In accordance with the principles of shared nonnormable and normalized working capital.The former include products shipped in transit, but not paid.They are non-normalized and working capital in the cash or the current account.They mostly affect the external factors, rather than directly to industrial and economic activities of the organization.
To include all categories of normalized working capital production.In particular, inventories, work in progress, the cost of the forthcoming period, as well as finished goods in stock.
Rationing of circulating assets contributes to solving two major tasks.
First, constant maintenance is carried out matching between the size of enterprise resources and the need for them to provide the minimum required stock of wealth.It should be understood that each organization should set these parameters to the implementation of normal course of business, she did not experience financial difficulties to ensure the implementation process and production.
Secondly, the valuation of current assets used in the management of stock size.In this case, the promotion of improvements in economic activity, the search for additional resources and reserves, formed by the combination of competent forms of supply and so on.
Rationing of circulating assets on its size must match the actual production needs.The company sets the minimum, but sufficient demand.Each group of working capital is controlled at each stage of the movement, due to the fact that large stocks need to attract resources from other purposes, must take into account, security, warehouse.
Lowered the norm does not allow the company to provide the necessary inventory.In addition, the organization will not be able to pay in a timely manner with employees or suppliers.
overvalued norm promotes the formation of large stocks.Thus there is a freezing resources, which leads to losses.In addition, the reduced level of profitability, increasing the size of payments for increasing the value of property of the organization.
Rationing of circulating assets is the establishment of norms and standards for the appropriate group of resources (funds).There are different ways to implement this procedure.
Before listing the valuation methods should clarify the notion of rules and regulations.In the first case we say about the relative value.The rate is the minimum Inventories wealth.This relative value is economically feasible and installed in days.Standards called minimum required amount of funds.They provide the economic activities of the organization.
Basic methods of rationing of circulating assets:
- Experimental Laboratory.
- Reporting and statistics.
- Analytical.
- Direct account.
- Koeffitsientnyj.
generally considered the fourth method of direct calculation of the components of assets separately.It is based on actual resource needs.Other techniques used in industry as auxiliary.
analytical method helps to establish the norm of the actual amount of funds in a certain period.This takes into account the correction for the unwanted and excess reserves, a change in the conditions of supply and production.
Experimental laboratory method is the measurement of cost of funds and the volume of the finished product in the development of industrial and laboratory conditions.
Reporting and statistical techniques based on the implementation of data analysis reports (operational or financial) for the actual material consumption per unit of the commodity from the previous (base) period.
coefficient method allows you to set the norm for the coming period with the help of the norm for the previous period.
