How to enter the reasonable loss under the planned cost when it is put into storage

Reasonable loss on the way is included in the cost of raw materials, which is equivalent to a relative increase in the unit price. Material cost variances.

Differences between planned and actual are also processed.

Whether the reasonable loss in the inventory procurement process is included in the inventory cost, mainly depends on the nature of the enterprise, if it is a general industrial enterprise to purchase inventory, the reasonable loss part of the transportation should be included in the actual purchase cost of inventory, according to the specific accounting method of enterprise inventory, specifically divided into: when the enterprise adopts the actual cost method of accounting, included in the "raw materials" account.

Whether the reasonable loss in the inventory procurement process is included in the inventory cost, mainly depends on the nature of the enterprise, if it is a general industrial enterprise to purchase inventory, the reasonable loss part of the transportation should be included in the actual procurement cost of inventory, according to the specific accounting method of the enterprise's inventory, it is specifically divided into: when the enterprise adopts the actual cost method of accounting, it is included in the "raw materials" account, when the enterprise adopts the planned cost method of accounting, the reasonable loss part is included in the "material procurement" account, and the planned cost method is due to the "raw materials" The account accounts for the planned unit cost multiplied by the actual inbound quantity, so the "Raw Materials" account does not include the reasonable loss part, and the reasonable loss part is finally included in the "Material Cost Variance" account when the warehousing is put into storage.

According to the new standard, the reasonable wear and tear of commodity circulation enterprises during the purchase of goods should also be included in the inventory cost, and will no longer be included in the profit or loss for the current period.

In addition to the reasonable loss of materials, shortages and other materials that occur in the procurement process of the enterprise, the accounting treatment should be carried out according to different situations

1) The shortage of materials or other compensation that can be recovered from ** units, external transportation agencies, etc., should be offset from the procurement cost of materials;

2) The loss caused by the accident disaster and the loss on the way to be ascertained shall not increase the procurement cost of materials, and shall be temporarily accounted for as "property loss and excess to be disposed of", and shall be processed separately after the cause is identified, or carried forward to the "other receivables" account, or included in the "non-operating expenses" account, or included in the "management expenses" account, etc.

Yes Borrow: Raw Materials 10000 Credit: Material Purchases 9900 Material Cost Variance 100

Borrow: raw materials 9900

Borrow: material cost variance 100

Credit: 10,000 for material purchases

Borrow: raw materials 9900 (variances are included in the planned costs).

Material cost variance 100

Credit: 1000 for material purchases

If you have a problem, you have to explain how much you spent on the materials at the beginning. Make up a condition, spend 10,000 yuan to buy 100kg of materials, 10kg of loss on the way, the actual storage of 990kg, the unit is calculated by the planned cost method, and the unit plan cost is 10 kg. Material procurement is the actual cost of 10,000 yuan (just how much money is spent, reasonable loss does not need to be deducted, because even if it is a loss you still spend so much money), raw materials are the planned cost of 9,900 yuan (the planned price multiplied by the actual number of warehousing), entries:

Borrow: raw materials 9900

Material cost variance 100

Credit: 10,000 for material purchases

Answer: Plan cost: refers to the cost calculated in advance according to the various consumption quotas and expense budgets and relevant information during the plan period.

It reflects the standard that the product cost should meet in the planning period, and is the goal of the cost in the planning period. The planned cost is different from the fixed cost, which is calculated according to the average fixed level during the plan period, while the fixed cost is calculated according to the current fixed cost; The planned cost reflects the average, and the fixed cost reflects the level that should be achieved at that time.

Various consumption quotas (inclusive) have been taken into account when drawing up the planned costs"Reasonable consumption"), so that reasonable wear and tear incurred during the purchase process is no longer included in the planned cost.

What is included in the cost of inventory:

Inventories should be initially measured at cost. Inventory costs include procurement costs, processing costs, and other costs.

1) The cost of purchased inventory.

Purchase price: refers to the price listed on the invoice of the materials or commodities purchased by the enterprise, but does not include the input VAT deductible according to the regulations.

Reminder] Qiaozhao The value-added tax related to the purchase of goods by small-scale taxpayers is included in the cost of inventory; The VAT deductible related to the purchase of goods by general taxpayers is not included in the cost; Costs that cannot be deducted should be included.

2) The cost of processing to obtain inventory.

The cost of processing inventory includes direct labor and manufacturing costs allocated according to a certain method.

Tip] Product costs include direct materials, direct labor, and manufacturing expenses. Manufacturing expenses are not period expenses.

Manufacturing expenses: refers to the indirect costs incurred by enterprises in the production of products and the provision of services. Including the employee salary, depreciation expenses, office expenses, water and electricity expenses, loss of machinery and materials, labor protection expenses, seasonal and repair downtime losses of the management personnel of the production department (such as the production workshop) of the enterprise.

3) The cost of obtaining inventory by other means.

Other ways for enterprises to obtain inventory mainly include accepting investment from investors, exchanging non-monetary assets, debt restructuring, business combinations, etc.

1.The cost at which the investor puts into inventory.

The cost of the inventory invested by the investor shall be determined in accordance with the value agreed in the investment contract or agreement, unless the value agreed in the contract or agreement is unfair. In the event that the value agreed in the investment contract or agreement is unfair, the fair value of the inventory shall be taken as the recorded value.

2.The cost of inventories acquired through non-monetary asset exchanges, debt restructurings, business combinations, etc., shall be subject to the relevant standards.

4) Inventories obtained through the provision of services.

If inventory is obtained through the provision of labor services, the direct labor and other direct expenses incurred by the personnel engaged in the provision of labor services, as well as the indirect expenses attributable to the inventory, shall be included in the inventory cost.

Does reasonable attrition include in the planned cost, which gives you a detailed introduction. You must also note that reasonable loss is not included in the planned cost, but reasonable loss is required to be included in the inventory cost of filial piety.

This is where we often get confused, and I hope you understand more. If you have other questions about reasonable loss, you can continue to communicate with our teachers, and please continue to update more accounting knowledge.

Summary. This is the processing rule for planned costing. The planned cost method refers to the daily income, issuance and balance of the enterprise's inventory are valued according to the pre-determined planned cost, and at the same time, a separate "material cost difference" account is set up as a link between the planned cost and the actual cost, which is used to register the difference between the actual cost and the planned cost, and at the end of the month, the planned cost of the issued inventory and the planned cost of the balance of inventory are adjusted to the actual cost to reflect an accounting method.

In the case of planned costing, do you use one planned cost for both inbound and outbound?

Hello dear, it's a pleasure for me to ask you this question.

Plan the cost out of the warehouse, and then you want to adjust the material cost variance.

This is the processing rule for planned costing. The planned cost method refers to the daily income, issuance and balance of the enterprise's inventory are valued according to the pre-determined planned cost, and at the same time, a separate "material cost difference" account is set up as a link between the planned cost and the actual cost, which is used to register the difference between the actual cost and the planned cost, and at the end of the month, the planned cost of the issued inventory and the planned cost of the balance of inventory are adjusted to the actual cost to reflect an accounting method.

Hope mine is useful to you.

If you're satisfied, I hope you can give a thumbs up Crab Crab.

1. The "Accounting System for Business Enterprises" stipulates that the reasonable loss of raw materials in transit should be regarded as the actual cost: that is, the total amount of purchased materials remains unchanged, and the storage and collection shall be handled according to the actual quantity, (the actual unit price of procurement has become larger);

2. Under the planned cost, the enterprise purchases raw materials and does such as the library according to the planned cost: borrowing: raw materials - * materials.

Debit: Material cost variance (planned price is less than actual price).

Borrow; Bank deposits.

3.If the planned price of raw materials is greater than the actual price.

Borrow: Raw material - * material (planned unit price * quantity).

Credit: Material cost variance (planned price is greater than actual price).

Borrow; Bank Deposit Why (6000-40)*10??? Isn't it 6000*10?? ）

Because the actual weight turned out to be 6000, there should be a loss of 40kgSo it's (6000-40)*10

If it is 6000*10 accounting, what is the impact of the material cost difference of 1000?

The reduction of the planned price is the amount of the actual material variance:

Borrow: raw materials 60,000

Credit: Material cost variance 1000

Credit: Material Procurement 59000

1. As mentioned in the title, the planned cost method refers to the use of planned price (fixed amount) to account for cost items, and there is no direct collusion relationship with reasonable loss;

2. Generally, reasonable loss belongs to actual performance, that is, the actual cost has included reasonable loss, and the reasonable loss referred to in the title does not need to be calculated separately; Or use another perspective to think about the reasonable loss when formulating the plan quota;

3. It can be seen that regardless of whether the planned cost accounting method or the actual cost method is adopted, the reasonable loss is a performance item, which has been included in the actual cost and expense incurred and accounted for together, and it is of little significance to calculate it separately.

The title is wrong, and small-scale taxpayers will not receive special invoices. Small-scale taxpayers take the tax-inclusive price as the total cost of procurement.

Therefore, the cost difference of material A is (102000+17340+1400+359) 20 5995 1199 (yuan).

Under the planned cost method, the number of warehousing is the actual morning warehousing quantity, and ** is the plan. Generally speaking, the reasonable wear and tear is accounted for under the planned cost method and the lead is included in the material cost difference. The specific accounting treatment is as follows:

Borrow: raw materials, credit: material procurement, material cost differences.