Accounting. Analysis of inventory results (most important)

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Accounting. Analysis of inventory results (most important)

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85. Analysis of inventory results

The discrepancies between the actual availability of material assets and accounting data revealed during the inventory are regulated in the following order.

Discovered surplus tangible assets at market value are accrued and credited to the financial results of the enterprise with the subsequent establishment of the causes of the surplus and the perpetrators.

Revealed lack material values within the norms of natural loss are written off to the costs of production and circulation. In this case, the norms of attrition are applied only when actual shortages are identified. If these norms approved by the legislation of the Russian Federation are absent, then the loss is considered as a shortage in excess of the norms.

Shortage and damage to material assetsexceeding the norms of natural loss are attributed to the perpetrators.

To summarize information on all types of settlements with an employee of an organization, except for payroll settlements and settlements with accountable persons, account 73 "Settlements with personnel for other operations". In the debit of this account, the amounts to be recovered from the perpetrators are credited to accounts 94 "Shortages and losses from damage to valuables" and 98 "Deferred income", 28 "Rejection in production" (for losses from defective products). In accounting, this business transaction is reflected in postings.

1. The amount of shortage of material assets presented for recovery from the perpetrators is reflected:

Debit account 73 "Settlements with personnel on other transactions"

Credit of account 94 "Shortages and losses from damage to valuables".

2. The difference between the amount to be recovered and the residual value of material assets is reflected:

Debit account 73 "Settlements with personnel on other transactions"

Credit of account 98 "Deferred income".

If the perpetrators are not identified or the court refuses to recover from the perpetrators, then losses from shortages and damage are written off to the financial results of the enterprise. In accounting, the lack of material assets discovered as a result of the inventory, if the perpetrators are not identified, is reflected in the entry:

Debit account 94 "Shortages and losses from damage to valuables"

Credit of account 01 "Fixed assets", 43 "Finished products", 10 "Materials", 41 "Goods", etc. - reflects the cost of the missing values.

For the purposes of taxation, the amount of write-off losses from shortages and damage is added to the amount of profit (loss) of the reporting period when calculating the tax base for income tax.

The documents submitted for registration of write-off of shortages of material assets and damage in excess of the norms of natural loss must contain decisions of the investigating or judicial authorities that confirm the absence of the perpetrators or the refusal to recover damages from the perpetrators, or a conclusion on the fact of damage to the values, which is issued by the technical control department or relevant specialized organizations (quality inspections, etc.).

Mutual offset of surpluses and shortages as a result of regrading can be allowed only as an exception for the same period in which the inventory took place, with the same verified financially responsible person, in relation to inventory items of the same name and in the same quantities.

Author: Kabkova E.N.

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