Documentation of the write-off of fixed assets.

Accounting for fixed assets is carried out on the account 01. This applies to the division of the assets held in reserve (the reserve), operating in the stage of completion, partial liquidation, conservation, retrofitting, modernization, reconstruction, and so on.

General classification

Under entitled to OS objects can be divided into:

belonging to the enterprise as a property.
located in the operational management, handed over for free use, economic management.
received in leasing.

Accounting

procedure for its organization and reflect on the accounts of business transactions in the non-profit and commercial enterprises (excluding banks and other non-banking financial organizations and companies that are financed from the budget), as well as individual entrepreneurs established special instructions.Its provisions approved by the Ministry of Finance Decree.Based on these instructions, and other industry standards and rules of the organization should develop their own local acts necessary to ensure control over the use and taking into account the operating system.These securities are approved, in particular:

forms of primary accounting.They are documenting the write-off of fixed assets, income, internal movement.The forms of primary accounting rules set turnover of securities and information processing technology.
List of officials of the enterprise, which is responsible for moving, disposal, receipt OS.
order of control over safety and optimal (rational) use of the company assets.

Goals accounting

Fixing move OS provides:

Proper documentation of write-offs of fixed assets, their income and internal displacement.
Formation expenses related to the adoption of the assets of the OS recognition.
Timely and complete reflection of the depreciation of objects.
reliable determination of the results from the sale and disposal of other types of operating systems.
full assessment of the costs that are associated with the content and conduct of various types of repair facilities.
identifying the cost of modernization, partial liquidation, reconstruction, completion and equipping OS.
control over safeguarding of assets, which are accepted for accounting.
obtain the information necessary for the disclosure in the financial statements of the operating system.
Analyzing the operation of fixed assets.

Specific information

as a unit of accounting OS performs inventory item.It can come with all accessories and attachments, or be structurally separate subject.The object of the OS can be an independent group of values that are represented in one piece, and are designed to perform specific functions.Isolated complex may be in the form of one or more objects with common supplies and devices, management or they are mounted on a common foundation.Due to the structural features of each element can only serve as a group, rather than their own.For example, the price of the vehicle is on the price of a spare wheel and tire with a camera, and a set of tools.

Capital investments

When present in the composition of the object parts with different useful lives regulatory application or service, they are accounted for as a separate inventory item.For example, capital investment in land, on the radical improvement areas (irrigation, drainage and other ameliorative measures) and in the water, mineral resources and other natural resources will be accounted for separately.Proceeds to improve the state allotment owned enterprises are recorded under the project for which they were made.Capex in taking rent OS accounted for as a receipt, if the lease contract for such payments shall be considered the property of the tenant.The object, which is owned by two or more organizations at the same time, is reflected in proportion to the shares.

important point

all business transactions that are linked to internal displacement, the receipt or disposal of the operating system, must be promptly recorded in the articles of accounting.By the very fact of the surgery is the primary act (for writing off fixed assets, receipt or sending them for any article.)In accordance with these transactions will be carried out accounting OS.

Features compiling securities

Making writing off fixed assets in accordance with the requirements of the sectoral legislation.Rules have also been established in the above instructions.Decree of the Ministry of Finance also approved the unified form of write-off of fixed assets.It must be completed properly by the established standards.In particular, a sample of the act of writing off fixed assets contains fields for entering all the necessary details.After filling in the paper should be signed by senior officials.Act on cancellation of fixed assets may be kept in electronic or paper form.

Inventory number

He is assigned to each OS object, regardless of whether it is used (in service), canned or sent to the reserve.This is to ensure control over the safety and accounting management of the property.Inventory number assigned in the accounts at the time the object to accounting.If the object has several fragments with different useful lives and are treated as separate, each part will be assigned to your inventory.number.An object can consist of several elements, for which a total period of operation.In this case, it is assigned a number.The designated number is saved for the subject during the time of finding it in the enterprise.Inventory number retired OS can not switch to new entrants for five years from the year following and then, when the act was adopted for the cancellation.

Disposal of assets: a brief description of

to fix the movement of assets opened a special account to the write-off of fixed assets cq.01. The legislation establishes cases where there may be an outflow of OS.The reasons for write-off of a fixed asset may be as follows:

Wear.
free transfer.
sale.
full or partial liquidation.
accidents, natural disasters or other emergency situation that caused it impossible or impractical recovery operation.

Specificity

The amount of write-off of fixed assets in the event of the sale is accounted for under the contract, according to the paper, compiled by the statutory rules.With the donation of the operating system among enterprises of the same type of ownership residual value (replacement cost less depreciation), and transmission costs by the decision of the owner are non-operating expenses.Write-off of fixed assets of budgetary institutions in the free transfer is carried out, with such costs to the increase in expenses related articles and items classification.The costs and gain on disposal are recorded as non-operating or operating in the reporting period to which they are assigned.The cost of written off from the balance sheet.

Accounting disposal

There is a certain order of write-off of fixed assets.Disposal of operating the exchange, sale, making the statutory fund and other cases prescribed by law in accordance with the contract.This is drawn up fixed asset write-off (of Handover).In addition, filled waybill (approved by the Ministry of Finance of its sample).Write-offs of fixed assets with filling TTN-1 performed if the OS is moved using the transport.On disposal may also be drawn up on the waybill, and posting vacation wealth in the form TN-2.It also approved the decision of the Ministry of Finance and, according to the rules, accompanied by a certificate on the cancellation if you move the OS is not used transport (such as a vacation can be carried out by mail).

order of write-off of fixed assets Disposal

OS is initially recognized by the relevant records.On their basis is determined by the residual value of items.In particular, the documentation of write-offs of fixed assets include:

debit cq.01 subsch."Disposal of the operating system" and loan cq.01 carried out the removal of the replacement (original) price.

debit cq.02 "Depreciation OS" and the credit of the MF.01 subsch."Disposal of the operating system" reflects the amount of accumulated depreciation.

Residual value

She reflected, depending on the reasons for write-off of fixed asset in a particular line of balance.In particular, the following entries are made:

in debit with.91 - on the OS, retired as a result of entering into the statutory fund as a contribution, exchange, sale.Total cancellation of the accounting of residential buildings and other property, which reflects the loss of value at the end of the year on off-balance sheet accounts are not included in operating expenses.Their value is fixed on the debit cq.83 "Additional funds" in correspondence with the credit cq.01.
The debit cq.94 - on the OS, retired due to shortage, which was detected in the inventory or otherwise.
The debit cq.92 "Non-operating income and expenses" - with the free transfer, in addition to the facility to the transmission of the owner if he had signed the order or the cancellation of the decision on disposal of an institution authorized.In the same line reflects the cost of the OS, retired due to liquidation of an accident, the loss due to natural disaster and other emergencies.
The debit cq.83 "Additional funds" - with the free transfer of ownership to organizations operating in accordance with the decision of the owner or his authorized units, as well as objects that are in state property between the State Unitary Enterprise of the decision of the owner or a body authorized by him.
The debit cq.79 "Intra-payment transactions" - transmission independent (separate) divisions of the enterprise.

Documentation of write-offs of fixed assets may be carried out without the use of subsch."Disposal of the OS" cq.01. In this case, the accumulated depreciation can be recorded directly on the debit cq.02 in correspondence with the credit cq.01.

Correspondence

costs related to the disposal of the operating system as a result of entering into the statutory fund as a contribution, exchange, sale, charged to debit cq.91, due to the liquidation in case of accidents, natural disasters, emergencies, free transfer - to the debit cq.92 in correspondence with the accounts:

26 "Total economic costs", 23 "Auxiliary production" - to transport and production costs of dismantling.
44 "Realizable costs" - in the amount of costs related to packaging, transportation of the sold property, the payment of marketing and intermediary services, fees, and other fees.
51 "P / s" - the size of the cash payments that are linked to the disposal.
68 "Calculations of Taxes and Duties" - the amount of VAT and other charges.

Gains on disposal

They are deducted from the loan cq.91 "Operating income and expenses" in the debit such accounts as:

10 "Materials" - the cost of raw material prices on the intended use, resulting in the dismantling of subjects during their retirement.
76 "Settlements with creditors and debtors," 62 "Transactions with customers and consumers," 51 "Current Account" - the sum of the operating system objects sold on realizable prices including VAT.
58 "cash investments" - the cost of the OS, which are recorded in the statutory funds of other organizations.

Results disposal are recognized in the accounting of debit (credit) cq.91 "Operating costs and revenues", cq.92 "Non-operating expenses and earnings" in correspondence with the credit or debit cq.99 "Losses and earnings" for that reporting period to which they are assigned.

Unused OS

order of write-off of fixed assets that are not used in the production process and are not subject to the subsequent operation for its intended purpose (except for transmission equipment, structures and buildings), residual value for each unit of which not more than 10 000 base units which areon the balance sheet of legal entities subject to public administration bodies and other state organizations, set instructions.It was approved by decision of the Council of Ministers.Write-off of fixed assets classified as "unused" is made as of the 1st day of the month following the decision of legal entities and in coordination with the state authorities and other state organizations.

Cautions

Waste and scrap of precious, ferrous and non-ferrous metals, resulting from the retirement of fixed assets classified as "idle", should be sent to legal persons for processing in accordance with the rules established by the legislation.Sending raw materials is carried out organizations that are permissive paper (license) for the execution of works on preparation of waste and scrap of non-ferrous and ferrous metals.

Further application

To determine the effectiveness and feasibility of further operation of fixed assets, as well as to design appropriate documentation to write off these objects in the enterprise order management can be formed by the action of the Permanent Commission.In its present composition, the competent officials.These included, and the chief accountant, as well as employees who are responsible for the preservation of assets.In addition to the work of the commission may involve representatives of authorized services and inspections.

Competence Commission

The tasks of this body include:

Inspection of objects that should be written off, with the relevant technical documentation, accounting data.In the course of the procedure set unsuitable OS to rehabilitation and the subsequent operation.
Identify reasons for disposal OS.It may be further mentioned above, the violation of the order of operation of the subject (diversion in conditions that do not meet specifications, and so on), long a simple (non-use for industrial purposes).
establishment of those responsible for the appearance of the need for premature writing off of objects OS, making suggestions about the use of the appropriate penalties provided for in sectoral legislation.
Identify opportunities for the individual items, materials, parts, components outgoing object, their evaluation taking into account the likely use of the price.
control measures during the withdrawal of the operating system write-precious metals, nonferrous metals, determination of their weight and quantity.
drafting relevant securities.It is, in particular, acts of write-off of the OS.

The results of the Commission

To analyze the feasibility of write-offs authorized by management body must receive the application letter.To him must be accompanied by a list of unused OS.The Commission assesses the status of the items on their location.Results of the solution of the authorized body are made by the relevant act f.OS-4, for motor vehicles - OS-4a or of f.OS-4B (excepting transport) - groups of objects.The paper presents data that characterize the object.In particular, indicate the year of construction or manufacture, the date of adoption of the OS to the accounting period of commissioning, the useful life of use, original cost, the accumulated depreciation, repairs.In addition, the Act contains the reasons for the cancellation of the justification for the impossibility of recovery, a description of the structural elements, parts, components, assemblies.Paper approved by the head of the enterprise.Dismantling and demolition OS license to acts of writing off is not allowed.