Seven Commonly Used Methods Of Financial Accounting

　　 First, set up an account.

Setting up an account is a special way to classify accounting and supervise the specific contents of financial accounting. As the specific contents of accounting objects are complex and diverse, it is necessary to systematically classify and regularly supervise their business activities, so that they can be classified scientifically and continuously, so as to acquire information and indicators that are different in nature and meet the needs of operation and management.

　　 Two. Double entry bookkeeping

Double entry accounting refers to a bookkeeping method that registers each business in an equal amount and registers in two or more than two interconnected accounts. The double entry bookkeeping method can fully reflect the origin and development of every economic business, and it can prevent errors and facilitate checking the correctness and completeness of account books. It is a relatively scientific bookkeeping method.

　 Three, filling and Audit voucher

Accounting voucher is a written proof of recording economic activities and defining economic responsibilities as the basis for keeping accounts. Correctly filling and examining accounting vouchers is the basis for accounting and supervising the financial revenue and expenditure of economic activities, and is also the precondition for doing a good job in accounting work.

　　 Four. Registration Accounting books

The registration of accounting books, for short, is based on the examination of unerring accounting vouchers, classifying all the economic items in a continuous and complete manner so as to provide a complete and systematic recording of economic activities for economic management so as to provide complete and systematic financial accounting data for economic management. The book record is an important accounting material and an important basis for accounting analysis and accounting examination.

　　 Five, cost calculation

Cost calculation is a special method to collect and allocate all kinds of expenses in the course of production and operation according to certain objects, so as to determine the total cost and unit cost of each object. Product cost is an important index to reflect the production and operation activities of an enterprise. The correct cost calculation can be used to assess the cost level of production and operation process, and it is also the basis for determining the profit and loss of enterprises and the pricing of products. It also provides important data for business decision making.

　　 Six. Property inventory

Property inventory is a special method to check the amount of property and material by checking physical objects and checking accounts. Through property checking, we can improve the correctness of accounting records and ensure the consistency of accounts. At the same time, we can also find out the custody and usage of various property and materials and the implementation of various settlement funds, so as to take timely measures to clean up and strengthen the management of property and materials for overstocked or damaged materials and overdue payments.

　　 Seven. Compiling accounting statements

The preparation of accounting statements is a special way to reflect the economic activities and results of enterprises and administrative institutions regularly and in a specific form. Accounting statements are mainly based on the records in the account books. After a certain form of processing and finishing, the accounting statements produce a complete set of accounting indicators, which are used to assess and analyze the implementation of financial plans and budgets, as well as the important basis for preparing the next finance and budget.