How to close an account in 1C?

In 1C: Enterprise, a certain order of closing each of the accounts is proposed. Often, the user simply selects which account to close. Problems arise when it is not even possible to make changes to the algorithm for closing one or another account.

To help accountants developed a universal processing "Closing accounts", embedded in 1C: Accounting. The proposed setting helps to expand the possibilities of closing accounts and creating a list of entries for monthly / annual reports. The program allows you to automatically form the final wiring.

For the implementation in the program of individual accounting algorithms, some features of the accounts are used, for example:

  • Balance or balance sheet accounts;
  • The frequency of closing accounts, the algorithm for closing them;
  • Cash accounting in accounts;
  • The structure of the codes on the accounts;
  • Belonging to the system of accounts (groups, subgroups, sections in the plans).

To close each account will use its own algorithm, so we consider the closure on the example of account 20.

Closing an account 20

Account 20 "Primary production" in accounting refers to costly accounts. All expenses related to the production cycle of the enterprise are collected on this account. In order to be able to determine the results of the enterprise, it is necessary to have information about the cost of production.

The costs that affect the cost of products, services, include wages, raw materials, materials and other costs of production. All production costs are credited to Dt 20 in correspondence with accounts 10, 70, 69, 02, 05, 25, and others.

The basis for recording the posting on Dt and Kt of account 20 can only be primary documents. All cost accounts, including account 20, must be closed. We close the account 20 at the end of each month to determine the financial performance of the company.

Turnover Dt 20 shows the cost of production, but in no case it can not be the cost of production. It is not excluded the input debit balance. Costs may only be written off to finished products. In case of work in progress, a debit balance will remain on account 20.

At the end of the month, all costs are collected and work in progress is calculated, after which all costs are written off from Cm 20 to Dt 90.2

The table shows an approximate set of transactions for account

Content

Dt

Ct

OS depreciation

20

02

Wage

20

70

Insurance premiums

20

69

Written off materials

20

10

Write off costs

90.2

20

However, you need to know that if the organization is engaged in production, then closing the score of 20 is almost impossible. This is due to the fact that with a continuous production cycle there will always be an “incomplete”. It will be reflected in the debit balance of account 20.

If the main activity of the organization is the execution of work, then it is possible to close the account only in rare cases. Completely close 20 account can only be in the provision of services.

The main problem that arises during the closure of accounts is that some of them may not always be closed due to the presence of the account balance.

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