Productive reserves

Production reserves - this is a certain part of the property, which is used in the performance of work, the manufacture of goods, the provision of services. These funds are also used for the management needs of the enterprise.

As a rule, industrial stocks are used as labor items. In each cycle, their total consumption is realized. Production reserves completely transfer own cost on the cost price of the made goods, the rendered services or the executed works. Their registration in the territory of Russia is carried out in accordance with the Regulations on Accounting.

To the group of material and production resources (stocks) carry finished products. It, being the end result of the technological cycle, an asset, is intended for realization. At the same time, its quality characteristics comply with the requirements of the contract or the terms of other documents.

Goods are considered part of the production resources received or acquired from third-party physical or legal entities. They (goods), like the finished products of the enterprise, are intended for sale.

The enterprise chooses the unit of accounting for production stocks independently so that reliable and complete information about these assets is generated, and necessary control over their movement and availability is ensured. In accordance with the nature of the resources, the order of their acquisition and application, for a unit, a batch, nomenclature number, group, etc. can be adopted.

Production reserves are taken to accounting according to the actual cost price. This amount reflects the actual expenses incurred by the company for the acquisition of funds, excluding VAT and other recoverable taxes (other than those specified in the legislation of the Russian Federation cases).

These costs include amounts that are transferred to the seller (supplier) on the basis of the contract, customs duties, payment of consulting and information services, remuneration of the intermediary organization, non-refundable taxes. The actual costs are the costs of harvesting, as well as the delivery of production resources to their place of application, insurance premiums. The same category includes the cost of bringing the funds to the state of suitability for use.

When manufacturing resources at the enterprise, expenses are accounted for and formed in accordance with the procedure used to determine the cost of the respective type of goods.

The actual costs of acquiring funds are increased or decreased in accordance with the sum differences that arise before they are accepted for accounting.

To reduce the risk of significant errors and errors in the accounting process, an audit of inventories (MRP) is carried out .

In the course of verification, the reality of existence, the availability of MPZ is established, whether all transactions that should be reflected in the accounts are actually present in them. It also becomes clear whether all the industrial inventories held by the enterprise belong to him, that is, the organization has a property right to them, and the amounts presented as debts are liabilities. During the audit, the correctness of the assessment of funds, the choice of accounting principle is also established.

Each organization should have its own specific program on on-farm control, through which the safety and the competent use of resources are ensured. In this case, the program should include verifiable questions, the timing of verification. Thus, the verification of the material and industrial resources of the enterprise reflects the opinion on the completeness and reliability of the information provided in the reporting documentation.