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.