Fixed asset loss entry processing
The first step, the loss of inventory reconciliation:
Borrow: Pending Property Profit and Loss
Accumulated Depreciation
Loan: Fixed Assets
2, after the approval of the company's management to deal with the accounting entries for:
Borrow: Non-Operating Expenditures
Loan: Pending Property Profit and loss
Property loss pending disposal is an accounting account, belonging to the asset class account, accounting for enterprises in the process of inventory property has been identified in the various kinds of property surpluses, deficits and damages. After identifying the causes, there should be no balance in the pending property loss or disposal. The reasons are not identified, the balance of the account of "pending property profits and losses" at the end of each month of the year, according to the liquidity of the property can be shown in the balance sheet of the "other current assets" account.
Fixed Asset Inventory Method
The fixed asset inventory method is the field inventory method. Fixed asset inventory is an inventory count of the physical fixed assets. It is an important means for enterprises to ensure the authenticity of fixed asset accounting, to ensure the safety and integrity of fixed assets, and to tap the potential of existing fixed assets. Fixed asset inventory, at least once a year.
What are fixed assets?
1, houses and buildings, refers to all houses and buildings whose property rights belong to the enterprise.
2, general office equipment, refers to the equipment commonly used in the office and affairs of the enterprise.
3, special equipment, means all the equipment belonging to the enterprise specifically for a particular job.
4, cultural relics and displays, refers to the museums, exhibition halls and other cultural institutions of various cultural relics and displays.
5. Books, refers to the books of specialized libraries, cultural halls and business books of the units.
6. Transportation equipment refers to all kinds of transportation tools used in the logistics sector.
7, machinery and equipment, mainly used by the enterprise logistics department for its own maintenance of machine tools, power machines, tools, etc. and standby generators, etc., as well as counting instruments, testing instruments and hospital medical equipment and equipment.
8, other fixed assets, refers to the fixed assets not included in the above categories. The competent authorities can be divided appropriately according to the specific circumstances, but also the above categories can be appropriately subdivided and increased categories.