Manufacturing inventories are part of the company's assets.They are used as a raw material or manufacturing materials for the manufacture of products intended for sale and can be used for their own needs.
As of accounting for the number № 5/01 to production and inventories include more variety of goods and ready-to-sales.Production TMZ divided into different groups depending on their destination.This core group of inventories used in the making of products (raw materials, semi-finished products and components) and the support group that serves to maintain the means of labor in the normal state (varnishes, paints, lubricants).
Accounting for inventories held in accounts number 10 "Materials", № 12, № 15 "Procurement and Purchase of goods», № 16 "Variance in cost of inventories".
Depending on their technical properties of production material costs are divided into separate sub-account.It follows accounting sub-accounts - "raw materials", "purchased components and semi-finished products", "fuel", "packaging materials", "spare", "other materials", "building inventories", "reserves transferred for processing""farm implements".
Evaluation of inventories in accounting when they arrive at the warehouse is carried at cost.The total cost of inventories is formed from the actual value specified in receiving documents (incoming invoices - invoice)?and additional costs associated with their purchase (information services, customs duties, transportation costs, insurance, etc.).
Accounting for inventories in any business entity is carried out only on the basis of primary accounting documents.The basis for the initial recognition is the production of inventories transportation bill, part of an invoice from the seller, including the quantity, unit price and total price including VAT.Next to the arrival of the credit order is issued.Inventories obtained from production plants, we arrive at the warehouse on the basis of an internal note.
Accounting inventory provides for mandatory inventory carried out at least once or twice a year to confirm the actual residues in stock.Mandatory inventory and assessment of the actual technical state of stocks is carried out at the end of the year or in addition may be carried out by changing the chief accountant or director of the company, the officials who are directly responsible for the availability of inventories, for the proper reflection of their accounting.The inventory of inventories held by a special commission created by the company to test the material warehouses and conducted at the company with the personal participation of the storekeepers and representatives of the Commission appointed by the order.
analytical account of inventories held by separate warehouses in the context of sub-accounts and individual groups of TMZ.Analytical accounting depends on the chosen method of inventory valuation method (for example, on the basis of average prices).
Accounting of inventories in the financial statements must contain information on how to mainstream TMZ used at the facility in accordance with the approved accounting policies.Properly organized accounting TMZ - the most important factor for the smooth organization of production and release produktsii.Takzhe in the financial statements necessarily stand types and value of inventories pledged as collateral for another company.
