How to write off a tool
Some organizations use various expensive tools to make a profit in the process of business activity. As a rule, they are reflected in the account 01 "Fixed assets". Like any other property, the tool wears out, and sometimes completely disappears before the end of its useful life. How to eliminate this facility?
You will need
- - the act of writing off fixed assets;
- - tool inventory card.
Instruction manual
1
In order to write off the instrument, it is necessary to conduct a check. To do this, issue an order on the appointment of members of the commission, also indicate in it the name of the instrument, inventory number, which is indicated in the inventory card. Write down the terms of the audit and the procedure for writing off, that is, the identification of the perpetrators, paperwork and other actions.
2
The appointed persons of the commission should assess the possibility of further use of the tool, identify the persons through whose fault the object has failed. If the tool cannot be restored, the commission should evaluate the possibility of using its individual parts.
3
After that, write down the results of the verification in the act on writing off the fixed assets (form No. ОС-4). This document is divided into three sections. First fill out the "header" of the form. In the first section, provide information about the instrument as of the date of debiting, that is, write the name, inventory and serial number (it can be found in the instrument’s technical passport), the issue date of the facility, and the date it was accepted to the balance sheet.
4
Indicate the actual life, that is, the period in which you used this tool. Do not forget to indicate the initial value (you can see it on account 01), the amount of depreciation deductions that are indicated on account 02 and the residual value (calculate it using the difference between accounts 01 and 02).
5
In the second section of the act write a brief description of the object of fixed assets. Below the tabular part indicate the conclusion of the commission for completing the tool. All members of the commission must sign this.
6
In the third section, indicate the costs that were incurred as a result of the operation of the tool, for example, repair, installation and other expenses. Then indicate the results of writing off the instrument, sign the act with the chief accountant.
7
After that, on the basis of the act, make a note about the disposal (liquidation) of the instrument in its inventory card. Also issue an order to write off the asset.
8
Then, based on all the above documents, reflect the write-off of the instrument using the correspondence of accounts: D01 "Fixed assets" subaccount "Disposal of fixed assets" K01 - reflects the initial value of the disposed instrument; D02 "Depreciation of fixed assets" K01 "Fixed assets" subaccount "Disposal of fixed assets" - the amount is written off depreciation for the disposal instrument; D91 "Other income and expenses" subaccount "Other expenses" K01 "fixed assets" subaccount "Disposal of fixed assets" - the residual value is included in operating expenses; D91 "Other income and expenses" subaccount t "Other expenses" K23 "Auxiliary production", 69 "Settlements on social insurance and welfare, " 70 "Calculations with the personnel on payment."
