Enterprise Financial Accounting Procedures At The End Of Month

Step one: first review all the vouchers this month and check carefully to reduce errors.

The end of month settlement is based on the daily accounts of the daily accounting documents, requiring daily accounting voucher data and entries to be accurate.

1. Cash: liquidation at the end of the closing date and compiling the checklist.

Fair cash can prove that the entries in all entries are correct.

We should check the cash journal and all cash related vouchers, and find out the causes and handle them.

2. Bank deposits: bank account reconciliation form for all detailed accounts.

3, inventory: including raw materials, products, finished products and so on.

At the end of the month, check and check the inventory results and the subsidiary ledger.

If there are differences, we should find out the causes and deal with them.

1, using the principle of bank deposit adjustment, we can check the tax input tax certification list, the four small ticket software list (including freight, customs duty payment vouchers, waste materials, agricultural products acquisition) and the enterprise's tax payable, which should be submitted to the value-added tax (input tax) subsidiary ledger.

The main adjustment is the time difference of the amount of the items that can not be deducted from the tax law stipulated in the same accounting tax return and the certificate of return of the purchase.

2, for the output tax, check the list of the sales of gold tax invoices, the list of ordinary invoices and the no ticket receipts and the taxes payable by enterprises.

A unit with a sales tax can check the list of the subsidiary ledger and invoice of the enterprise, and the principle is the same.

3, the principle of checking the details of the tax payable and other taxes payable is the same.

After checking, all tax return forms will be compiled at the same time.

Checking accounts payable.

1. Check all subsidiary ledgers and general ledgers.

2, check accounts receivable, accounts payable, advance accounts, prepaid accounts whether there is a string of households to clean up.

3, check accounts receivable, prepaid accounts, other receivables, details of whether there is a credit balance, if there should be identified reasons for adjustment.

The general reason for the wrong account or a unit of two details.

If the receivable credit should be pferred to the pre account receivable, the advance account credit should be pferred to the accounts payable, and other receivables should be pferred to other payables.

Similarly, accounts receivable, advance accounts and other payables should be debited.

The fifth step: the compilation of pfer entries for monthly closing accounts:

1, the accrual basis should be used to calculate all expenses.

Such as wages, welfare benefits, business tax and so on.

2, amortization of low value consumables, intangible assets, depreciation and so on.

3, temporary assessment materials (for the enterprises to enter the warehouse materials at the end of the invoice receipts should be established ledger), carry over manufacturing costs, the cost of finished products, the cost of carry over product sales, etc.

(combined with stock taking results simultaneously)

4, carry forward the current profit and balance all profit and loss subjects.

(specific closing entries can be combined with the actual business).