How to account for the increase and decrease of inventory items

When there is a decrease in inventory.

1) When carrying forward the cost of goods sold.

Borrow: Cost of main business.

Credit: Inventory of goods.

2) When you lose money.

Borrow: Profit or loss on property to be disposed of.

Credit: Inventory of goods.

3) When donating goods.

Borrow: Non-operating expenses.

Credit: Inventory of goods.

Extended Materials: Accounting Entries.

Also known as the "bookkeeping formula". Abbreviated as "entries". It is based on double-entry accounting.

The principle requires that each economic transaction be listed in a record of the corresponding accounts of both parties and their amounts.

Before registering an account, pass the accounting voucher.

The preparation of accounting entries can clearly reflect the classification of economic operations, which is conducive to ensuring the correctness of account records and facilitating post-event inspection.

Each accounting entry mainly consists of the accounting symbol, the relevant account name, summary and amount. There are two types of accounting entries: simple entries and compound entries.

Simple entries are also called "single entries". Refers to an accounting entry that corresponds to the debit of one account and the credit of another. Compound entries are also known as "multiple entries".

It refers to an accounting entry that corresponds to the debit of one account and the credit of several accounts, or the credit of one account to the debit of several accounts.

Method. Chromatography.

Tomography refers to a method of solving problems that divides the development process of things into several stages and levels, and analyzes them layer by layer, so as to finally obtain results. The use of tomography to compile accounting entries is intuitive and clear, and the ideal teaching effect can be obtained, and the steps are as follows:

1. Analyze and list the accounting subjects involved in economic business.

2. Analyze the nature of accounting accounts, such as asset accounts, liability accounts, etc.

3. Analyze the increase and decrease of the amount of each accounting account.

4. According to the steps, the direction of the accounting account is judged in combination with the economic content (increase or decrease) reflected by the borrower and borrower of various accounts.

5. Prepare accounting entries according to the bookkeeping rules that there must be loans and loans must be equal.

This method is very effective for students to know exactly the accounting subjects involved in the accounting business, and is more suitable for the preparation of individual accounting entries.

Business Chain Method. The so-called business chain method refers to the preparation of accounting entries according to the sequence of accounting transactions, the formation of a continuous business chain, and the existence of a connected relationship between accounting entries before and after business.

This method is more effective for continuous economic business, especially for the direction of bookkeeping that is easy to be mistaken.

Accounting rules method.

The so-called bookkeeping rule method refers to the use of bookkeeping rules "there must be a loan, and the loan must be equal" to prepare accounting entries.

Inventory items. increased situation.

1) When purchasing a product.

Borrow: Inventory of goods.

Debit: Tax Payable - VAT (Input Tax).

Credit: bank deposits, etc.

2) When the product is profitable.

Borrow: Inventory of goods.

Credit: Pending Property Gains and Losses.

3) When accepting donated goods.

Borrow: Inventory of goods.

Credit: Non-operating income (or capital reserve).

2. The situation of a decrease in inventory goods.

1) Carry over the sale of goods. Cost. Time.

Borrow: Cost of main business.

Credit: Inventory of goods.

2) When you lose money.

Borrow: Profit or loss on property to be disposed of.

Credit: Inventory of goods.

3) When donating goods.

Borrow: Non-operating expenses.

Credit: Inventory of goods.

1. When the inventory is higher than its net realizable value, the enterprise shall make the following entries according to the difference between the net realizable value of the inventory and the cost:

Borrow: Asset Impairment Loss - Provision for Decline in Value of Inventory, Credit: Provision for Decline in Value of Inventory.

2. When the provision for inventory decline that has been withdrawn is reversed, the following entries shall be made according to the amount recovered:

Loan: Provision for Decline in Value of Inventory, Credit: Impairment Loss of Assets - Provision for Decline in Inventory of Xunshu.

3. When the enterprise carries forward the cost of inventory sales, the following entries are made for the provision for the decline in the price of the inventory:

Borrow: Provision for decline in inventory value, Credit: Main business into the spine Changyun capital (other business costs).

The reduction of inventory goods should be treated accordingly according to different sales methods, generally in the following aspects:

1. The sale of goods by the enterprise leads to a decrease in inventory

Borrow: Cost of main business.

Credit: Inventory of goods.

2. If it is reduced due to the use of other departments, take the inventory goods received by the management department as an example, and the entries are as follows:

Borrow: Administrative expenses.

Credit: Inventory of goods.

Tax Payable – VAT payable (output tax).

3. At the end of the period, if the actual inventory is less than the book quantity, it will be treated as a loss and transferred to the corresponding account according to the corresponding processing results

Borrow: Profit or loss on property to be disposed of.

Credit: Inventory of goods.

Borrow: management expenses (part borne by the unit).

Other receivables (insurance, personal indemnity).

Credit: Pending property loss and overflow.

4. The use of goods for donations or investments leads to a decrease in inventory

Borrow: Non-operating expenses.

Credit: Inventory of goods.

The above entries are only examples of carry-forward costs, and if sales are involved, sales entries for inventory goods should also be made.

The reduction of the warehouse excavation round inventory goods should be carried out according to different sales methods for the corresponding accounting treatment, generally the following aspects:

1. The sale of goods by the enterprise leads to a decrease in inventory

Borrow: Cost of main business.

Credit: Lines with inventory goods.

2. If it is reduced due to the use of other departments, take the inventory goods received by the management department as an example, and the entries are as follows:

Borrow: Administrative expenses.

Credit: Inventory of goods.

Tax Payable – VAT payable (output tax).

3. At the end of the period, if the actual inventory is less than the book quantity, it will be treated as a loss and transferred to the corresponding account according to the corresponding processing results

Borrow: Profit or loss on property to be disposed of.

Credit: Inventory of goods.

Borrow: management expenses (part borne by the unit).

Other receivables (insurance, personal indemnity).

Credit: Pending property loss and overflow.

4. The use of goods for donations or investments leads to a decrease in inventory

Borrow: Non-operating expenses.

Credit: Inventory of goods.

The above entries are only judged to be an example of carry-over costs, and if sales are involved, sales entries for inventory goods should also be made.

How to do accounting treatment for the impairment of inventory merchants:

1. When the inventory is higher than its net realizable value, the enterprise shall make the following entries according to the difference between the net realizable value of the inventory and the cost:

Borrow: asset impairment loss - provision for decline in value of inventories sold in trillion branches, credit: provision for decline in value of inventories.

2. When the provision for inventory decline that has been withdrawn is reversed, the following entries shall be made according to the amount recovered:

Borrow: Provision for Decline in Value of Inventory, Credit: Impairment Loss on Assets - Provision for Decline in Value of Inventories.

3. When the enterprise carries forward the cost of inventory sales, the following entries are made for the provision for the decline in the price of the inventory:

Borrow: Provision for Inventory Decline, Credit: Cost of Sales (Other Operating Costs).

Inventory and inventory are an important part of enterprise operation, and how to effectively manage the storage of slag goods and inventory is an important topic in enterprise management. This article will introduce how to effectively manage inventory and inventory from the aspects of the definition of inventory practice, the purpose of inventory practice, the method of inventory practice, and the precautions of inventory practice.

1. Definition of the practice of profit and loss.

The practice of inventory profit and loss refers to the fact that an enterprise regularly conducts a physical inventory of inventory and inventory to determine the actual quantity of inventory and inventory, and compares it with the book quantity to determine the profit and loss of inventory and inventory.

Second, the purpose of the practice of profit and loss.

1.Determine the actual quantity of inventory and inventory in order to more accurately calculate the cost of inventory and inventory, as well as the revenue and profit of the business.

2.Check the quality of inventory and inventory to ensure that the quality of inventory and inventory meets the requirements of the enterprise.

3.Check the security of inventory and inventory to ensure the safety of inventory and inventory.

4.Check the management of inventory and inventory to ensure that the management of inventory and inventory meets the requirements of the enterprise.

3. The method of making profits and losses.

1.Formulate an inventory plan: Enterprises should formulate a reasonable inventory plan according to the actual situation, and determine the time, place, scope, and method of inventory.

2.Organize inventory: Enterprises should organize special personnel to conduct inventory, and determine the responsibilities and authority of inventory personnel.

3.Inventory: Enterprises should carry out physical inventory according to the inventory plan, according to the actual situation of inventory and inventory, and record the results of disc fiber removal point.

4.Statistical analysis: Enterprises should conduct statistical analysis of the inventory results to determine the profit and loss of inventory and inventory.

Fourth, the precautions for the practice of profit and loss.

1.Businesses should conduct regular counts to ensure the accuracy of inventory and inventory.

2.Enterprises should strictly follow the inventory plan to ensure the accuracy of the inventory.

3.Enterprises should strictly follow the results of the inventory to ensure the accuracy of inventory and inventory.

4.Businesses should conduct regular inspections of inventory and inventory to ensure the quality and safety of inventory and inventory.

5. Summary. The practice of inventory profit and loss is an important means for enterprises to manage inventory and inventory, and enterprises should conduct regular inventory to determine the actual quantity of inventory and inventory, and compare it with the book quantity to determine the profit and loss of inventory and inventory, so as to better manage inventory and inventory and improve the operating efficiency of the enterprise.

With a simple calculation formula, you can automatically add and subtract the town:

1. The report ** table contains the following:

2. Realize real-time automatic addition and subtraction of inventory

In the figure above, it should be set to minus 25 (- is a minus sign) when leaving the warehouse.

3. Formula description: the number of the actual inventory is the actual number of inventory.

4. Final renderings: