Some organizations, in the course of their business activities, acquire various property. If these assets have a useful life of more than a year, then they are classified as property, plant and equipment. Before using them, they must be taken into account, that is, put on the balance sheet and assign an inventory number.
Instructions
Step 1
The first thing you need to do is register fixed assets. This is done on the basis of the accompanying documents. Correspondences of accounts differ depending on the source of income, but are initially reflected in account 08 "Investments in non-current assets". Remember that fixed assets are recorded only at their original cost, which is written off gradually through depreciation. Such cost includes all costs associated with the acquisition, net of VAT.
Step 2
If the asset came from a vendor, make the posting:
D08 K60 - the cost of fixed assets was paid to the supplier.
This entry is made on the basis of an invoice, waybill or other document.
Step 3
If assets enter the organization in the form of an investment in the authorized capital, make a note:
D08 K75.1 - reflected the receipt of fixed assets from the founder on the account of the authorized capital.
Step 4
After the fixed assets have been received, they must be put into operation. To do this, draw up an order (order), and then, based on it, issue an act of acceptance and transfer of the OS into operation (form No. OS-1, No. OS-1a or No. OS-1b).
Step 5
Next, you need to draw up inventory cards and determine the inventory number of assets. The procedure for determining the code of the fixed asset must be spelled out in the accounting policy of the organization. It should be borne in mind that if the property consists of several parts with different useful lives, then the inventory numbers must be assigned different. After that, this code is indicated in the card (form No. OS-6, No. OS-6a, No. OS-6b).
Step 6
In order to reflect the commissioning in the accounting, make an entry:
D01 K08 - fixed assets were put into operation.
