One of the functions of management is the financial account.All business transactions must be monitored.This is the secret of success in the conduct of any economy.Therefore, you must constantly measure, monitor and record all business transactions.
accounting system includes the processing and transmission of information, control and surveillance of the activities of the economy.
requirements for economic integration:
1. Timeliness.
2. Credibility.
3. Completeness.
4. Efficiency.
5. Simplicity.
6. Accuracy.
errors in accounting are allowed, but only small, so as not to lose control of the efficiency of economic activity.
main types of economic accounting
Recording is done by monitoring production operations, their measure and record in writing or orally.On this basis, the following types of economic calculation:
1. Statistical.
2. Operational and technical operations.
3. Accounting.
These types of economic calculation have certain characteristics.
Records management is performed within the workplace (in the warehouse, in the department, and so on).Therefore, rapid data acquisition and brevity - its main components.Operational accounting allows you to control the operation during which they occurred, and does not require documentation of data.This type of account is not intended to cover all economic activities.Information from the operational records, may be transmitted by fax, orally, by telephone, in the form of journal entries.Indicators registering operational data must be correct in order to carry out a general analysis of the economic production.
Statistical records made both within the organization and outside it.With it being the registration of social phenomena of life in certain conditions.Statistical records are maintained in order to be able to foresee the consequences of actions committed.It is used to control all types of accounting meters.According to the statistics, we can conclude about the state of the economy, about the population of the prices prevailing in the regional market.Measuring fixing statistical data: employment, physical and monetary.
Accounting as main meter using cash.With its help provide information on the obligations of the organization, its assets in cash.
Other types of economic calculation different from the book, that he:
1. It has a limited scope of the organization of the subject.
2. Reflects all business operations performed in the organization.
3. in continuous reflection of all economic facts.
4. With a primary or a printed document draws up an economic fact.
5. It is expressed in monetary terms.
6. Uses for processing its own specific methods (calculation, account balance, and so on).
Accounting inventory
For continuous activities of the organization are required inventories.They are used only once.By inventories are materials, raw materials, fuel and the like.
Inventories include:
1. Purchased semi-finished goods - processed, but are not the finished product materials.
2. Basic materials and raw materials - are for the manufacture of the product.
3. Fuel - used as fuel for technological purposes and for heating.
4. Supporting materials - products used to provide the required consumer properties.
5. Spare parts - replace worn parts of machines and mechanisms.
6. Return the waste - the remains of materials or raw materials which have lost their consumer properties.
7. packaging materials and packaging itself - are used as packaging for transportation.
