How to keep track of sales

According to the Tax Code, VAT payers must keep records of sales. This is necessary in order to calculate the tax base, evaluate the efficiency of the enterprise and reduce some items of expenditure for the subsequent increase in profits.

Instruction manual

1

First of all, select a sales accounting method. To do this, you can use specialized programs that will allow you to track all movements of inventory items. You can keep records according to reports provided by managers.

2

Fix all the nuances and subtleties of keeping sales records in the accounting policy of the organization. Here you must indicate how accounting is carried out, how the cost of goods is determined, etc. In this local document, secure all the documents necessary for accounting (invoices, invoices, consignment notes and others).

3

Each transaction must take place under the contract. Therefore, conclude these legal documents with buyers. If you want to change one of the conditions, issue and sign an additional agreement.

4

To register shipment of products in the sales book, use an invoice. It is this document that confirms the deduction of VAT; in its absence, you are not entitled to include the amount when calculating the tax.

5

Issue a waybill (form No.TORG-12) or a waybill (form No.T-1) for the invoice. All documents must have a complete and reliable formation, blots and erasures are not allowed.

6

Register all invoices in the sales book. This journal at the end of the tax period should be numbered, stitched and sealed with the signature of the head and seal of the organization. If you need to make changes to the journal, make additional sheets.

7

Accounting for sales is carried out using the following accounts: 62 "Settlements with customers", 90 "Sales", 44 "Cost of sales", 45 "Goods shipped", etc. Postings may look like this: D45 K41 - goods shipped are reflected; D62 K90 - sold goods to the buyer's warehouse; D91 K48 - reflected the cost of goods sold.