examinations

Showing posts with label Workshop Accounts. Show all posts
Showing posts with label Workshop Accounts. Show all posts

Monday, September 13, 2021

WMS in brief

 WMS in brief

by Shri KMKV Prasad, SSO(A)/RYPS/SCR


WMS Account Current for APRIL 2021

DEBITS

 

PU

For the month

To End of the month

Source of Posting

Opening Balance

 

 

123

 

Payment to Shop Labour

09

456

456

WMS Section JV

of Labour Suspense

Stores Drawn From Stock

05

789

789

SMS

Contractual Payments

03

012

012

Exp Section CO7

Material by Direct Purchase

04

345

345

Exp Section CO7

Misc Expenditure

08

678

678

WMS Section JV of ---

EE Chgs,

I/W Stock Asst AMs,

I/W Work Done Bills

GST

63, 64 & 65

234

234

Exp Section CO7

Gross Debits

 

2514

2514

 

Deduct Issues Within The Demand

 

180

180

 

Net Debits

 

2334

2334

 

Grand Total

(OB + Net Dr)

 

2334

2557

 

Labour Suspense

01, 10, 14 & 20

454

454

Estt Section CO7

 

 

CREDITS

 

PU

For the month

To End of the month

Source of Posting

Issues to Works

 

 

 

 

Capital, DRF, DF, OLWR etc

09

134

134

Works’ Outturn JV of WMS Section

Issues to Stores Deptt

 

 

 

 

      (a) Manufactured Stores Returned to Stores

05

12

12

SMS

      (b) Released Material Returned To Stores

07

34

34

SMS

Total Part IV

 (ie., Deduct Issues Within The Demand)

 

180

180

 

REVENUE

 

 

 

 

Repairs to C & W Rolling Stock

08

234

234

Home Rly Outturn JV of WMS Section

Repairs to Plant & Equipment

08

78

78

M&P JV of WMS Section

Misc. Mfg for Revenue

08

112

112

WMS Section JV of

Divl Works,

Deposit Works,

RSP Works,

O/W Stock Asst AMs, O/W Work Done Bills

TOTAL PART V

 

424

424

 

Work Done for Fgn Rlys

08

567

567

Fgn Rly Outturn JV of WMS Section

TOTAL PART IV + PART V + F Rly

 

1171

1171

 

Deduct Issues Within The Demand

 

180

180

 

Net Credits During The Period

 

991

991

 

Closing Balance

 

1343

1343

 

Grand Total

 

2334

2334

 

Labour Suspense

01, 10, 14 & 20

456

456

WMS Section JV of Labour Suspense

 

 

 

Important Outputs of WMS Account

1

Labour Sub-Ledger

Shop wise, Workorder wise and Artisan Grade wise Hours worked and wages paid based on Pre-defined Average Hourly Rates

2

Stores Sub-Ledger

Shop wise and Workorder wise Stores Drawn from Stock

3

Workshop General Register

Consolidation of Labour Sub-Ledger & Stores Sub-Ledger ie.,

Labour Sub-Ledger + Stores Sub-Ledger ie.,

Shop wise and Workorder wise Wages paid and Stores Drawn from Stock

4

Outturn Summary

Consolidation of Workshop General Register ie.,

Workorder wise Wages paid and Stores Drawn from Stock

 

              Part – 1

Outlay Adjustable during the month

 

              Part – 2

Outlay Awaiting Adjustment at the end of the month

 

The Equation

Total of Opening Balances of

Outturn Summary Part - 1 & 2

=

Opening Balance of WMS Account Current

Total of Labour & Stores of

Outturn Summary Part - 1 & 2

=

Gross Debits of WMS Account Current

Total of Credits of

Outturn Summary Part - 1 & 2

=

Gross Credits of WMS Account Current

Total of Closing Balance of

Outturn Summary Part - 1 & 2

=

Closing Balance of WMS Account Current

 

 

Oncost

Oncost

=

Expenditure which is not directly chargeable to any particular Work ie., it consists of two components ie.,

Labour Oncost & Stores Oncost

 

This is of two types

=

General Oncost

+

Shop Oncost

General Oncost

=

General Oncost

(Labour)

+

General Oncost

      (Stores)

Shop Oncost

=

Shop Oncost

(Labour)

+

Shop Oncost

      (Stores)

 

Proforma Oncost

 

            Proforma Oncost is the percentage of Indirect charges which is not levied on Rlys’ own works, but levied on Works of Others like Deposit Pvt Companies, Other Govt Deptts etc. It is the percentage of expenditure on --

 

1)      Workshop attached Supporting Deptts like Accounts, Electrical, Mechanical, Personal, Stores, Hospital

2)      Repairs & Mtc of Buildings

3)      Repairs & Mtc of M&P

4)      Value of Civil Assets constructed during the year

5)      Value of M&P acquired during the year

6)      Share of expenditure of PCME’s Office

7)      Children Education Allowance

8)      Pension liabilities

9)      Rent, Rates & Taxes

            This is compiled based on the actual expenditure for the previous calendar year and applicable for the next financial year and incorporated in the estimates of works of others.

 

Labour Sub-Ledger for the month of MMMM Of SHOP -- ABCD

 

Workorder

Hours Booked in Time Sheet

Wages Payable

Total

Labour

Gr I

Gr II

Gr III

Gr I

Gr II

Gr III

00110140

26

48

67

1234

4567

8912

14713

00110145

11

26

32

561

2342

4832

7735

00120140

13

29

35

1465

2368

4638

8471

00120145

37

52

71

2345

5678

9123

17146

00130140

48

63

84

3456

6789

9234

19479

00130145

23

42

61

1767

4969

6854

13590

98000001

8

16

24

564

1109

2243

3916

98000003

 

 

 

738

849

-227

1360

TOTAL

166

276

374

12130

28671

45609

86410

 

                              NOTE : 98000001 represents Labour Oncost Workorder

                                            98000003 represents Under/Over Charges Workorder

 

            Difference between Pay Sheet and Time Sheet is booked against the designated workorder ie., 98000003

 

Stores Sub-Ledger for the month of MMMM

Of SHOP – ABCD

 

Workorder

Stores

Drawn

00110140

1234

00110145

689

00120140

2123

00120145

4567

00130140

7891

00130145

3672

98000002

456

TOTAL

14148

 

NOTE : 98000002 represents Stores Oncost Workorder

 

Workshop General Register for the month of MMMM

 

Workorder

Shop

OB

Labour

Stores

Total

Credits

CB

00110140

801

123

14713

1234

16070

15493

577

00110145

802

64 

7735

689

8424

 

8424

00120140

803

36 

8471

2123

10594

 

10594

00120145

804

234

17146

4567

21947

21234

713

00130140

805

456

19479

7891

27826

27011

815

00130145

806

74 

13590

3672

17262

 

17262

98000001

807

12

3916

 

3928

1252

2676

98000002

808

11

 

456

467

449

18

98000003

809

2

1360

 

1362

23

1339

TOTAL

1012

86410

20632

108054

65462

42592

 

Outturn Summary (Part-I) for the month of MMMM

(Outlay Adjustable During the month)

 

Workorder

OB

Labour

Stores

Total

Credits

CB

00110140

123

14713

1234

16070

15493

577

00120145

234

17146

4567

21947

21234

713

00130140

456

19479

7891

27826

27011

815

98000001

12

3916

 

3928

1252

2676

98000002

11

 

456

467

449

18

98000003

2

1360

 

1362

23

1339

TOTAL

838

56614

14148

71600

65462

6138

 

(a)

(c)

 

(e)

(g)

 

Outturn Summary (Part-II) for the month of MMMM

(Outlay Awaiting Adjustment At The End Of The Month)

 

Workorder

OB

Labour

Stores

Total

Credits

CB

110145

64

7735

689

8488

0

8488

120140

36

8471

2123

10630

0

10630

130145

74

13590

3672

17336

0

17336

TOTAL

174

29796

6484

36454

0

36454

 

(b)

(d)

 

(f)

(h)

 

 

The Equation

(a) + (b)

=

OB`

Of WMS Account Current

(c) + (d)

=

Gross Drs

(e) + (f)

=

Gross Crs

(g) + (h)

=

CB

 

Disclaimer : WMS Accountal is given in brief for easy understanding sake only. For in-depth study, concerned Code may be referred.