Property check refers
Monetary capital, physical assets, and current paymentsCheck or check, determine the actual number of storage, find out whether the number of storage and the actual number of storage is consistent with a dedicated method.
I. Concept of property inventory
Cause Analysis of non-conformity of accounts: natural loss during the custody of property and materials; Inaccurate measurement or inspection during the receiving and receiving of property, resulting in errors of excessive or less collection; poor management and lax systems can cause damage, loss, and theft of property. Record, omission, and error in the ledger records; unrecorded creden; unexpected disasters...
1. check and verify all assets. Features: large scope, large content, long time, and many participants. Situations requiring comprehensive inventory check: Before the end-of-year final accounts; Before the unit is withdrawn, merged, or changed to its affiliation; before Sino-foreign joint ventures or domestic joint ventures; Before the enterprise shareholding system transformation; carry out comprehensive asset assessment and pre-approval of assets; before the transfer of the Organization's main leaders;
2. Check and check part of the property and materials as needed. It mainly checks monetary funds, inventories, and other highly liquid properties. Features: small scope, small content, short time, few participants, but highly professional. Partial check generally includes the following items: cash should be checked once a day, bank deposits should be checked at least once a month with the bank, and bond and debt should be checked at least once or twice a year, all inventories should be checked by planning and focusing on spot checks, and valuables should be checked once a month.
3. Check the property and materials on a regular basis according to the schedule. Regular check is generally conducted at the end of the period. It can be a full check or a partial check. Before preparing an annual financial and accounting report, an enterprise shall thoroughly check its assets and verify its debts.
4. periodic inventory checks are conducted on a temporary basis based on the needs of property and materials. This is generally conducted on a local basis. Such as inventory inspection by replacement of property, materials, and storage personnel; Inventory of loss caused by Unexpected Disasters and other Serious losses; and temporary inspections conducted by relevant departments.
Ii. Significance of property inventory check 1. Identify the actual storage quantity of various property and materials, determine the difference between the actual storage quantity and the book quantity, identify the causes and responsibilities, and ensure that the accounts are consistent, improve the accuracy of accounting materials. 2. Identify the custody of various property and materials so as to take effective measures to improve management. Third, find out the inventory and usage of various property and materials, reasonably arrange production and operation activities, and improve the fund use effect.
1. method of checking monetary funds (I) Inventory cash
Cash in stock is cash that is stored in enterprises and used for sporadic daily expenses. Inventory cash check, yes
Use the on-site inventory check method to determine the actual number of inventory cash, and then check the book balance of the inventory cash journal to determine whether the number of accounts is equal to the actual number of inventory and Profit and Loss. Inventory cash check should be performed
Check personnel and cashierJointly responsible. There are two cases: a. The cashier checks them daily. B. The inventory check team should conduct regular or irregular inventory check on cash. The cashier's staff must be present during the check. The cash inventory should be checked by the cashier's staff, and the inspection personnel should supervise the inventory.
(2) Check of bank deposits check the statement of bank deposits transferred from the account opening bank to check the actual amount of bank deposits. There are two reasons for inconsistency between the bank deposit and the statement transferred from the bank:
One is that both parties or the other party have an incorrect accounting; the other is that there are outstanding accounts..
The outstanding account refers to the amount between the enterprise and the bank that has been recorded by one party due to the time difference in the delivery of creden。, and that has not been recorded by the other Party because the other party has not received the creden. For unsettled items, adjustments should be made by preparing a bank deposit balance adjustment table. The bank deposit balance adjustment table is a temporary description. 1) The enterprise has received and the Bank has not received 2) the enterprise has paid and the Bank has not paid. 3) the Bank has received and the enterprise has not. 4) the Bank has paid and the enterprise has not paid.
1), 4) the company's book balance is greater than the bank statement balance. 2), 3) the company's book balance is less than the bank statement balance. How to adjust: Prepare a balance adjustment table for bank deposits. Based on the book balance between the enterprise and the Bank, add the account items that have been received by the other party but not received by the current unit, minus the amount paid by the other party and not paid by the current unit. After adjustment, both parties have the same balance.
The bank deposit balance adjustment table is not used as the credential for actual accounting. Identify the causes of long-standing outstanding items and promptly handle them.
Ii. physical object inventory check method (I) one method of on-site inventory check of the quantity of property and materials stored on the site one by one or using Metering Instruments to determine the actual quantity. (2) The technical push algorithm is suitable for clearing and querying coal, gravel and other materials. Inventory result Compilation
Disk Storage ticket,Check with the book balance records, confirm the inventory profit and inventory loss, and fill in
Comparison of real-account StorageAs the original credential for adjusting book records.
Iii. method of checking the current amount: receivables, payables, and temporary receipts. Generally
Inquiry letter. Step: Clear the current account and confirm that the account is equal. Prepare the "current Payment Statement" on the basis of ensuring that the current account records are complete and correct ". The other party checks and returns the information. The stamp indicates that the information is consistent. Otherwise, the other party will explain the difference.
Section 3 Handling of property check results 1. Requirements for handling property check results 1. analyze the causes and properties of non-conformities and propose solutions. For reasonable material losses within the prescribed standards and scope of such losses, accounting personnel may promptly handle such losses as required. Beyond the prescribed scope of authority, the accountant has no right to handle the issue on his own, and report it to the person in charge of the organization for handling in a timely manner. Compensation shall be made for personal damages. The loss caused by poor management is recorded as the enterprise management fee. The losses caused by natural disasters are used as non-operating expenses. 2. Actively deal with excessive property backlog and clear the funds. The backlog caused by blind procurement or blind production, on the one hand, actively use or transform the sale, on the other hand, stop procurement or production. 3. summarize lessons learned and establish and improve various management systems. 4. Adjust the account book records in a timely manner to ensure that the accounts are consistent. Based on the original creden。 obtained in the inventory, the relevant accounts are registered and the occurrence of property damages to be handled is also reflected.
Ii. steps and methods for handling the property inventory check results in order to record and reflect inventory profit, inventory loss and damage of the property, an account (that is, the accounting subject) should be set up to be handled for property damage overflow. The "loss or overflow of property to be processed" account is an asset account used to calculate inventory profit, inventory loss, and damage of various types of property and materials identified by an enterprise during property inventory check. Set the "loss and overflow of fixed assets to be processed" and "loss and overflow of current assets to be processed.
(1) prior to approval, accounting creden should be prepared based on the "inventory result Report Form", "Inventory Report Form", and other data that has been found, recorded in the relevant books, and the book records should be consistent with the actual number of inventories, at the same time, according to the enterprise's management permissions, the handling suggestions will be reported to the shareholders' meeting or the board of directors, Manager (Director) meeting or similar institution for approval.
Section 3: handling of property check results 1. accounting for property inventory profit borrow: raw materials (inventory goods; Fixed Assets) Loan: profit and loss of assets to be processed (accumulative depreciation) Inventory profit current assets: Borrow: profit and loss of assets to be processed loan: management Expenses inventory profit fixed assets: Borrow: profit to be processed property loan: non-operating income
2. accounting for property inventory loss borrow: profit and loss to be processed (accumulative depreciation) Loan: raw materials (inventory goods; Fixed Assets) inventory loss current assets: treatment of residual material value, recovery of insurance compensation and negligence compensation: Borrow: raw materials (other receivables) management expenses (non-operating expenses) Loan: profit and loss of assets to be processed
7. Property check
