Export warehouse material for manufacturing products a sew incredibly important to help the production process takes place continuously. Good management of this process will help the business maintain sufficient raw material for the production, to avoid loss of property. This article Accnet will provide detailed insight on how accounting processes, stock materials as business management, this process closely.
1. Overview of export warehouse material for manufacturing products
Stock materials for product manufacturing is the process of supply of raw materials from the warehouse to the production department of the enterprise. This process ensures the raw material necessary to produce the product is removed from the warehouse, moved to production parts the right time/number of requests.
This is an important step in the supply chain's internal business, help in the manufacturing process takes place continuously, without interruption due to lack of raw materials.
2. Accounting as stock material for manufacturing products
2.1. Accounting for stock materials
When businesses export raw materials to produce products, the accountant should record the reduction of inventory, shipping cost raw materials in production costs.
Journal:
- Debit accounts 621 – material Costs, direct material: Reflects the cost of raw material was used directly in the production process.
- Credited account 152 – Raw materials, materials: Reflecting the warehouse, reducing the number of raw materials.
For example: If the business of stock 500 kg of fabric was worth 100 million VND to clothing production, accounting entries will be:
- Debt TK 621: 100 million VND
- Have TK 152: 100 million VND
2.2. Accounting of production costs in general stock materials (if available)
If costs related to the transport, storage and losses arising in the process of storage of raw materials, the accountant should record added to the cost of joint production (TK 627).
Journal:
- Debit TK 627 – the Cost of joint production: recognition of costs incurred related to raw materials in the production process.
- Credited TK 111, 112, 331: Record the payment of expenses incurred.
2.3. Accounting period-end
At maturity, the cost of raw materials is accounted for in TK 154 – the Cost of production, unfinished business to determine the price of products.
Accounting period-end stock material for manufacturing products:
- Debt TK 154 – the Cost of production, unfinished business: the whole set of production costs.
- Have TK 621 – material Costs, direct material: The raw material costs in the cost of production products.
3. The export process inventory materials for manufacturing products
To the export process, the material goes on smooth, need to follow the specific steps below:
- Step 1: request inventory
Production department will set request. the material, listed complete information about the raw material should include: name, materials, quantity, unit, intended use, the time of the request.
- Step 2: Approval request
Inventory management or production management department will review, approve, votes required to inventory. The approval is based on factors such as: the amount Of material remaining inventory; the reasonableness of the request compared with planned production; Check the accuracy of the relevant information.
- Step 3: perform warehouse material for manufacturing products
Warehouse staff conduct. the material according to the requirements. This process should be done carefully, keep a record full information about material, quantity, date of stock and receiver unit.
Warehouse staff must ensure that the raw materials warehouse export right quantity, quality, time confirmation, along with parts of receipt.
- Step 4: Update window warehouse
Accounting warehouse/warehouse staff need to update the number of inventory remaining at the window, inventory or warehouse management software.
4. The documents related to the export warehouse material
- Warehouse: Recorded detailed information about the types of raw materials, quantity, unit price, total value of raw material export stock
- The inventory panel materials: According to reconcile the amount of material inventory.
- Report production: General information about the ingredients were, the amount of consumption in the production process
- Stock recommendation warehouse material for manufacturing products: Are parts manufacturing establishment when necessary raw materials, specify the type, amount, purpose of use
5. Management of stock materials easily with warehouse management software lacviet
With warehouse management software lacvietbusinesses can automate the whole process of stock as:
- Set up warehouse
- Update data inventory in real time
- Tightly control the flow of material.
The software helps to reduce errors, save time, and provide detailed reports to easily manage inventory, optimize production costs.
LV-DX Accounting is modern solutions, business support warehouse management efficiency, improve business performance.
| Xem các bài viết liên quan về chủ đề này: |
Performance management process export warehouse material for manufacturing products to help businesses ensure production schedule. Understanding how accounting, the steps in the process, applying management solution that will help the business operate smoothly. I hope this post will bring useful information to support your business sustainable development.
CONTACT INFORMATION:
- THE COMPANY SHARES INFORMATION, LAC VIET
- 🏢 Head office: 23 Nguyen Thi huynh, Ward 8, Phu Nhuan District, ho chi minh CITY.CITY
- ☎️ Hotline: 0901 555 063 | (+84.28) 3842 3333
- 📧 Email: info@lacviet.com.vn
- 🌐 Website: https://accnet.vn/
Theme: