What is included in the total cost of purchase, and what is included in the cost of procurement of i

Total costs include operating costs, three expenses (selling expenses, administrative expenses, finance expenses), research and development expenses, taxes and surcharges.

That is, the total cost of producing and selling all products over a certain period of time.

1.According to traditional financial accounting theory, the recognition of expenses should be linked to profits. The principle of proportioning is very important here, to identify which costs belong to the consumed costs, which should be accrued as expenses for the current period and included in the income statement accordingly; Identify which costs are unspent and should be included in the balance sheet as assets; Instruct people to distinguish between the different connections between various expenses and income in order to allocate various types of expenses.

2.In the design of the accounting system, the basic concept of historical cost measurement and the principle of matching revenue and cost was chosen, and accountants were required to take a cautious attitude in handling accounting matters. Business assets are treated as an "unamortized cost" and are measured according to the historical cost principle.

3.The information used in financial cost accounting is the actual production cost, unit consumption level and distribution standard, etc., and the accounting must be based on the relevant accounting vouchers, and the accounting must be processed after accounting, and the cost report must be prepared regularly. The contents, methods, and principles of accounting must conform to the relevant provisions of the state's financial system and cost accounting regulations.

According to Article 6 of Accounting Standard for Business Enterprises No. 1 - Inventory, the purchase cost of inventory includes the purchase price, relevant taxes, transportation costs, handling costs, insurance premiums and other expenses attributable to the cost of inventory purchase.

Therefore, the total cost of purchase includes the purchase price, relevant taxes (VAT general taxpayers do not include VAT input tax), transportation costs, handling costs, insurance premiums and other expenses attributable to the cost of inventory purchase.

If you just buy goods, you only need to consider the ** and freight of the goods.

The cost of imported goods includes the unit price of the goods, freight, insurance, exchange rate, bank charges, etc. 2.Customs Taxes:

Imported goods need to be quarantined and inspected, and corresponding fees need to be paid. 4.**Cost:

If you need to entrust a third party to handle the import procedures for your own acre, you need to pay the first fee. 5.Storage Fees:

After the customs review is completed, the Changcheng section of the imported goods needs to be put into storage, and storage fees need to be paid. 6.Logistics costs:

Including port handling fees, transportation fees, lease renewal fees, etc. 7.Bank Charges:

Including remittance fees, telegram fees, letter of guarantee fees, bank guarantee fees, etc. 8.Other Expenses:

Such as cargo insurance, customs declaration fees, translation fees, handling fees, etc.

(1) The purchase price of inventory refers to the price listed on the invoice of the materials or commodities purchased by the enterprise, but does not include the value-added tax that can be deducted according to the regulations.

2) The relevant taxes and fees on inventory refer to the import duties, consumption taxes, resource taxes and non-deductible VAT input taxes incurred by enterprises in the purchase of inventory, as well as the corresponding education surcharges and other taxes and fees that should be included in the cost of inventory purchase.

3) Other expenses attributable to the cost of inventory procurement refer to the expenses attributable to inventory procurement in addition to the above items in the procurement cost, such as storage fees, packaging costs, reasonable wear and tear in transportation, and selection and sorting costs before warehousing.

Procurement cost: refers to the logistics costs related to the procurement of raw materials and components, including the cost of purchase orders, the management expenses of procurement plan makers, and the management costs of procurement personnel. For general taxpayers, the cost of procurement does not include input tax; However, for small-scale taxpayers, input VAT is included in their purchase costs.

<>1. The purchase price of the inventory

It refers to the price listed on the invoice of the materials or commodities purchased by the enterprise, but does not include the amount of VAT that can be deducted according to the regulations.

Taxes on inventory

It refers to the import duties, consumption taxes, resource taxes, non-deductible input VAT and corresponding education surcharges incurred by enterprises in the purchase of inventory, which should be included in the cost of inventory purchase. The VAT paid by small-scale VAT taxpayers for the purchase of inventory cannot be deducted and should be included in the purchase cost of inventory.

3. Other expenses attributable to the cost of inventory procurement

It refers to the expenses attributable to inventory procurement in the procurement cost except for the slag loss, such as the late cost of warehousing, packaging costs, reasonable wear and tear during transportation, and the cost of selection and sorting before warehousing.

The type of expense

1. Direct procurement costs

It refers to the expenses that can be directly recognized as being borne by a certain material when incurred, and the expenses are directly charged to the procurement cost of various materials after they are incurred.

2. Common procurement costs

It refers to the procurement cost that should be borne by a variety of materials, and the cost should be allocated to the procurement cost of various materials after the occurrence of a certain standard, and the distribution standard mainly includes the purchase quantity, **, etc.

The cost of purchasing inventory is described as follows

Inventory costs include procurement costs, processing costs, and other costs. The procurement cost mainly includes the purchase price, relevant tax loss distribution fees, transportation costs, loading and unloading costs, etc.; Processing costs mainly include direct labor and manufacturing expenses; Other costs refer to other expenses other than the first two incurred in bringing inventory to its current premises and condition.

What is included in the cost of inventory:

1) Acquisition costs. It refers to the cost of purchasing goods and obtaining ownership of goods, usually including the purchase price of goods, transportation and miscellaneous expenses, loading and unloading fees, etc. It mainly depends on two factors: the quantity of goods purchased and the cost per unit acquisition.

2) Order cost. It refers to the relevant expenses incurred in ordering goods, including the cost of the purchasing department, the document processing fee in the process of ordering, the postal and telecommunications fee, etc.

It can be divided into two parts, variable and fixed, in which the variable order sales cost is the cost directly related to the number of orders, and the fixed order cost is the necessary cost to maintain the normal activities of the purchasing department.

3) Storage costs. It refers to the expenses incurred in the storage process, including depreciation costs, repair costs, insurance premiums and interest on occupied funds of warehouse buildings.

It can also be divided into two parts, variable and fixed, where the variable storage cost refers to the expenses directly related to the storage quantity, and the fixed fuel storage cost is the necessary expenses to maintain a certain storage capacity.

4) Out-of-stock costs. It refers to the economic losses caused by the failure to store sufficient inventory to meet the needs of production and operation, such as the loss of work stoppage caused by inventory shortage, the loss of profit margins due to the production of less products, the fines paid due to late delivery, and the loss of goodwill.

The cost of stockouts depends on the amount of insurance reserves, the higher the amount of insurance reserves, the less likely it is to be out of stock, and the lower the cost of stockouts; Conversely, the higher the likelihood of being out of stock, the higher the cost of running out of stock.

Inventories should be initially measured at cost. Inventory costs include procurement costs, processing costs, and other costs. The cost of inventory purchase includes the purchase price, relevant taxes, transportation costs, handling costs, insurance premiums and other expenses attributable to the cost of inventory purchase.

Processing costs and other costs are not included in the scope of procurement costing.

The purchase cost of inventory includes the purchase price, relevant taxes, transportation costs, loading and unloading costs, insurance premiums and other direct expenses incurred in the process of purchasing inventory, but does not include the amount of value-added tax that can be deducted in accordance with the tax law.

Unreasonable loss in transit, the cause to be investigated, included in the profit and loss account of property to be disposed of, and the accounting treatment is:

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

Credit: raw materials, etc.

Pending property loss and overflow"Accounts for the profit, loss and damage of various property materials identified by the company in the process of property inventory. This account is set under this account"Pending fixed asset loss or overvalue"with"Pending losses and overpayments of current assets"Two active accounts. This account is credited when there is a profit, and debited when there is a loss.

Pending property gains and losses are asset-class accounts. The account code is 1901.

The "Pending Property Loss and Loss" account is temporary. When the profit and loss of the enterprise's property are recorded in the account, once approved, the accounting treatment will be carried forward according to the approved results.

And in general, the amount of funds occupied by the account is small, and it is not easy to attract the attention of tax inspectors. However, the carry-over of property and material profits and losses in this account is directly related to the costs and expenses of the enterprise and non-operating income and expenditure, so the account is an account that is prone to fraud, and its impact on tax payment cannot be ignored.

In general, VAT on the purchase of raw materials will be deducted, so VAT is not included in the cost of material purchases.

Inventory purchase costs: including the purchase price (net of commercial discounts), relevant taxes (customs duties, consumption tax, resource tax, non-deductible value-added tax, etc.), transportation costs, handling costs, insurance premiums and other expenses attributable to inventory purchase costs.