Analytical accounting of inventories

Practically at any enterprise there are industrial stocks which demand the constant control. Analytical accounting of such material values is conducted by different methods. Accountants often use the quantitative-sum and balance method.

Analytical accounting is a whole system of certain accounting records that gives detailed information about the movement of all economic means. It is designed for operational management of production, compilation of accounting and financial reporting. Analytical accounting is carried out separately for all synthetic accounts.

Accounting using the quantitative-sum method can be implemented in two ways:

1. In the first case, all types of material assets are opened with cards in which analytical accounting is carried out. They are almost identical to the usual cards on which inventory is maintained , but the remnants in them are derived not only in quantitative but also in value terms. Records in them are made solely on the basis of expenditure and incoming accounting documents. The cards are stored according to the nomenclature numbers. Remains are deducted, income / expenditure of all material assets at the beginning of each month. Also monthly are varietal turnover sheets, in which the quantity and cost of production stocks are counted.

The summary and summary information is checked against the corresponding indicators of synthetic accounting. All natural indicators are checked against the data of warehouse accounting. A significant drawback of such an accounting is the duplication of data. Such an accounting option is used, as a rule, at enterprises, which have a rather limited nomenclature.

2. In the second case, there are no accounting cards in the accounting department. Quantitative summation sheets are made directly from the primary documents, indicating nomenclature numbers, types and groups of materials for all workshops separately. All sum totals are constantly checked against the results of synthetic accounting. All natural indicators are checked against individual nomenclature numbers specified in the warehouse accounting cards.

Analytical accounting for this option is also considered conditional. The vast majority of enterprises use the surplus inventory accounting method, which ensures the commonness of warehouse, operational and accounting. With this method, inventory accounting is performed in kind, and accountants conduct analytical accounting for each warehouse separately in the context of different groups of materials.

Control over the accuracy of accounting is led by the accounting department. She regularly checks the accuracy of the paperwork and the timeliness of the records. Remains of materials are displayed in the corresponding columns of the warehouse accounting cards and certified with the signature of the accountant. Quantitative balances at the end of the month are transferred by materially responsible employees to the balance sheet - a net book.

Analytical accounting of materials requires constant monitoring, so only after checking the balances, all production stocks are taxed at their prices. Thus, we obtain data on the value of each group of tangible assets and the total results for all warehouses.

Analytical accounting of stocks is carried out in the registers of their movement: accumulative income-expenditure and turnover statements (in value terms). Vedomosti conducts on all warehouses in a cut of groups of material assets and subaccounts. At the end of the month, they are used to compile group statements for the warehouse. The reliability and correctness of the implementation of warehouse accounting is checked by comparing the value results of each group of materials specified in the balance book with the available analytical balances of the turnover sheet for the group.