16 Key Control Items Of Accounting

Many enterprises

1.

Every accounting process must have original documents. The original accounting documents (including receipts and delivery related documents) must be complete. If the accounts are adjusted, the approval procedures must be processed according to the system requirements or in the summary of the vouchers.

2.

Some companies have several brands, including internal and external accounts, and many bills of fees are mixed, making accounting easy to violate the "objectivity principle".

Therefore, accountants must strictly check, clearly divide the cost of ownership, ensure that the balance of payments can be checked, or require the relevant units to separate the total amount of expenses according to the "actual controllable ratio", so as to ensure the objectivity of each unit (including internal and external accounts) cost and expenses.

3, profit index control

Gross profit index and pre tax index are the most important indicators. They are generally relatively comparable, especially in enterprises with internal and external accounts. The index of legal accounts must be controlled within a comparable range.

If it is found that the disparity is too large, it must be carefully checked and adjusted in time. If there is a great disparity, we must make a good record to prepare for explanation during the audit.

4, sales price control

The sales invoice must be consistent with the price of the contract, and the product name must be convergent.

5. Internal procurement control

The company that has internal and external accounts, invoices the branches to the branches, and the names, quantities and amounts of the inventory commodities that the headquarters and branches have to account for must be consistent.

Generally speaking, the name, quantity and amount of goods in stock are provided by branches, and invoices or invoices are issued by headquarters.

The allocation of goods between enterprises within the group is mutually allocated, and the internal allocation price must be reasonable. Otherwise, the tax department with low value-added tax burden will not agree, which will bring risks or troubles to the enterprise.

6, control of related party pactions

Related paction control mainly includes total control and price control.

The total amount control should be controlled as far as possible in the relevant system or conventional scope, so as to avoid the complexity of audit. Price control means that the price of related paction is consistent or convergent with the price of non related paction.

7. Purchasing invoice control

The receipt of goods (including invoices) has been placed in that month. If the goods have arrived, the invoices should be accounted for in the same month. When the invoice arrives, the provisional estimate will be reduced.

The valuation must be signed by the purchasing department.

Generally speaking, before the end of the month, the invoice has not been received before the valuation is accounted for, that is to say, the daily valuation is not accounted for; and the provisional estimate of the month will be deducted after receipt of the invoice in the next month. If the last month has not yet cut down the provisional accounting of last month, the accountant must focus on tracking, checking and feedback.

8, production cost control

The cost structure and amount of the same type of products must be comparable and cannot be changed too much.

At the same time, each workshop should have a product inventory record or a false recall record.

9. Predisposed pending control

The related expenses are comprehensively withdrawn through tabular form, and accounting is made through "accrued expenses" and "payable employees' remuneration"; meanwhile, the prepaid expenses are recorded in form form, and are amortized according to the requirements of the system.

The amount of deferred expenses (determined by the concept of waiting for sale) is accounted for through the "prepaid expenses" account, which needs to be determined according to the scale of the company's operation.

It is suggested that the deferred expenses within the annual income of 1 per thousand will be directly included in the current profits and losses, and the deferred expenses exceeding the annual income of 1 per thousand will be accounted for through the "prepaid expenses" subject.

10, bad debt adjustment control

Every quarter, according to the corresponding ratio of age, extract "bad debt preparation" or make bad debts readiness adjustment, so as to ensure the accuracy of data.

11. Tax return control

Every quarter, especially in June and December, we need to adjust the tax declaration items, some of which need to be adjusted for accounting, and others need data stripping.

The items that must be adjusted in December are: bad debt preparation, deferred income tax and asset impairment loss. The balance should be adjusted according to the amount and ratio of the relevant subjects; the prepaid expenses (welfare costs are no longer mentioned in advance and paid according to actual amount) and the salaries payable according to the amount expected in December; the receivables (credit data) and payables (debit data) should be allocated to advance accounts and prepaid accounts; the receivables and payables should be adjusted again in January of next year to meet the requirements of receivable and payable management.

The items that must be divestiture in December are: advertising fees, entertainment expenses, public welfare relief donations and fees without standardized invoices should be divestied voluntarily before tax declaration; the balance of prepaid expenses and the balance of payable employees' salaries should be divestied voluntarily before tax declaration, and the enterprise income tax should be adjusted at the first tax declaration in the following year.

The personal income tax, the management fee for inter enterprise payment, the rent paid between the business organizations and the royalty paid in the enterprise, and the interest paid between the business entities in the non bank enterprises, the expenses of the non statutory units (the cost documents showing the non statutory units names) and the fees for the non formal invoices should be divestiture in December.

The items that are not allowed to be deducted before tax shall be executed according to the "deduction" provisions of the enterprise income tax law.

12, deferred income tax control

Every quarter adjusts accounts according to the items of impairment of assets, and adjusts deferred income tax according to the items of impairment of assets.

13. Inventory cash control

The amount of cash in stock (including borrowing) is controlled by 2-10 yuan according to daily demand and whether it is convenient to withdraw or not. In addition, two borrowings are not allowed in principle, and procedures are strictly followed according to the borrowing process.

The cash limit is generally applied by the local finance department and the person in charge, and is executed by the headquarters finance department and the leader after examination and approval.

14, annual data control

In December each year, the surplus fund was extracted according to the current profit and pferred to the "undistributed profit".

At the same time, according to the resolution of the board of directors, the "arbitrary provident fund" was extracted.

15, accounting actual compliance control

Before the monthly report is completed, it is necessary to review inventory reconciliation, inventory check, receivables reconciliation, delivery confirmation, delivery and delivery process confirmation, payables reconciliation (Ji Du), asset reconciliation, asset inventory (Ji Du) and other work to ensure that the accounts are consistent.

16, account audit control

Accounting audit is the last step of accounting control. In order to ensure the quality of accounting, we must strictly examine the contents of the "18 questions", and ensure that the accounts tally with the tables.