Accounting. Accounting for shipment of finished products (the most important)

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Accounting. Accounting for shipment of finished products (the most important)

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56. Accounting for the shipment of finished products

Accounting for the shipment (release of finished products to buyers (customers) in organizations is carried out on the basis of invoices.

As a standard form of invoice can be used "Invoice for the release of materials to the side" (form No. M-15).

The basis for issuing an invoice for the release of finished products in the warehouse, in the divisions of the organization is the order of the head of the organization or a person authorized by him, as well as an agreement with the buyer (customer).

On the basis of invoices for the release of finished products, the sales department issues invoices in two copies, the first of which is sent (transferred) to the buyer no later than 10 days from the date of shipment of the products (goods), and the second remains with the supplier organization for reflection in the sales book and charge of value added tax.

Upon shipment (release) of finished products, the amounts payable by the buyer are determined, a settlement document is drawn up and presented to him for payment.

The amounts payable by the buyer are recorded by the supplier in the debit of the settlement accounting account.

The amount paid by the buyer is reflected in the debit of cash accounts, and in the event of fulfillment of obligations by non-cash funds - in accounts of settlements with suppliers and contractors, in correspondence with the credit of the settlement account.

When organizing the accounting of production costs, the costs associated with the operation of the organization's own transport (costs of the transport department) are recorded on account 23 "Auxiliary production".

Part of these costs associated with the performance of work on the transportation of finished products, payable by buyers in excess of the price of finished products, is debited from the credit of account 23 "Auxiliary production" to the debit of account 44 "Sales expenses". The amounts presented for payment, including the amount of taxes due for the rendered transport services, are posted on the debit of the account of settlements in correspondence with the credit of the sales account.

The costs of the organization associated with the transportation of finished products, which are not payable by the buyer separately, are accounted for in the debit of account 44 "Sales costs" from the credit of account 23 "Auxiliary production".

The costs of transportation of finished products, performed by third-party organizations and persons, are recorded in the debit of the account for accounting for settlements from the credit of the corresponding accounts for accounting for cash or accountable amounts, including the amounts of value added tax paid on them.

Expenses subject to reimbursement by buyers of finished products are debited from the above account of settlements with debiting the account of settlements with buyers, including the amount of value added tax due (paid) to a third-party transport organization. This amount of value added tax is presented for payment to the buyer of the product.

The costs of transportation of finished products, performed by third-party organizations, not payable by buyers of products, are debited from the credit of the settlement accounting account to the debit of account 44 "Sales expenses", and the corresponding amount is debited to the debit of account 19 "Value added tax on acquired values".

Author: Kabkova E.N.

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