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Operating system: Windows, Android, macOS
Group of programs: USU Software
Purpose: Business automation

Financial accounting of inventory

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Financial accounting of inventory - Program screenshot

In production, it is often stocks that are the most important and largest item of an asset, moreover, not very liquid. Inventories relate to the short-term assets of an enterprise from which economic benefits are expected to flow. The most important points in financial inventory accounting are: determining the amount of costs to be recognized as an asset; the valuation of inventories, according to which they will be reflected at the end of the reporting period and carried over to the next accounting period. An enterprise may have stocks of three types: stocks held to sale in the normal course of business; inventories that are in the production process; inventories that are stored in the form of crudes or materials intended to use in the next cycles of the production process.

To carry out an inventory, it is necessary to calculate, weigh, measure and evaluate the available quantity of goods and materials. This requires great care. Taking financial accounting of inventory can interfere with the normal production process, so it needs to be thought over and organized as efficiently as possible. Direct inventory is not the responsibility of accountants, but they are actively involved in planning and organizing it. Often, different methods of taking inventory involve the use of special tags, which must be numbered.

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Inventories - assets used as crudes, materials, etc. in the production of products intended for sale (performance of work, provision of services), purchased directly to resale, as well as used for the management needs of the organization. These issues are dealt with by the technological services of the enterprise, material and technical supply and accounting - as a controlling body. Financial accounting data must include information to find reserves of reducing the cost of production in terms of rational use of materials, reduction of norms (consumption, ensuring proper storage of materials, their safety).

Financial inventory should be kept using a well-chosen set of tools. Such a set is provided at the disposal of your organization by a company specializing in the development of professional software products, bearing the name of the USU. With the help of this product you will be able to bring the financial accounting of the company's stock to a completely new level. The application is well designed and has a built-in language pack for localization in different countries. The financial accounting application of reserves has been translated into many languages. Any user in their home country will be able to operate our financial inventory accounting application in their native, most understandable language.


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This is very comfortable, because there will be no problems with understanding. If you are engaged in financial accounting, the complex from USU will be the most suitable set of tools that provide full coverage of the needs and requirements of the corporation. You can opt out of purchasing any additional utilities, because the financial accounting application covers almost all the software needs of an organization. Enterprise financial accounting software protects confidential information on PC hard drives properly. Each individual employee has his own personal account. Authorization in it occurs when you enter access codes in the appropriate fields. Not a single unauthorized person will simply be able to get access to the information resources of your organization.

Control inventory across your enterprise with the financial accounting app. This development is launched using a shortcut. It is placed on the desktop, which means you don't have to search for a file in the root folders of the system. In everything we facilitate the process of operating the application of the financial accounting of the company's stocks so that the employee can perform the job duties assigned to him online. The application of financial accounting of the company's inventory easily recognizes files generated in well-known office applications. It will not be a problem to our complex to recognize documents made in the format of Microsoft Office Excel and Microsoft Office Word. In addition, the manager can generate documentation in any format convenient and export for further processing.

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Financial accounting of inventory

It's no secret that several users will be able to monitor the arrival of products at the warehouse at once. Analytical work is carried out automatically in order to determine the liquidity of a particular position, estimate economic prospects and options, and get rid of unnecessary spending items. Goods are strictly cataloged. A separate information card is created for each accounting position, which can be easily supplemented with a digital image, basic characteristics, additional data, as you like. There are no strict restrictions on the amount of information.

Our USU Software is a financial accounting of inventory program. With its help, you can automate any business and each of them will very quickly become respected and recognizable. What is the advantage of the USU application? Our system of financial accounting of inventory can help you plan your work at every stage. If necessary, it can be done every minute. It will only remain to fulfill your duties, setting the status of the work performed. This helps the manager to control all processes, and the employees to check themselves. The appearance of the software and its functionality are easily mastered by all users, without exception. The flexibility of the system can help you apply its capabilities in any internal procedures. The quality of execution and a convenient scheme of the software maintenance services provision will not be a big burden on your budget.