Such as electricity, water, telephone, material transportation costs, guest reception and transaction costs...
Account 6278 is opened in detail for each CT, HMCT, specifically account
62780505 - Seagames project - TT Stadium
For these expenses, management accounting records are based on documents collected and transferred by the accounting department such as: Payment vouchers and VAT invoices.
After checking the validity and legality of the documents, the accountant will make the entries and enter the data into the machine, which will automatically enter it into the general journal (form 06) General ledger account 6278 Detailed ledger account 62780505 (form 17)
At the end of the period, the machine automatically transfers to account 1540505.
Debit account 1540505 - Unfinished production and business costs
Credit account 62780505 - Other cash expenses.
2.2.1.3.5. Collection of production costs during the period.
To summarize production costs during the period, the company uses account 154 - "unfinished production costs", this account is opened in detail for each CT, HMCT - CT = Seagames - SVĐTT, the accountant opens the details of account 154 as account 1540505. Because the enterprise applies information technology to accounting, it helps accountants summarize costs quickly, conveniently and accurately.
To transfer production costs, accountants perform automatic transfer and allocation operations - Just enter data into the computer according to the following provisions:
Debit account 154 - unfinished production and business costs
Have TK - Related
Example: enter accounting documents
Go to summary
In December
On document date: 31
Record date: 12/31/02
Document number: KC - 1
Explanation: carryover of raw material costs for December
Debit account 1540505
Has account 6210505
Then the machine automatically adds up the December debt balance on account 6210505 and transfers it to account 1540505.
When transferring costs, the data is reflected on the NKC number (Table 6).
General ledger accounts 621, 622, 623, 627 Detailed ledger accounts 6210505, 6220505,
62380505…General ledger account 154, (form 19) detailed ledger account 1540505 (form 20).
2.2.2. Evaluation of unfinished products at the end of the period.
For Song Da 12-6 enterprise, the accounting of completed construction products is based on a reasonable technical stopping point, the calculation period of finished product price is monthly, so that the actual construction volume that has not reached the prescribed reasonable technical stopping point can be determined by the inventory method.
At the end of the month, KINH ET - KH, together with technicians and construction managers, conduct an inventory and determine the unfinished construction volume at the end of the month for each CT, HMCT. The accounting department records the unfinished cost list (Table 21) and will proceed to determine the value of the unfinished construction volume at the end of the period according to the formula.
Estimated value KL
x
unfinished end of term
Unfinished mass
spread
x Estimated unit price
From there, the accountant determines the actual cost of the final work in progress.
period according to formula:
Actual Cost Block
=
quantity
incomplete
end of period
Actual cost of work in progress
+
beginning of period
+
Estimated value of construction and installation work
completed handover within the period
Actual cost of construction and installation volume in the period
x Estimated value of unfinished construction at the end of the period
Estimated value of final labor cost
2.2.3. Calculating product cost at Song Da Enterprise 12.6.
2.2.3.1. Costing objects and costing period of finished products.
Due to the nature of the Enterprise's operations, which are construction and installation of CTs according to bidding.
or designated bidding so the cost calculation object is the CT, HMCT.
The cost accounting period is when management pays money or determines
Completed volume (month).
2.2.3.2. Calculate the cost of finished products.
After the production costs are collected and transferred to account 154, the actual cost of the unfinished volume at the end of the period is calculated, the accountant proceeds to calculate the cost of finished products according to the formula.
Actual cost
Construction volume = completed handover
Actual cost
construction volume
+
unfinished head
period
Cost of replacing PS construction volume in the period
Actual CP
unfinished
-
final term
hand over
According to the above formula, the actual cost of completed and handed over volume of the Seagames - SVĐTT project in December 2002 is:
= 12,890,012,981 +5,016,459,163 - 12,397,436,929 =5,509,035,215
Based on the cost table and production cost, the accountant enters data into the computer and determines the cost of completed projects.
Debit account 6320505 - Sales: 5,630,900,215
Credit account 1540505 - CPSXKDDD: 5,630,900,215
The summary of costs and costing at the Enterprise can be reflected in the following diagram:
Account 621 Account 154 Account 632 Account 911
Transfer
Direct Material Cost
Account 622
Direct Material Cost
Account 623
Finished product cost
capital price
K/c CP using construction machinery
Account 627
General production cost
Table 04
GENERAL LOG
December 2002
CT number
CT Date | GS Day | Interpretation | Tk corresponding | Debt generation | Arising has | Balance | |
… | … | … | … | … | … | … | … |
SGX 10 | 12/24 | 12/24 | A1 Brick (Export) | 621 152 | 15,000,000 | 15,000,000 | |
… | … | … | … | … | … | ||
SGX13 | 12/31 | 12/31 | Export cement | 621 152 | 27,272,720 | 27,272,720 | |
… | … | … | … | … | … | ||
KC-1 | 12/31 | 12/31 | Carryover CPNVLTT | 1,042,325,352 | 1,042,325,352 | ||
Add | … | … | … |
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Table 05 of ledger account 621
Treasury Ledger
From October to December 2002
621- direct material cost
Opening balance
CT number
Day CT | Day GS | Interpretation | corresponding | Debt generation | arise | Number residual | |
… | … | … | … | … | … | … | … |
SGx 13 | 12/31 | 12/31 | Cement export | 152 | 27,272,720 | ||
… | … | … | … | … | … | … | … |
KC-1 | 12/31 | 12/31 | CPNVLTT Technical Support of SEAGAMES project | 1540505 | 1.404219475 | ||
Co-arising Q4 | 26,311,673,669 | 26,311,673,669 |
Closing balance
Form 06 Detailed ledger - Account 621 DETAILED BOOK OF WAREHOUSE ACCOUNTS
From October to December 2002
6210505- SEAGAMES PROJECT - CENTRAL STADIUM
Opening balance
CT number
Day CT | This GS | Interpretation | opposite to application | Debt generation | Arising has | Number residual | |
… | …. | …. | ….. | …. | …. | …. | … . |
SGx10 | 12/24 | 12/31 | Export of solid bricks A1 | 152 | 150,000 | ||
… | … | … | … | … | … | … | … . |
SG x 13 | 12/31 | 12/31 | Cement export | 152 | 27,272,720 | ||
… | … | … | … | … | … | … | … |
KC-1 | 12/31 | 12/31 | CPNVLTT Technical Support December of the project SEA GAMES | 154 | 1,403,219,475 | ||
Co-arising | x | 3,391,819,605 | 3,391,819,605 |
Closing balance
Table 10:
Account detail book
ACCOUNT DETAILS
From October to December 2002
6220505 - SEAGAMES PROJECT - TT STADIUM
Opening balance
CT NUMBER
DAY CT | DAY GS | INTERPRETATION | OPPOSITE TO APPLICATION | ARISE IN DEBT | ARISE HAVE | NUMBER RESIDUAL | |
… | … | … | … | … | … | …. | … |
K40 | 12/31 | 12/31 | Outsourced CPNC | 3388 | 176,124,000 | ||
SGL 629 | 12/31 | 12/31 | Hire security | 1111 | 8,689,280 | ||
….. | ….. | …. | …… | ……. | ……. | ……. | ….. |
KC-1 | K/CCPNCTT of December of the company SEAGAMES program | 1540505 | 197,098,280 | ||||
Total Q4 income | 817,684,780 | 817,684,780 |
Closing balance
Form 09 General Ledger Account 622 TREASURY ACCOUNT NUMBER
From October to December 2002
622- direct labor costs
CT number
Day CT | Day GS | Interpretation | Correspondence | Debt Incurrence | Arising has | number residual | |
… | … | … | … | … | … | …. | … |
K40 | 12/31 | 12/31 | Outsourced CPNC | 3388 | 176,124,000 | ||
….. | ….. | …. | …… | ……. | ……. | ……. | …. . |
KC-1 | December CPNCTT results of the project Seagames | 1540505 | 232,035,280 | ||||
Total Q4 | 4.304036670 | 4,304,036,670 |
Table 11
ACCOUNT LEADERS
From October to December 2002
623- Construction machinery usage costs
Closing balance
Opening balance
CT number
CT Date | GS Day | Interpretation | Correspondence | Debt Incurrence | Arising has | balance | |
… | … | … | … | … | … | …. | … |
K67 | 12/31 | 12/31 | Depreciation, SCLMTC | 6424 | 5,755,000 | ||
KC-3 | 12/31 | 12/31 | Construction machinery in December of Seagames project | 1540505 | 15,021,574 | ||
Total Q4 | 2,068,417,406 | 2,068,417,406 |
Table 12 ACCOUNT DETAILS BOOK
from October to December 2002
Closing balance
62380505- Seagames project - Stadium market
Opening balance
CT number
CT Date | GS Day | Interpretation | Correspondence | Debt Incurrence | Arising has | balance | |
… | … | … | … | … | … | …. | … |
SG9 | 10/25 | 10/25 | Gasoline for construction machines | 152 | 1,014,286 | ||
….. | ….. | ….. | ….. | ….. | ……. | ……… | …. |
K67 | 12/31 | 12/31 | DepreciationSCLMTC | 6424 | 5,755,000 | ||
KC-3 | 12/31 | 12/31 | KCCP December construction machine of Seagames project | 1540505 | 11,021,574 | ||
Total Q4 | 43,397,678 | 43,397,678 |