How do I carry over my inventory? How do I carry over my inventory?

For example, when the goods purchased by the general taxpayer are put into storage: borrowed:

Goods in stock Tax payable – VAT payable (input tax) Credit: Bank Deposit 70 When selling the software: Debit:

Bank Deposits 110 Credit: Income from Main Business Tax Payable - VAT Payable (Output Tax) Carried Forward Cost: Borrow:

Cost of Main Business Credit: Inventory Goods At the end of the month, the income and costs are carried forward to profit: borrowed

Main business income Credit: Profit of the year Loan: Profit of the year Credit:

Cost of Principal Operations.

At the end of the period, the total sales of inventory goods should be calculated, and the cost should be carried forward to the main business cost account, and the accounting entries are:

Borrow: Cost of Sales Credit: Inventory Goods.

Businesses should set up"Inventory items"Accounts account for the increase and decrease of goods in inventory and their balances. When the goods are inspected and stored in the warehouse, they should be carried out by"Production costs"Subjects are transferred"Inventory items"Subjects; When selling inventory goods externally, the corresponding accounting treatment is carried out according to different sales methods; Inventory commodities such as construction in progress shall be transferred according to their cost.

Main Business Cost Account:

1. Account nature: expense account.

2. Account purpose: Accounting for the direct costs that must be invested in the production and sale of products or services related to the main business, mainly including raw materials, labor costs (wages) and depreciation of fixed assets.

3. Account structure: the debit is increased, and the main business costs incurred in the registration are registered; Credits are recorded as decreased, and the cost of principal operations is registered and carried forward; At the end of the period, the balance of this account shall be transferred into"Profit for the year"account, after the carryover, there should be no balance in this account.

4. Detailed account: Set up detailed accounts according to the type of main business and carry out detailed accounting.

The accounting entries when selling a product are:

Borrowing bank deposits, accounts receivable, etc.

Tax Payable - VAT Payable (Output Tax).

The cost of the product is carried forward as soon as the product is sold.

Borrow: Cost of main business.

Credit: Inventory of goods.

Therefore, the cost carried forward is the production loan of this sale: the cost of the main business.

Credit: Inventory of goods.

The entries are right, you mean how to calculate the valuation, because there is the cost price of the previous month's warehousing when warehousing, and there is the cost price of this month's warehousing, which price should be calculated, if the production is made with the first-in-first-out method, the cost price of the previous month will be transferred out first. The cost price of this month is still on the account of the inventory item, and it will be transferred to the next sale.

1.When carrying forward the cost of finished goods (inventory goods), it is based on the production cost allocation table and the finished goods warehousing document

Borrow: Inventory of goods.

Credit: Production costs.

2.When carrying forward the cost of sales, according to the invoice of the sold goods, according to the prescribed valuation method:

Borrow: Cost of main business.

Credit: Inventory of goods.

3.At the end of the period, the cost of sales will be transferred to the profit of the current year

Borrow: Profit for the current year.

Credit: Cost of Principal Operations.

1.You can tentatively estimate the cost according to the average profit rate of the industry and carry forward the cost, which is the most helpless method, and it is difficult to say whether the tax bureau recognizes it.

2.You can also deduct the remaining materials after the completion of your project according to your purchase documents as your cost carry-over. This is a slightly better method, but from an audit point of view, the carry-over is still more arbitrary, and it may still be denied by the tax bureau.

3.It is recommended that you thoroughly standardize the process, which is the fundamental solution. For example, the materials are not put into storage, but there must be a special person responsible for the purchase control, the purchase amount is controlled, the remaining materials are stored and then controlled, and then the material picking link in the project is controlled.

If you want to do a good business, especially financially, it is better to be more standardized.

1。Borrow: production costs.

Credit: Inventory of goods.

2.Borrow: Cost of main business.

Credit: Inventory of goods.

3.Borrow: Profit for the current year.

Credit: Cost of Principal Operations.

Management fees. Finance Expenses.

Summary. 1. Month-end treatment of inventory commodities in industrial accounting: 1

Finished products in the production workshop are transferred out: borrow: inventory goods, credit:

Production costs2.Carry forward the cost of product sales for this month, borrow: cost of main business, credit:

Inventory items1. Month-end treatment of inventory commodities in industrial accounting: 1The finished products of the Shengsan filial piety workshop are transferred out:

Borrow: Inventory of goods, Credit: Production costs; 2.

Carry forward the cost of product sales for this month, borrow: main business cost, credit: inventory merchant town comic products.

2. When the cost of sales is carried forward at the end of the month of a commercial enterprise, the accounting entries are: borrow: main business cost credit: inventory goods.

At the end of the period, the total inventory sales shall be calculated and carried forward to the main business cost account. The accounting entries are as follows:

Borrow: Cost of main business.

Credit: Inventory of goods.

Enterprises should establish an account of inventory goods to account for the increase, decrease and balance of inventory goods. After passing the acceptance, the "production cost" is converted to inventory. When selling inventory goods to the outside world, the corresponding accounting treatment should be carried out according to different sales methods; Inventory, such as inventory under construction, should be transferred at its cost.

Main Operating Costs Account:

1. Nature of account: reimbursement account.

2. Accounting purpose: to calculate the direct costs that must be invested due to the production and sale of products or services related to the main business, including raw materials, labor (wages) costs and depreciation of fixed assets.

3. Account structure: increase the debit side and register the cost of the main business; Reduce credit and carry forward the bookkeeping costs of the main business; At the end of the period, the balance of the account is transferred to the profit account of the current year, and after the carryover, the account shall not have any more balance.

4. Detailed account: Set up detailed accounts according to the type of main business and carry out detailed account accounting.

According to your sales situation, the carry-over inventory of goods is based on the inventory cost of the products you sell out of the month, for example, you have 100 pieces of inventory products, the cost of each piece is 50, and 20 pieces are sold this month, and the carry-over is the cost of 50 per piece of these 20 pieces, that is, 1000

For example, when the goods purchased by the general taxpayer are put into storage:

Borrow: Inventory of goods.

Tax Payable – VAT payable (input tax).

Credit: Bank Deposit 70

When selling the software:

Debit: Bank deposit 110

Credit: main business income.

Tax Payable - VAT Payable (Output Tax).

Also carry forward costs:

Borrow: Cost of main business.

Credit: Inventory of goods.

At the end of the month, revenues and costs are carried forward to profit

Borrow: main business income.

Credit: Profit for the year.

Borrow: Profit for the current year.

Credit: Cost of Principal Operations.

1. The carry-over process of production costs and sales products is as follows:

At the end of the month, the manufacturing expense allocation is carried forward to the production cost of each product according to the method.

Borrow: production costs.

Credit: Manufacturing expenses.

The cost of production is allocated between the finished product and the product, for the transferred inventory goods that are allocated to the finished product.

Borrow: Inventory of goods.

Credit: Production costs.

For the production cost account that is assigned to the product in the continuation.

The cost of sales is carried forward, and the production cost is carried forward according to the quantity sold and the corresponding quantity.

Borrow: Cost of main business.

Credit: Inventory of goods.

2. Production cost, also known as manufacturing cost, refers to the cost of production activities, that is, the cost incurred by the enterprise to produce products. Production cost is a monetary representation of the utilization of various resources in the production process, and is an important indicator to measure the technology and management level of an enterprise.

3. Product sales refer to the sales of finished products, substitute products, substitute repair products, self-made semi-finished products and other products and industrial operations.

The method of carrying forward costs for inventory goods is as follows:1. When purchasing inventory goods, the accounting entries are as follows:

Debit: Tax payable on inventory goods – VAT payable (input tax).

Credit: bank deposits, accounts payable, etc.

2. When selling inventory goods, you can deal with it like this:

Debit: Bank Deposits, Accounts Receivable Missing.

Credit: Taxes Payable - VAT Payable (Output Tax).

3. When the main business income is carried forward to the cost of inventory goods, the specific accounting entries are as follows:

Borrow: Cost of main business.

Credit: Inventory of goods.

Precautions for year-end carry-forwardEnterprises should set up the account of inventory commodities to account for the increase, decrease, change and carry-over of inventory commodities. When the goods are checked into the warehouse, they can be transferred to the production cost account in the inventory goods account. When the inventory goods are sold to the outside world, the accounts should be handled accordingly in different sales methods.

For goods in stock such as projects under construction, they shall be transferred according to their costs.

For the detailed account of the inventory goods, it shall be set up accordingly according to the type, variety and specification of the inventory goods of the enterprise. For example, commodities that have been sent out but have not gone through the collection procedures, and commodities sent to the exhibition for exhibition should be separately set up and accounted for.

At the end of the month, the inventory goods do not need to be carried forward, and if the main business cost is carried forward, only the inventory goods sold out in the current month need to be carried forward, and the inventory goods that are not sold do not need to be processed. So how do you make accounting entries for goods in the carry-forward? You can see whether all the inventory items at the end of the month need to be carried forward to the content of the article, and which accounting accounts are set.

Can all the inventory goods at the end of the month be carried forward to travel hunger?

First of all, it is certainly not right to carry forward all the items in stock at the end of the month. The main cost of carry-over is only to carry forward the inventory goods sold out in the current month, and the inventory goods that are not sold do not need to be processed in any way.

Carry-over inventory commodities is to calculate the cost of the goods sold in the current month at the time of purchase, and in the case of many varieties of inventory commodities, they should be recorded according to the major categories, and the inventory commodity account should be prepared according to the sales of the current month. Doing so will make it easier to carry over at the end of the month.

Note that there may be some differences in the cost carried forward at the end of the month, depending on whether the costing is based on a first-in, first-out method or a different method.

Accounting entries for goods carried forward in inventory

1. When selling products:

Debit: bank deposits, accounts receivable, etc.

Credit: main business income.

Tax Payable - VAT Payable (Output Tax).

2. Carry forward the product cost immediately after the product is sold, and make the following entries:

Borrow: Cost of main business.

Rebate: Inventory goods.

Therefore, the cost carried forward is the product that is sold.

Borrow: Cost of main business.

Credit: Inventory of goods.

What is the item in stock

Inventory commodities include finished products in stock, commodities stored in the store department, commodities stored outside, purchased commodities, commodities issued for exhibition, substitute products processed and manufactured with incoming materials, etc. It refers to all kinds of commodities that the enterprise has completed the production process and has been inspected into the warehouse, meets the standard specifications and technical conditions, can be delivered to the ordering unit according to the conditions agreed in the contract, or can be sold as commodities and the products purchased or commissioned to be processed to complete the inspection and receipt of the warehouse for sale.

For inventory items, actual and planned costs can be accounted for. Set up the Inventory Goods account, where the cost of inventory goods is debited and the cost of inventory goods issued is credited.

The accounting entries of the carry-over inventory commodities are distributed with the sales of products, the cost of the products carried forward immediately after the sale of the products, the cost of the carry-over is the products sold, etc., the sales products are debited bank deposits, accounts receivable, and credited to the main business income of the account for accounting, so how to write the entries in the rest of the situation, please seeWhether the inventory items at the end of the month need to be carried forward in fullIf you don't understand, ask the teacher of the accounting coach.

Carry forward inventory goods, materials, labor, and expenses.

1. When purchasing inventory and taking Lu Nian goods, the accounting entries are: debit: tax payable on inventory goods - VAT payable (input tax relief) credit:

Bank deposits, accounts payable, etc. 2. When selling inventory goods, the accounting entries are: debit: bank deposits and accounts receivable credit:

Taxes payable on main business income - VAT payable (output tax) 3. Carry forward the cost of goods in inventory, accounting entries: debit: main business cost credit:

4. Inventory commodity loan cost of raw materials and manufacturing costs.

Summary. Cost carry-forward mainly includes: allocating and carrying forward manufacturing expenses, calculating and carrying forward the production cost of finished products, and calculating and carrying forward the cost of sales of sold products

1. Allocation and carry-over of manufacturing costs; Calculate the manufacturing cost allocation rate; Manufacturing cost allocation rate = total manufacturing cost Total man-hours of production workers Calculate the manufacturing cost to be borne by various products; The manufacturing cost to be borne by a certain product = the man-hours of the production workers of the product Allocation rate Carry-over entries are prepared according to the calculation results; The accounting entries are: Debit: Production Cost Credit:

2. Calculation and carry-over of manufacturing costs of finished products; The total manufacturing cost of the finished product this month = the cost of the product at the beginning of the month + the production cost of the month - the unit manufacturing cost of the finished product at the end of the month = the total manufacturing cost of the finished product in the month The number of finished products in this month needs to set up the "finished product" account in order to reflect the increase or decrease of the finished product. Borrow: Finished product loan:

3. Calculation and carry-over of production cost and cost of sales; The finished products are completed and put into storage, the amount is the cost of the products completed in the previous period and the current period, and the finished products sold and issued may be completed and put into storage in the current period, or they may be completed and stored in the previous period or in the early stage, and the unit production cost of each batch of finished products is different, so it is necessary to calculate and determine with a certain valuation method. In each accounting period, the enterprise must allocate the cost of finished products in inventory at the beginning of the period and the cost of products from products that are completed and put into storage at the end of the period between the finished products sold in the current period and the finished products in the end of the period.

The production was stopped in the same month, and only the production wages were paid, how to carry forward the inventory goods?

How to choose the second-level subjects.

Cost carry-over mainly includes: allocating and carrying forward manufacturing expenses, calculating and carrying forward the production cost of finished products, calculating the cost of sales of sold products, and referring to: 1. Allocation and carry-over of manufacturing expenses; Calculate the manufacturing cost allocation rate; Manufacturing cost allocation rate = total manufacturing cost Total man-hours of production workers Calculate the manufacturing cost to be borne by various products; The manufacturing cost to be borne by a certain product = the man-hours of the production workers of the product Allocation rate Carry-over entries are prepared according to the calculation results; The accounting entries are:

Borrow: Production Cost Credit: Manufacturing Expenses 2, Calculation and Carryover of Manufacturing Costs of Finished Products; The total manufacturing cost of the finished product this month = the cost of the product at the beginning of the month + the production cost of the month - the unit manufacturing cost of the finished product at the end of the month = the total manufacturing cost of the finished product in the month The number of finished products in this month needs to set up the "finished product" account in order to reflect the increase or decrease of the finished product.

Borrow: Finished product loan: production cost 3, calculation and carry-over of cost of sales; The finished products are completed and put into storage, the amount is the cost of the products completed in the previous period and the current period, and the finished products sold and issued may be completed and put into storage in the current period, or they may be completed and stored in the previous period or in the early stage, and the unit production cost of each batch of finished products is different, so it is necessary to calculate and determine with a certain valuation method.

In each accounting period, the enterprise must allocate the cost of finished products in inventory at the beginning of the period and the cost of products from products that are completed and put into storage at the end of the period between the finished products sold in the current period and the finished products in the end of the period.