At present, low value consumables are amortized by 50 into what expenses

According to the different departments of use, they are included in management expenses, sales expenses, manufacturing expenses, and production costs.

It still depends on which department uses it, the management department's management expenses, or operating expenses.

Recording and amortization of low-value consumables:(1) At the time of purchase (assuming that a special VAT invoice is obtained):

Borrow: Turnover materials – low-value consumables.

Tax Payable – VAT payable (input tax).

Credit: bank deposits, etc.

2) When receiving:

Borrow: Turnover materials – low-value consumables – in use.

Credit: Turnover materials - low-value consumables - in stock.

3) Amortization of half of its value at the time of first receipt:

Borrow: manufacturing costs.

Credit: Turnover Materials – Low-Value Consumables – Amortization.

4) Amortization of half of its value at the second use:

Borrow: manufacturing costs.

Credit: Turnover Materials – Low-Value Consumables – Amortization.

At the same time: borrow: turnover materials - low-value consumables - amortization.

Credit: Turnover materials – low-value consumables – in use.

Amortization method for low-value consumables:1. One-time amortization method. The one-time amortization method refers to the method of including the full value of low-value consumables in the relevant costs at one time when receiving them.

2. Five-five amortization method. The five-five amortization method refers to an amortization method that amortizes half of the book value of low-value consumables when they are used, amortizes the other half of their book value when they are scrapped, and writes off the total cost.

First, the method of accounting:

One-time amortization method, five-five amortization method.

2. Amortization method:

1. The amount is small and the one-time amortization method is adopted.

At the time of purchase. Borrow: Low-value consumables - low-value consumables in the inventory.

Credit: Cash, Bank Deposits, Accounts Payable.

At the time of receiving. Borrow: Administrative Expenses Manufacturing Expenses.

Credit: Low-value consumables - low-value consumables in the warehouse.

2. If the amount is large, use the five-five amortization method.

At the time of receiving. Borrow: Low-value consumables - Low-value consumables in use.

Credit: Low-value consumables - low-value consumables in the warehouse.

Five-five amortization. Borrow: Administrative expenses.

Credit: Low-value consumables - Amortization of low-value consumables.

The accounting treatment for the one-time amortization of low-value consumables is as follows:

Low-value consumables belong to the "Low-value consumables" first-level detailed account under the "Circulating Materials" general ledger account, and can also be set separately as the "low-value consumables" account. Low-value consumables refer to various utensils that cannot be accounted for as fixed assets, as well as containers that are repeatedly used in the course of business. Such as tools, management utensils, glassware, etc.

The difference between office supplies and office supplies is that office supplies refer to office use, such as paper, archival supplies, desktop products, office equipment, etc.

Low-value consumables can generally be divided into the following according to their use:

General tools: A variety of tools that are directly used in the production process. Such as knives, fixtures, molds and other auxiliary tools. Special tools: Refers to all kinds of tools that are specially used in the production of various products or are only used in a certain process. Such as special molds, special fixtures, etc.

Replacement equipment: refers to all kinds of equipment that is easy to wear, frequently replaced, or needs to be replaced for the production of different products. For example, rolling rollers for rolling steel and ingot dies for casting steel ingots.

Packaging containers: refers to all kinds of packaging items that are used for internal turnover of enterprises and are neither rented nor lent. For example, wooden barrels and porcelain jars for storing materials and goods.

Labor protection articles: refers to safety helmets, work clothes and various protective equipment issued to workers for labor protection. Management Tools:

Refers to all kinds of furniture and office supplies used by management departments and managers. Such as filing cabinets, typewriters, etc. Other low-value consumables:

It refers to the low-value consumables that belong to the above categories.

If the amortization of low-value consumables needs to be included in the accounting according to the purpose, it may be included in the accounting of management expenses, sales expenses, manufacturing expenses and other accounts. The accounting treatment of the amortization of low-value consumables is: debit: management expenses, sales expenses, manufacturing expenses and other accounts, credit:

Circumferential materials - low-value consumables.

If the turnover materials of low-value consumables and other enterprises meet the definition and conditions of inventory, they shall be included in the cost according to the number of uses. If the amount is small, it may be included in the cost at one time when it is received, but in order to strengthen the management of physical objects, it shall be registered in the reference book.

The amortization method is used to amortize low-value consumables, and the low-value consumables are amortized at the time of amortization. The amortization method is suitable for low-value consumables that can be used again and again. In the case of the amortization method, it needs to be set separately"Turnover materials – low-value consumables – in use""Turnover materials – low-value consumables – in stock""Turnover materials - low-value consumables - amortization"Active Accounts.

1) When receiving:

Borrow: Turnover materials – low-value consumables – in use.

Credit: Turnover materials - low-value consumables - in stock.

2) Amortize half of its value when it is first received:

Borrow: manufacturing costs.

Credit: Turnover Materials – Low-Value Consumables – Amortization.

3) Amortization of half of its value at the time of the second use:

Borrow: manufacturing costs.

Credit: Turnover Materials – Low-Value Consumables – Amortization.

At the same time: borrow: turnover materials - low-value consumables - amortization.

Credit: Turnover materials – low-value consumables – in use.

Three methods of amortization accounting operational issues:

In"One-time amortization method"Because the full value of the low-value consumables is included in the relevant costs and expenses at one time when they are first put into use, and the books no longer reflect the low-value consumables that have been put into use, the low-value consumables that have been used and have not yet been scrapped form off-the-books assets during the service life of the low-value consumables, which undoubtedly increases the management difficulty of the low-value consumables in use. At the same time,"One-time amortization method"It also does not meet the requirements of the accrual principle, especially for large, durable and low-value consumables. While"Amortization method"This will not be the case.

Amortization method"Below, the requirements are in"Low-value consumables"Account settings"Low-value consumables in the library"、"Low-value consumables are in use"with"Amortization of low-value consumables"Three secondary accounts account for the cost of unused low-value consumables in inventory, the historical cost of low-value consumables in use, and the amortization of the value of used low-value consumables.

Of the three amortization methods,"Five-five amortization method"The accounting operation is the simplest, it does not need to be like"Amortization method"That requirement to determine the amortization period is also not required as"Downgrading amortization"Nazi Pure Sample requires the determination of the grade of low-value consumables and the unit value standard of each grade, and only needs to amortize 50% of the value of low-value consumables when they are put into use and scrapped. In addition, with"One-time amortization method"comparatively,"Five-five amortization method", no off-the-books assets will be formed.

Legal analysis: The part of individual income tax withheld and paid by enterprises for employees should be included in the accounting account of management expenses. Management fees include:

1. Company expenses: salaries of headquarters management personnel, employee welfare expenses, travel expenses, office expenses, board dues, depreciation expenses, repair costs, material consumption, amortization of low-value consumables and other company expenses; 2. Labor insurance premiums refer to the pensions, subsidies, medical expenses (including medical insurance for retirees), settling-in allowances, retirement allowances, funeral subsidies for the death and funeral of employees, pensions, various expenses paid to retired cadres according to regulations, and the implementation of social co-ordination**; Unemployment insurance premiums refer to the unemployment insurance paid by enterprises in accordance with national regulations**; 3. Board of Directors dues refer to the various bridge expenses incurred by the most senior authority and its members in order to perform their functions, including travel expenses, meeting expenses, etc. 4. Other expenses If the business entertainment expenses directly related to production and operation of the enterprise are directly related to the production and operation, the taxpayer can provide true and valid vouchers or materials, and the expenses shall be allowed to be included as expenses within the following limits. Therefore, the part of individual income tax withheld and paid by the enterprise for employees should be included in the management expense account.

Legal basis

Civil Procedure Law of the People's Republic of China》 Article 118: Parties conducting civil litigation shall pay case acceptance fees in accordance with provisions. In addition to the case acceptance fee, other litigation fees shall be paid in accordance with regulations. Where parties have real difficulties in paying litigation fees, they may apply to the people's court for a delay, reduction, or waiver of payment in accordance with provisions.

The measures for collecting litigation costs shall be formulated separately.