How to adjust the wrong accounting account?

The specific process is as follows: Step 1: The financial accountant reviews the original vouchers collected, reviews the legitimacy and authenticity of the bills, and signs the original vouchers after the audit and submits them to the financial manager for review and signature The second step:

Classify the original voucher signed by the financial manager and hand it over to the general manager for approval Step 3: Make the accounting voucher after the original voucher approved by the general manager, and print it for the financial manager to review.

There are two types of accounting account errors in accounting vouchers

1. If it is found before logging in, you can fill in a correct account again.

2. If it is found after logging in, it shall be corrected by the red letter correction method. First, fill in an accounting voucher that is the same as the original wrong voucher, and indicate in the summary column that "reverse the voucher No. XX of X year, x, month, x", and the amount is in red letters, according to which the account is registered, and the original error record is reversed. Then make a new correct accounting voucher and re-register the account.

Standardize operations. The first is to strictly review the data. Before each bookkeeping, the bookkeeping company should carefully check and review the production, preparation and acceptance procedures of the accounting list, cashier inventory table, etc., and strictly check the information review; At the same time, it also carefully instructed the bookkeeper to register the bank deposit and cash journal in accordance with the standardized methods and methods.

The second is timely and accurate bookkeeping. The bookkeeping company is more accurate and unified in handling accounting accounts, and the bookkeeping is more timely, and the bookkeeping is quarterly. Standardize participation in the preparation of village-level budget and final accounts.

Third, financial openness and transparency. After the bookkeeping company completes the bookkeeping and annual accounts every quarter, it will promptly go to the villages to publish the financial income and expenditure, and keep the video data of the public content.

As an accountant may encounter such a problem, I am really very careful, but I still can't avoid some small problems, at that time to be able to mess up the business is good, what if it spans a year? What if you didn't find it in time? What should I do?

Maybe everyone across the year will know to use the red letter to flush out the wrong voucher and then make a correct voucher, but it will involve the "previous year's profit and loss adjustment" this section of the uproar, so how to do it specifically, how to adjust? Let's take a look.

1) How should I adjust the subjects I made a mistake last year?

Debit: Other payables.

Credit: Prior Year Profit and Loss Adjustment.

Debit: Profit and loss adjustments for prior years.

Credit: Profit distribution – undistributed profit.

Note: At the same time, the beginning of this year's accounting statements will be adjusted.

Borrow: Bank deposit.

Credit: cash on hand.

Without affecting the profit of the previous year, the accounting accounts can be adjusted directly.

2) Adjust the wrong accounts.

1. Within the year.

Prepare the same accounting entries (in red) as the original erroneous entries, write off the wrong accounts, and then prepare the correct blue entries for adjustment, if cash and bank deposits are involved, then the red entries cannot be directly prepared for reversal, and the entries should be prepared according to the difference in the entries for adjustment.

2. Cross-year.

If it is found before the preparation of the final accounts of the previous year, the accounts of the previous year can be directly adjusted, and the adjustment can be made by the red-letter reversal method and the supplementary registration method; If it is found after the preparation of the final account statements, it is generally not possible to use the red-letter reversal method and the supplementary registration method, and it should be approved one by one in accordance with the relevant accounts, and the items that do not affect the profits of the previous year can be directly adjusted.