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.