workshop accounts (indian railways)
DESCRIPTION
Presentation on Workshop Accounts of Indian Railways. Useful for Mechanical and Financial staff, who prepares for Departmental examinations.TRANSCRIPT
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Presented by
M.Nageswara Rao
Sr.SO(A)/S.C.Rly
Presented by
M.Nageswara Rao
Sr.SO(A)/S.C.Rly
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Introduction – Need of Workshops
“for keeping the Rolling stock (i.e., Locos, Coaches & Wagons) in good repair and efficient maintenance of
the Railway Equipment”
Doing the above activity, the use of spare parts and fittings in replacement of worn out ones. Manufacture of such
duplicates was also undertaken in Workshops as a regular arrangement to the extent Workshop capacity was available.
Doing the above activity, the use of spare parts and fittings in replacement of worn out ones. Manufacture of such
duplicates was also undertaken in Workshops as a regular arrangement to the extent Workshop capacity was available.
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Organization - Different types of Workshops
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Direct control of affairs of all the Workshops in zone & responsibility of
budget in workshops
Head of Mechanical Dept.
controlling all Mechanical Repair
Workshops
(in charge of the respective
workshop)
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Introduction – Departmentalization of Workshops
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Introduction – individual shops
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Introduction – P C O (Production Control Organization)
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Introduction – P C O (Production Control Organization)
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Introduction – P C O (Production Control Organization)
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Introduction – P C O (Production Control Organization)
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Attendance in Workshops – provisions of the Factories Act, 1948
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Attendance in Workshops – Opening and closing of Workshop Gates
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Entry into Workshop & loss of wages-
Late by First period Second period
Up to 3 minutes (Grace time)
Allowed and no loss of wages
Allowed and no loss of wages
3 minutes to 30 minutes
Allowed and loss of half an hour wages
Not allowed and loss of half a day wages
Beyond 30 minutes Not allowed and loss of half a day wages
Not allowed and loss of half a day wages
Attendance in Workshops Late attendance
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Necessity of WMS
Railways are a commercial concern. Costs incurred in Workshops affect maintenance costs of running the
Railways. Any extravagance in workshops is likely to tell upon the operating costs resulting in erosion of profits.
It is therefore, necessary to have proper cost control over expenses incurred in a Workshop. For this purpose, a Suspense Head of account i.e., WMS is needed under which all expenses in a Workshop are accumulated and analyzed so as to pinpoint
sources of waste and efficiency.
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Workshop Account CurrentDebit Side Credit Side
To Opening Balance
Current year Debits Current year Credits
1. To Labour 1. By Debits to Works
2. To Stores from Stock 2. By Debits to Cap. Suspense-Stores
3. To Stores - Direct Purchases 3. By Debits to Revenue
4. To Contractual payments 4. By Debits to F.Rlys.
5. To Misc. payments
Total Debits Total Credits
By Closing Balance
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1. Works done pending acceptance of Bills
2. Stores stock credits awaiting adjustment
3. Under/Over charges – A) Due to Average hourly rates B ) Due to on cost rates C) Due to manufacturing costs
4. Miscellaneous Debits
5. Misc. Items needing clearance due to want of details
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Closing Balance represents
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Reconciliation Reconciliation
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Review of WMS Balances
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Development Suspense Account
History of incentive systemHistory of incentive system
Incentive Scheme – Salient features
FIXATION OF ALLOWED TIME
ALLOWED TIMEALLOWED TIME
For Direct workers
For Direct workers
For Direct workersFor Direct workers
SUPERVISOR & EIW
PITFALLS
PITFALLS
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Points to be consideredPoints to be considered
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