What are the categories of materials and supplies, and how are the accounts handled?

Materials and supplies refers to the general term for materials and supplies other than raw materials, fuel, and low-value consumables that are in storage and in transit for business operations of an enterprise.

Classification of materials and supplies:

1. Daily necessities refer to daily necessities in guest rooms, restaurants and other business departments, such as cleaning supplies, glassware, etc.

2. Office supplies refer to various types of paper, stationery, etc.

3. Packaging items refer to barrels, boxes, bottles, jars, bags, etc. used by various departments of the enterprise.

4. Daily maintenance materials, spare parts, etc. refer to various repair materials, repair parts, old materials that are valued and recorded in the enterprise's spare parts, etc.

5. Specific business supplies refer to bulk materials and supplies for enterprises, such as tableware for catering companies, distilled water bottles for the bath industry, etc.

6. Special materials and supplies refer to various labels and chips used by enterprises in the operation or sales process as proof of service and retail, such as dining coupons, meal tickets, chip brands, Invoices for imaging and pickup, haircut coupons, bathing coupons, etc.

7. Other materials and supplies refer to various other materials and supplies used by enterprises other than the above types.

Accounting processing of materials and supplies:

1. Account settings for accounting of materials and supplies

When accounting for materials and supplies, catering and tourism service enterprises should set up "Materials and Supplies" ” account to proceed. This account is used to calculate the actual cost of various materials and supplies that the company has in stock and in transit. The debit side records the actual cost of materials and supplies increased by the enterprise due to purchase, inventory surplus or other reasons; the credit side registers the actual cost of materials and supplies reduced by the enterprise due to requisition, inventory deficit or other reasons; the debit balance reflects the company's balance of materials Actual cost of supplies. Its detailed accounts are set according to material and supply categories.

2. Accounting for the purchase of materials and supplies

The accounting for the purchase of materials and supplies for catering and tourism service enterprises can be carried out according to the accounting method for the purchase of raw materials, and will not be repeated here. .

3. Accounting for the requisition of materials and supplies

When requisitioning materials and supplies, various departments within catering and tourism service enterprises should fill in the "Materials and Supplies Requisition Form" and indicate clearly The types, quantities, amounts, etc. of materials and supplies to be collected can be collected from the storage department with the "Materials and Supplies Requisition Form" after approval by the person in charge of the department. The custodial department regularly transfers the "Materials and Supplies Receipt Form" to the accounting department in a relevant manner, and the accounting department debits the "operating expenses", "administrative expenses" and other accounts and credits the "Materials and Supplies" account accordingly.