Accounting for electricity - which is what

According to the current legislation in the field of accounting, the costs associated with the purchase of electricity, use in the future activities, are accounted for in account 25. Therefore, in the case of electricity accounting, operations on this account are implied.

For an enterprise, such an operation is a general production expenditure associated with the operation of fixed assets.

If electricity is used as a "fuel" (for example, a packing line driven by electric motors is installed), it is also displayed on this account.

At the end of the reporting period, the accounting department writes off its monetary expression by posting:

In accounting, any operation, and electricity accounting is not an exception, must be documented. To account for electricity, this is an act of acceptance-transfer of services or a document that has a similar legal force and is properly issued in accordance with all accounting rules.

Commercial accounting of electricity

In order that in the accounting software of accounting data on the movement of electricity were accurate, apply the so-called commercial accounting.

Despite a little pathetic name, we are talking about measurements by devices - electricity meters. In economic activity, only those devices that can be found in the state register of measuring instruments can be used.

Legislation provides for the places where these meters should be installed. However, it is desirable that the device is on the boundary of the balance sheet of electrical networks. In order for the testimony to be legal, the registrar and the power supply organization put their seals on the meter.

A person, legal or physical, on whose territory the measuring instruments are located, shall send the meters to the network company once a month.

In addition, approximately once in six months, company representatives personally verify the data. It is legally provided that inspectors have the right of free access to measuring instruments, they are forbidden to prevent them. Thus, the account of electricity is conducted by several parties at the same time. At the end of the reporting periods, a mutual verification of the readings takes place. The physical integrity and safety of the measuring instruments is on the conscience of the person in whose territory they stand.

Simultaneously with the above-mentioned species, some economic entities apply the so-called technical accounting of electricity. It is completely identical to commercial. Therefore, sometimes there is confusion in terminology.

Conclusion

Accounting for electricity is an important part of accounting. Its data are used in calculating the cost of production, incorrect figures can lead to significant losses to the enterprise. There have been occasions when discrepancies in evidence served as grounds for lawsuits. Therefore, this small part of the accounting process must be treated responsibly.