In the course of business activities of the company, managers use various materials. In the organization, such funds must certainly be taken into account when entering, moving and writing off. There are several ways to reflect the receipt of materials - at actual cost and at discount prices.
Instructions
Step 1
Reflect the arrival of materials only on the basis of the accompanying documents. If the inventories came from a supplier, conclude a supply contract before that.
Step 2
On the basis of the consignment note (unified form No. TORG-12) and the receipt note (form No. M-4), make the entries in the accounting records: D10 K60 - the receipt of materials from the supplier is reflected (cost without VAT).
Step 3
Reflect the amount of incoming VAT on the basis of the invoice and invoice, do this using the posting: D19 K60.
Step 4
Reimburse the VAT amount from the budget, this is done only if you have an invoice with a dedicated tax. Make an entry in accounting: D68 K19. Include the tax amount in the purchase book.
Step 5
After you have paid the amount for the materials, make the wiring: D60 K51. Reflect this operation on the basis of the statement from the current account and the payment order.
Step 6
If you made an advance payment to the supplier before the receipt of materials, reflect this as follows: D60 subaccount "Advances issued" K51.
Step 7
If the materials are made by your own efforts, then their arrival at the warehouse is reflected as follows: D10 K40 - the release of materials at planned prices is reflected. Do this operation on the basis of a credit slip (form No. M-4).
Step 8
Reflect the actual cost of those costs that were incurred in the production process (cost), do this on the basis of the accounting reference-calculation using the correspondence of accounts: D40 K20.
Step 9
Write off the deviations between the actual production cost and the planned cost of materials, do this on the basis of the original settlement document using the posting: D10 K40.
Step 10
If you reflect the receipt of materials at the actual cost, and not at the planned, do it by posting: D10 K20.
