Tally for Contractors: Project Costing & TDS Management

Built for Government Contractors

Contractors in MP work with government departments (PWD, CPWD, Railways) and face unique challenges: running bills, TDS deductions, and retention money. Tally Prime handles all.

Contractor-Specific Features

#### 1. Project-Wise Accounting

• Create cost centers for each tender/project
• Track material, labor, and overhead per project
• Real-time project profitability

#### 2. TDS Management

• Auto-calculate TDS on contractor payments
• Track TDS receivable from clients
• Reconcile with Form 26AS

#### 3. RA Bill Generation

• Running Account bill preparation
• Measurement book integration
• Retention and security deposit tracking

#### 4. Sub-Contractor Management

• Track payments to sub-contractors
• TDS deduction on sub-contractor payments
• GST RCM compliance

Essential Reports

• Project-wise Profit & Loss
• TDS Receivable Summary
• Unbilled Work-in-Progress
• Retention Money Schedule

Streamline your contracting business. HCS implements contractor-grade Tally solutions.