Accounting was created to provide reliable, complete information about the company. In the process of data processing, all areas of the firm's life are affected. This allows for a high-quality financial analysis at the reporting date.
Necessary
- - accounting software type 1C;
- - accounting literature, electronic journals (Consultant, Chief Accountant, etc.);
- - Tax Code of the Russian Federation;
- - the law on accounting (FEDERAL LAW dated 06.12.2011 No. 402-FZ, (as amended on December 28, 2013) (as amended on January 1, 2014).
Instructions
Step 1
The accounting department should always work clearly, since accuracy in this matter is the main guarantee of success. Keeping records is a voluminous and laborious occupation, but there are certain rules here, and if you adhere to them, the work can be simplified. Timeliness of data reflection is important. Process documents immediately after receiving them. It is required to check the correctness of filling, details, the presence of the necessary signatures. Get in the habit of not postponing the initial check of the document, since the main data will be stored in electronic form, in the program and the paper form of the document, perhaps, in the near future will only be needed during the check. Therefore, it must be removed in a complete form so as not to return to it. After entering the document into the program, immediately check how the postings were reflected. This will check the correctness of the operation.
Step 2
It is convenient to use the double entry method. This concept has existed for a long time, accounting is based on double entry. Its meaning is that one business transaction is recorded twice, using two accounts. Debit one account and credit another at the same time. The result is permanent equality. Keep this in mind and check for double counting as you proceed.
Step 3
Final turnovers. This refers to the debit and credit totals. All vital activity of the company in sum, in the final result should be reflected in these figures. Review all used accounts for the period, display the total balances for them, and you will get the total turnovers.
Step 4
Balance. The most final stage of accounting. The balance is reflected in the reporting title of the same name (Form No. 1). When you calculate the total turnovers for debit and credit, they should agree with you, always. This means that the assets of the company are equal to its liabilities, that is, you reflected all the operations correctly and nothing was lost. If the turnovers do not agree, look for an error in posting for each account, do not forget about the principle of double entry, because when the same amounts are on both sides of the balance, they cannot but converge.
