MANAGEMENT ACCOUNTING INVENTORY IN THE LOCATION ON COMMERCIAL ENTERPRISES
Journal Title: The Institute of Accounting, Control, and Analysis in the Globalization Circumstances - Year 2016, Vol 3, Issue 3
Abstract
Introduction. Urgent issues in the process of decision making are solving the problems of establishing the system of management accounting of goods in storage. In this connection the need of improving the classification inventory detailed disclosure principles of warehousing, methods of identification of goods in stock, spending on the content, methods of management accounting of goods in storage of commercial enterprises. Methods. The following methods are used to achieve this purpose in the article: dialectical cognition – in the process of research the essentially commodity reserves; observation, comparison, the study of business processes – in the collecting of the actual accounting data stocks and their interpretation; grouping and logical analysis in the process of determining the classification signs of stocks and the nomenclature articles of expenses on their storage in warehouses. The abstract and logical method is used in the determination of the sequence of stages, carrying out of management accounting of merchandise store. Results. The essence of inventory as an important object of management accounting is considered in the article. The classification of stock trading companies, which is important for planning, analysis, control, logistics and overall inventory management, is considered in the article. The various types and storage systems, depending on the conditions of storage of goods, the nature of work and so on are highlited in the article. The principles of operation of storage facilities are considered, compliance with which are important not only for the organization and management of inventory in the storage site, but also for the organization and maintenance of accounting. Some disadvantages and advantages of Radio Frequency Identification System are considered in the article. The article reveals the essence of methods of identification of goods in stock: individual coding; bar-coding; radio frequency coding; which is a necessary by tool keeping inventory in stock trading companies in the process of acceptance and the next movement. The expenditures of maintaining the warehouses and storage of goods in trade are proposed in the article. Tasks and stages of management accounting inventory are considered. Special attention is given to methods of management accounting products in the field of storage. Discussion. Using of the model system of inventory management and application of ABC analysis will optimize business processes and organizational structure to background for execution of developed strategies to meet the needs of consumers, given the possibility of trading enterprises.
Authors and Affiliations
Olena Rudnyzka
Keywords
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