How to calculate natural decline

Natural decline is the loss, reduction in the quantity of goods while maintaining its quality. It can be caused by shrinkage, leakage, evaporation processes, that is, natural changes in the biological or physico-chemical properties of inventory items. The natural decline leads to deficiency, which is necessary to prepare the appropriate documents and reflected in accounting and tax accounting.

You will need

• reference materials according to the norms of natural loss

Instruction

1. Identify the conditions under which established shortage of goods - the transport of goods or as a result of its storage. In both cases, inventory. Inventory is usually conducted by a special Commission, which includes representatives of the administration of the organization. When the inventory of the goods received compare data receipt documents and the actual quantity of the goods received. If there are discrepancies, make an Act of the established discrepancy in the quantity and quality at acceptance of inventories (form TORG-2) or Act on the established discrepancy in the quantity and quality at acceptance of imported goods (form TORG-3).
2. Calculate the natural decrease at transportation of the goods (shortage within the norms of natural loss) by the formula:E = T x N / 100 where T – the amount transferred to the warehouse of the product;N – the norm of natural losses, %.The amount transferred to the warehouse take goods according to receiving reports, the norm of natural loss find references. Multiply the quantity of the item on its rate of attrition, then multiply by the cost per unit of product and get the amount of natural losses on this product.Next, determine the total amount of natural loss during transportation, adding calculated amounts of natural attrition for each item.
3. Inventory of inventory in the warehouse, that is, check the actual availability of the item by weighing, measuring, counting. Compare the results obtained with accounting data. On the basis of the inventory of make a "check sheet results of the inventory commodity-material assets" in the form INV-19.
4. Calculate the natural decrease at storage of the goods (shortage within the norms of natural loss) by the formula: E = T x N / 100 where T – the number of sold goods;N – the norm of natural losses, %.The number sold for mainlandization period product take according to accounting. The norms of natural loss find references. Multiply the units sold at its rate of natural attrition, then multiply by the cost per unit of product and get the amount of natural losses on this product. Next, determine the total amount of the shortage in storage within the norms of natural loss for all goods sold for mainlandization period, adding the amount of natural attrition for each item.
5. Write off the actual amount of the shortages revealed in the result of the inventory, the following accounting entry: the Debit 94 "Shortage and loss from damage of values"- a Loan of 10, 41, 43 Take the loss within the norms of natural losses, calculated in the manner specified above, on account of the cost of production and selling expenses (Debit 20, the Credit 94). Shortage over norms of natural loss offset at the expense of guilty persons (Debit 91, 94 73 Credit) in the prescribed manner or include in non-operating expenses (if the perpetrators of the missing persons has not been established).