workshop accounts (indian railways)

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1 Presented by M.Nageswara Rao Sr.SO(A)/S.C.Rly

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Presentation on Workshop Accounts of Indian Railways. Useful for Mechanical and Financial staff, who prepares for Departmental examinations.

TRANSCRIPT

Page 1: Workshop accounts (indian railways)

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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

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History of incentive systemHistory of incentive system

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Incentive Scheme – Salient features

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FIXATION OF ALLOWED TIME

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ALLOWED TIMEALLOWED TIME

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For Direct workers

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For Direct workers

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For Direct workersFor Direct workers

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SUPERVISOR & EIW

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PITFALLS

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PITFALLS

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Points to be consideredPoints to be considered

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