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Proper maintenance of documentation - order incompany. The success of the inventory and the relevance of the analytical indicators will depend on the document circulation in the company. If all measures are carried out in a timely manner, the balance sheet at the reporting date will converge without problems.

General rules for writing off

Materials are the current assets of the organization. Materials are recorded on account 10 "Materials". In the process of life of the company a large number of low-value property is used.

After using the material it is necessary to write off, leaving it on the balance sheet does not make sense, since this leads to an unjustified overestimation of the value of assets.

The terms of write-off are establishedorganization individually, this information should be spelled out in the accounting policy. This can be a month, quarter or day of disposal of property. The retirement is formalized by an act of cancellation. This document indicates the amount of written-off materials and the total cost. The form is developed by the enterprise independently. For individual groups of materials, additional documents will be required to confirm the expense. For example, in order to write off fuel, it is necessary to use the transport route sheets, which reflect the validity of the costs of fuel and lubricants.

Posting for goods deletion

The basis for writing-off the materials is all of the above documents. Only after their registration, the accountant should make the entries.

The disposal of the goods is always reflected in the Credit of account 10 "Materials".

Depending on where the material goesvalue, the wiring is built. This can be transfer to production, write-off due to marriage or simply use for the needs of the organization. In most cases, two accounts are used, to which it is customary to write off costs for materials: account 20 "Basic production" and account 26 "General economic expenses." If the organization is directly engaged in production, the account is used 20, in other cases - 26.Debet 20 - Credit 10 - Release of materials in the main production. Debet 26 - Credit 10 - Leave materials for general economic needs. There are other options for postings. They are used mainly in large organizations, with a large number of structural units. Debit 23 - Credit 10 - Release of materials for auxiliary production. Debet 25 - Credit 10 - Leave materials for general production needs. Debet 28 - Credit 10 - Issue of materials for the correction of marriage. Debet 29 - Credit 10 - Issue of materials for servicing. - Credit 10 - Materials written off in the course of trade, or used to store retail space. Debet 94 - Credit 10 - Write-off of the cost of damaged materials, they should be released under the recycling act.