This is called a record sheet of materials of the nature of inventory objects...

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The list of inventory objects is based on the following supporting documents: the purchase invoice and the NIR (note of receipt and determination of differences); warehouse sheet – for the operational record of stocks; the warehouse sheet of materials of the nature of inventory items put into use; the consumption receipt - it is the basis of the registration of exits from management. Disposal / Sale of inventory items - Removal from records Removing inventory items can be done in two ways: by scrapping; by sale.


The scrapping process of inventory items put into use is carried out based on the proposals British Student Phone Number List of an inventory committee, following the decision of the management bodies that have these powers (in accordance with the articles of association of each company). Afterwards, a "Decommissioning/downgrading process of some material assets" is drawn up. From an accounting point of view, account 8035 is credited based on the cancellation report .




In the second case, the inventory items are transferred to the merchandise account and at the same time as the sale is recorded, the accountant removes them from management. It is important to note that the sale of inventory items generates income that is included in the tax base. Frequent questions Who needs to keep track of inventory items? All companies have this obligation and as it happens with the general accounting record, the record of the objects to be invented is the responsibility of the accountant How to keep track of inventory items? In order to create a record of inventory objects, a register is created, in electronic or printed format. This is called a record sheet of materials of the nature of inventory objects in use.