Some organizations use different equipment in their work. As a rule, if it has a useful life of more than a year, and also serves to generate further profit, then it refers to fixed assets. These assets are reflected on account 01, monthly property tax is charged from them. But in order to use the equipment, it must be put into operation. How to document this and how to reflect it in accounting?
Instructions
Step 1
Before putting the equipment into operation, take it on balance. This is done on the basis of accompanying documents, for example, on the basis of an invoice. Also, there must be a contract, even if you got the main asset free of charge.
Step 2
First, you need to draw up an order for the inspection of the equipment. For this, a commission is appointed, which must, at a certain time, check this device, verify the data of the technical passport with the actual ones, for example, the operation of equipment ventilation. Also, the duties of the commission include inspecting the place where this fixed asset will be located.
Step 3
After that, the commission must fill out an act of entering fixed assets (form No. OS-1), which, together with the technical passport of this equipment, is transferred to the accounting department.
Step 4
Then you will need to assign an inventory number. Draw up the procedure for its preparation in the accounting policy. This code is recorded in the inventory card (form No. OS-6). Please note that in the event that the equipment consists of several components that have different useful lives, inventory numbers are assigned to each of them.
Step 5
After the fixed asset is put into operation, make an entry in accounting. As a rule, all fixed assets are initially accepted to account 08 "Investments in non-current assets", from which they are debited to account 01.
Step 6
From the time the equipment is handed over, you must depreciate on a monthly basis, that is, write off the original cost through depreciation. You also need to pay monthly advances on property tax, annually submit a property tax declaration to the Federal Tax Service.
