请教各位在manufacturing company做簿记的前辈,记录inventory的时候要follow: raw material -- work in progress -- finished goods这个流程吗?
-cantonlin2011(Forest Sunshine);
2013-8-26(#74391@41)
是的。
-magickat(Magickat);
2013-8-26(#74395@41)
Yes. Depends what accounting software you use.If the software has function to record production journal entries, it follows: raw material -work in progress-finished goods. However you need to double check whether the variances of RM and labour cost are reasonable. If the software doesn't has this function, you need to manually record journal entries to record this production cycle.
-gingerflower(Gingerflower);
2013-8-26{339}(#74398@41)
Exactly. For the owner of a start up business, healthy cash flow is more important than profit/loss in I/S.Taxable business loss can be carried forward to future years to offset future profit, the company may not pay corporate tax in the first several years, depends on the CGA's experiences, he/she may help your company get some tax refund. Once you keep monthly ending inventory Qty & $ amount accurate, and control inventory physcial loss, your boss and CGA will be happy.
-gingerflower(Gingerflower);
2013-8-29{370}(#74463@41)
Thanks a lot! I learn a lot from all your replies.
-cantonlin2011(Forest Sunshine);
2013-9-4(#74561@41)
我也有这个问题。小公司manufacture,也没照书上模式走。公司以前没有正规booking,所以material的item没有按具体录入。报税的accountant根本不care他用period accounting method来做inventory。可是公司又想让我做每个月的 income report,可COGS没法用QB追踪啊。怎么办?
-langxinyi(langxinyi);
2013-8-30(#74499@41)
如果不是audit/review,不用follow any rule,只要不misleading.因为这时候FS主要目的是Tax(或internal use),只需follow tax rule.另外虽然好像inventory is undervalued.但如果年年这样做,年年生产和卖的量都差不多effect就会cancel out each year,所以consistency更重要.
-happiesttiger(老虎聪聪);
2013-9-5(#74593@41)