To reflect the construction in accounting, the same accounts are used as in the accounting of any other manufacturing enterprise. One of the features in this case is the need to reflect income and expenses separately for each construction object.
Instructions
Step 1
Reflect the cost of materials in accounting when performing construction work from materials of your own purchase by postings: - Debit of account 10 "Raw materials and materials", Credit of account 60 "Settlements with suppliers" - materials purchased for construction are taken into account; - Debit of account 19 "VAT on purchased material values ", Credit account 60" Settlements with suppliers "- VAT included on capitalized building materials; -Account 20 debit" Main production ", Credit account 10" Materials "- actually spent materials on construction objects were written off.
Step 2
Write off to the debit of account 20 other expenses associated with the construction of these objects: for the wages of the main workers, for auxiliary production, etc., by making the entry: - Debit of account 20 "Main production", Credit of account 70 "Wages" (23 "Auxiliary production", 25 "General production costs", 26 "General business costs").
Step 3
Make the postings after the completion of work on the construction site and its delivery to the customer: - Debit account 62 "Settlements with buyers and customers", Credit account 90 "Sales" (subaccount "Revenue") - the objects were handed over to the customer at the estimated cost; - Debit of account 90 "Sales" (subaccount "Cost"), Credit of account 20 "Main production" - the cost of completed orders in the context of each of them is written off.
Step 4
Determine the income for individual work performed or for the construction project as a whole. In this case, calculate the difference between the volume of work performed during the accounting period and the costs attributable to them.
Step 5
If the customer delivers certain materials to the construction site, reflect in the accounting the construction of such an object with the following entries: - Debit account 41 "Goods", Credit account 60 "Settlements with suppliers" - construction materials are taken into account; - Debit account 19 "VAT on purchased material resources ", Credit account 60 - VAT is reflected on the recorded materials; - Debit account 60, Credit account 51" Current account "- paid for the supply of building materials; - Debit account 62" Settlements with suppliers and contractors ", Credit account 90" Sales "(subaccount "Revenue") - revenue for building materials is taken into account; - Debit of account 90 "Sales", Credit of account 41 "Goods" - the cost of materials is written off.
Step 6
Next, write off the materials received from the customer, as well as other expenses for the construction of the facility, to the expense accounts in the usual way. When drawing up acts of work performed at the estimated cost, the cost of the customer's materials is reflected in them in a separate line "Return of materials" (after the "Total" line) and reduces the estimated cost of construction and installation work.
