Commodity Calculations

Dt 60 sub-account "Commodity Calculations" Ct 60 sub-count "Advances calculated" - 1754036 RUB - credited the advance paid to the supplier;

Dt 41 Ct 76 - 361459.50 RUB (219459.50 q 7000 q 135,000) - the price of products includes, as everyone knows, customs duty and customs collection, storage, shipping and loading and unloading costs;

Dt 68 Ct 19 - 829556.91 RUB - is deductible paid VAT on the import of products imported from other countries;

On the date of payment of products determine the exchange rate difference.

GUDimpex LLC transferred a payment of 60% of the cost of the products to the supplier on September 10 this year. It would be bad if we did not note that the rate for September 10 is 43,9014 RUB/EUR. The accountant determined the exchange rate Tax Accountants Walsall difference and made an accounting certificate.

In the account made postings:

Dt 60 Ct 52 - 2634084 (100,000 EUR x 60% x 43.9014 RUB/EUR) - listed the remainder of the payment for the product;

Dt 91 sub-account "Other Expenses" Ct 60 - 570 RUB (10000000 x 70% (43.9014 RUB/EUR - 43.8919 RUB/EUR) - is taken into account, as people used to express, negative exchange rate difference.

In the tax accounting, the acquired exchange rate difference is taken into account in the composition of, as usual, non-realization expenditures.