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StudentNguyn Duy Khuong

Student code: 14106100152

ClassAccounting 8A5

Teachers in chargeHoang Thu Hien


In economic times the current integration, competition among enterprises is the key to decide the

location and quality of enterprise products. But not only that, to survive and go up businesses

need to build a mechanism to closely manage the information systems effectively. Therefore,

businesses have used one of the most important tools is the most effective and cost accounting.

The main function of accounting is reflected, the manager can constantly update a

comprehensive and systematic all economic activity. Accounting information plays an important

role, as a basis for managers to make decisions timely business strategy for enterprises.

Besides the surface has been achieved in the accounting work of the unit, the Vietnam enterprises

still a lot of weaknesses and shortcomings that need improvement. In the integration trend, the

Vietnam enterprises should strive to overcome to further improve the work of their own

accounting, thus, accounting actually become "tools of economic management" a useful way

most effective.

With the understanding of company shares TEEKIU, I had the opportunity to access practical

accounting work at a particular company, see the link between theory learned in school and the

fact rewarding - is the site for us entered the practical work.





1.1. HISTORY AND DEVELOPMENT CORPORATION TEEKIU.........................................4

1.1.1. The process of forming a joint stock company TEEKIU...............................................4

1.1.2. The development of joint stock companies TEEKIU.....................................................5


1.2.1. Functions and tasks of the joint-stock company TEEKIU.............................................6

1.2.2. Features production activities - business of the company shares TEEKIU....................6




1.4.1. Some achievements........................................................................................................8

1.4.2. Asset situation, the company's capital............................................................................9


TAICONG TEEKIU.....................................................................................................................ten



2.2.1. The general accounting policies...................................................................................11

2.2.2. Organization applying accounting voucher system......................................................14

2.2.3. Organization applying accounting account system......................................................16

2.2.4. Apply system organizations bookkeeping....................................................................16

2.2.5. Organize accounting reporting system.........................................................................17



2.3.1. Accounting organization capital in cash..........................................................................18

2.3.2. Organization of accounting of fixed assets..................................................................20

2.3.3. Organizational cost accounting....................................................................................23

2.3.4. Organize accounting of salaries and salary deductions................................................25


ACCOUNTING CORPORATION TEEKIU.................................................................................29









1.1.1. The process of forming a joint stock company TEEKIU

* About the company


Address:36 Van Bao - Lieu Giai Ward - Ba Dinh District - Hanoi

Main job:Education Sports and recreation and trade

Tax code 0107069822

Abbr name / Trades TEEKIU INC., JSC
Where checked in taxpayer Ba Dinh District Tax Office
Representative Tran Thuc Quyen
Address N.D.dien House 46, No. 2 Vo-Cat Linh Ward, Dong Da district, Hanoi
Added value

Business income

Taxes Personal income


Tax treatment Direct sales
Phone 0984920940

** Business lines of business

Trade and services: Supermarket TEEKIU_chuyen provide material import goods from overseas


SportClub sport and fitness_cung Teekiu services gym, yoga, health care practice.

Other areas:

Education Sports and recreation

Sale food

Wholesale of other household appliances

Wholesale synthetic

Retail food in specialized stores

Retail drug, medical device, cosmetic and toilet articles in specialized stores

Organizations introduce and promote trade

Tour operator

Support services related to promoting and organizing tours

1.1.2. The development of joint stock companies TEEKIU

** Phase month 8/2105 - January 2016

Companies complete construction Teekiu club sport and fitness (TKSF). Simultaneously khia

development capital recovery by putting into operation half the area of availability of TKSF.

Also complete the building supermarkets and bakeries Teekiu Teekiu Mart Bakery.

** Phase January 2016 - September 2016

Companies offering Teekiu Mart supermarkets in official activities with Teekiu bakery Bakery.

Get familiar and compete with companies in the same field.

Continue to improve construction and capital recovery TKSF.

Construction building large-scale pool under TKSF.

** Phase September 2016 to present

Promotion activities competing for Teekiu Mart supermarkets and bakeries.

TKSF officially opened 5-star scale, making strategic capital recovery.

Teekiu complete pool.


1.2.1. Functions and tasks of the joint-stock company TEEKIU


Providing both high quality of life and fitness to customers.


Develop and implement effective production services business.

1.2.2. Features production activities - business of the company shares TEEKIU

- Input market:Direct import of products contempt venture or business purposes from abroad

through the waterway at the port of Haiphong.

Consumption market: Residential neighborhood business areas. Audiences have a stable income

and are well aware of the value of business products.

- Personnel:Through scholarships from within documents, interviews and contests vaasnm

check the actual capacity.

Currently, the company has 68 employees in different departments.



- Organizational structure

Head of company management apparatus is general director, assistant to general manager as

deputy chief executive officer, then as chief financial officer and the heads of relevant

departments. Functions and duties of each department specifically in the company's management

board is shown as follows:

general manager: Who was put in charge of corporate governance. There are comprehensive

management tasks, responsible for all aspects of production engineering and business life of the

enterprise, responsible for directing and operating the entire production and business of


Deputy chief executive officer: As operators work life, administration of the company and

received the authorization of the general manager and responsible before the General Director of

the assigned work. Guide, inspect chief departments of the company functions in the areas of

expertise that is general manager in charge at the same time as the final decision on the measures

that expertise. On behalf of the chief executive officer of the joint work as general manager,

signing a number of documents under the authority of the CEO when the CEO authorization or


Chief financial officer: Tasked structural analysis & financial risk management. Tracking

earnings and expenses; coordinate, consolidate and evaluate financial data. The forecast financial

requirements; preparation of annual budgets. Establish & maintain relationships with banks and

relevant authorities.

Accounting Board: Advising the Director on economic accounting under the charter

organization and operations of the company. Organization and management of financial

resources and income and expenditure synthesis, analysis of economic activity, financial

business and production base construction business accounting in terms of price, exchange rate

export and norms in production.

Administrative offices: Draft texts on labor, staffing, recruitment and selection of personnel.

Manage administrative equipment, workshop, store, transfer dispatch papers. Directly managing

the organization of administrative offices throughout the company. Administrative governance.

Deployment and implementation of policies. Carrying out of legal administration, clerical work

from the press. In charge of the training, recruitment and promotion of staff members at the

request of each department work. Construction of the salary of the company; monitoring and


perform operations on policies for employees; organizing, arranging meetings, large corporate


Business Department:Plays a decisive role in the success or failure of the enterprise in the

market. Survey research market and seek customers, contracting consumer sales and deployment

agreements, expanding markets ... Export activity can only proceed when there is scrutinized in

terms of market the goods and services, the partners and competitors, the transaction method,

negotiation and signing of the contract ... the question is now to have staff knowledgeable

business international market have the ability to analyze and forecast the movement trend of the

market, the ability to trade negotiations ... also fluent procedures import and export, the work

carried out has also become very necessary


1.4.1. Some achievements

+ Teekiu Mart supermarket chain has recovered the original investment capital, is entering the

recovery phase of the charter capital for the import and export of goods and profitability.

+ System is considered Teekiu Bakery cake shop worth visiting in the region on Lieu Giai Ward


1.4.2. Asset situation, the company's capital

The fixed assets:

Ground supermarkets and bakeries Teekiu.

The total volume of imported products reserves.

The sports machinery and equipment in service, providing business capabilities.

Facilities basic operations.

The brand equity:

TKSF is 5 star club are registered trademarks.

Charter capital:

Total charter capital must not exceed working capital.

Working capital:

Working capital management by the owners and declarations.

1.4.3. Results of business operations of the company

Initial capital recovery in supermarkets.

The business promotion in TKSF are showing positive signs.




Chief accountant: Responsible for general and responsible before the board of directors and

superiors of accounting work of the unit. Organization, check the accounting work, assignment

and layout work for accounting personnel of the Company, at the same time working with the

chief accountant of subsidiaries, branches and plants, control accounting work of the member


General Accounting: The main function is to synthesize the information from the accountant to

the board operating portions balance sheet and report business results. Accountant General also

charge a monthly tax declaration and tax settlement last year, collection costs, costs of products

and determine business results.

Accounting of fixed assets and construction: Monitoring the increase or decrease in fixed assets,

the calculation of amortization and depreciation. Track, set the cost of construction in progress

and transfer the costs when the works are completed and put to use. Also keep a record of

property, check and compare the data of accounting reports and summary of the assets of the

member units in the case of assets contributed as capital.

Accounting supplies: Tracking and accounting of the import-export warehouse supplies products

produced and consumed. Option pricing methods and materials suitable form of records.
Regularly reconcile the data with the relevant departments. From there follow the process of

production, collection costs, product costs and the allocation of materials and tools and supplies

prescribed accounting of the company.

Bank accountant: Implementation of activities related to banking, such as loan procedures,

monitoring interest; track transactions on deposit accounts at the bank and entered into the ledger

accounting software when incurred.

Accounting payment: Together with the chief accountant check the payment documents. Monitor

the payment of daily expenditures, Lap receipts, payment bills.

Accounting liabilities: Monitoring, inspection and urge liabilities thuphai must pay, liabilities

advance. Recommended measures to leadership debt collection as well as the appropriate


Payroll Accounting: Calculation and payroll, bonuses and the policy regime for the entire staff of

the company based on the provisions of the state and business and tabulate aggregate put up a

computer to allocate and salary deductions.

Treasurer:Management of cash on hand of the Company, made the profession of revenue and

expenditure of cash. Lap Authorized bank deposits, withdrawals and transfers, recording and

reporting funds according to regulations.

The accounting staff attached units: Track, set the costs incurred in these parts, making the report

Import - Export es supplies warehouse, goods, gathered and submitted to the Office of the

company's request.


2.2.1. The general accounting policies

Accounting systemCompany applies toanViet regime promulgated under Decision No. 15/2006 /

QD-BTC dated 20/03/2006 of the Minister of Finance, the Vietnam accounting standards by the

Ministry of Finance issued and additional revisions, guiding attached.

Accounting year: Starting 01/01, 31/12 concluded on an annual basis.

Currency use: Vietnam Dong (VND).

Applicable accounting forms: Public diary

VAT calculation method: Deduction method.

Principles define cash equivalents: A short-term investments not exceeding 3 months is capable

of readily convertible into cash and no significant risk of change in value from the purchase date

of such investments at the time of reporting.

Principles and methods of conversion to other currencies:The economic transactions incurred in

foreign currency shall be converted into Vietnam dong at the actual exchange rate at the time of

the transaction. At the end of the year the monetary items denominated in foreign currencies are

translated at the average exchange interbank State Bank of Vietnam announced on the end of the

accounting year. Actual exchange rate differences arising in the period and differences due to

revaluation of the balance of monetary items at the end of the year are transferred to the income

or financial expenses in the fiscal year.

Policy for inventories: Inventories are stated at cost. Where the net realizable value is lower than

cost, the net value terms possible. Original price of inventories includes the cost of purchase,

costs of conversion and other costs directly related incurred to acquire inventory location and

current status.

Methods of determining inventory value at maturity: Weighted average method.

Method of accounting for inventory: Perpetual method.

Provision for decline in inventories: Established at the end of the year, it is the difference

between the cost of inventory is greater than the net value of their realizable.

Recognition and depreciation: Recognition of tangible assets, intangible assets: Fixed assets are

recorded at cost. In the process of use of fixed assets recorded at cost, less accumulated

depreciation and residual value.

Method of depreciation of fixed assetsAccording to the straight line method. Depreciation period

is calculated according to the time frame prescribed by the State for each type of asset.

Principle capitalized borrowing costs: Borrowing costs directly attributable to the acquisition,

construction or production of uncompleted assets is calculated on the value of the asset

(capitalized), including interest on loan, Amortization of discount discount or premium when

issuing bonds, the extra costs incurred in relation to the process of borrowing procedures. The

capitalization of borrowing costs should cease when the major activities necessary to prepare the

uncompleted asset into use or sale are completed. Borrowing costs incurred thereafter will be

recognized as cost of production, sales in the period incurred. Borrowing costs capitalized in the

period shall not exceed the total borrowing costs incurred during the period. Amounts Interest

and amortization of discount or premium capitalized in each sign shall not exceed the actual

interest incurred and amortized discount or premium in that period.

Principle of capitalization of other expenses: Prepaid expenses: Prepaid expenses relate only to

the cost of production and business in the current fiscal year are recorded as short-term prepaid

expenses. The following costs were incurred in the fiscal year, but is accounted for in long-term

prepaid expenses to amortized into results of operations:

+ Tool usage instrument of great value

+ The actual expenses incurred related to the performance of many manufacturing business

accounting year. Other expenses in service of investment activities in capital construction,

renovation or upgrading of fixed assets during the period is capitalized in fixed assets being

invested or upgrading it. The upfront costs if only related to the current financial year shall be

credited to the cost of production and business in the fiscal year.

Principles for revenue recognition:

Sales: Recorded while simultaneously satisfying the following conditions:

+ Company has transferred substantially all risks and rewards associated with ownership of the

products or goods to the buyer

+ Company no longer in power management as the owner of the goods or control of goods goods

+ Revenue is determined relatively sure

+ The company has obtained or will obtain economic benefits from the sale

+ Determine the costs related to sales transactions.

Revenue from service providers: Recognized as a result of the transaction can be measured

reliably. Where the provision of services related to several periods, revenue is recognized in the

period as a result of work already completed at the date of the accounting balance sheet of that

period. The result of the transaction service provider is determined to satisfy the following


+ Revenue is determined relatively sure

+ Ability to obtain economic benefits from the transaction

+ The percentage of the work has been completed at the date of balance sheet


+ Determine the costs incurred for the transaction and the costs to complete the transaction

provides that service.

Revenue from financial operationsRevenue arising from interest, profits and dividends and

revenues from financial activities are recorded simultaneously satisfy the following two


+ Ability to obtain economic benefits from the transaction

+ Revenue is determined relatively sure

2.2.2. Organization applying accounting voucher system

Accounting voucher system at JSC TEEKIU be applied according to the content and method of

preparation and signing documents under the provisions of the accounting law and decree No.

129/2004 / ND-CP dated 31/5 / 2004 of the government on detailed regulations and guidelines

for implementation of some articles of the law applicable accounting in business activity.

Summary of arising vouchers

Labor and wages

Timesheets, salary payment tables, Paper Navigator list of deductions from wages, salaries and

allocations table SI


Warehouse receipts, delivery bill, inventory record supplies, tools, products, merchandise,

shopping lists, table allocation of raw materials, materials, tools, instruments


VAT invoices, invoice, customs declaration, export contracts, the quality test documentation ..


Request for an advance, the advance payment paper, written request for payment, fund the

inventory table (for VND), Authorized, Czech

Fixed assets

The transfer and receipt of fixed assets, amortization liquidation reports, minutes of the handover

complete overhaul of fixed assets, fixed asset inventory record, Sheets and allocate depreciation

The order of transfer documents

Step 1: Establishment, receiving and processing of accounting documents;

Step 2: Accountant, chief accountant and signing checks or vouchers now the director of signing;

Step 3:Classification, sorting accounting documents, the ledger accounts and records;

step 4: Storage and preservation of accounting vouchers

2.2.3. Organization applying accounting account system

Currently JSC TEEKIU are using the system account business accounting issued by Decision

No. 15/2006 / QD-BTC dated 20 January 03, 2006 by the Minister of Finance and choose the

account appropriate to apply to accounting operations at the company. The detailed account was

created to account level 2; 3 as assets 311 Short-term loans are specified for objects such as bank

loans, account sales, expenses are open to all kinds of details and services.

2.2.4. Apply system organizations bookkeeping

Originating from organizational characteristics production management business and ask

hachtoan in units that are now the order book of accounts of the Corporation TEEKIU built

according to the order of forms diary general and part software is being applied in the work of

accounting software: ACSOFT quite consistent with management requirements and conditions of

the company. ACsoft software allows secured with passwords, permissions to access and update

information. Updating and data processing was conducted directly, accounting documents

generated daily is encrypted and updates the specific menus.

Daily, based on the accounting documents, accounting sections determination of debit account,

the account credited for entering data into the computer according to the tables designated on

accounting software.

Last month, accounting manipulations performed closeout (plus books) and financial reporting.

The comparison between the data compiled with the detailed data is done automatically and

ensures accurate and truthful as the information has been entered in the period. Accountant

General can examine and compare data between accounting books and financial statements after

printing to paper; Last month, Last year aggregate ledger and accounting details to be printed,

bound and implementation of legal procedures under the provisions of accounting books by


2.2.5. Organize accounting reporting system

Reporting accounting systems at companies including: Financial Statements and Management


* Financial reporting system:

At the end of the accounting year, the subsidiaries and branch independent and submit reports to

tax authorities tax the host; At the Corporation, Accountants prepare and submit financial

statements to tax authorities direct tax administration; for statistical agencies and agency

business registration offices. Content, the presentation, the deadline established, and publicly

filed financial statements comply sum stipulated in the circular guide of 21 accounting standards.

* Reporting System Administrator:

Monthly, parts, branches and including Accounting and Finance Department of JSC TEEKIU

must submit a preliminary report on the results of business activity in that month to the Office of

the General Manager.

Quarterly subsidiaries, affiliates and the Accounting and Finance Department reporting company

governance to reflect revenues and expenditures, debts and the situation of consumer products

and services and goods in order to advise directorate of financial plans, policies and strategies for

accounting and finance in the short and long term.

Last year, the end of the accounting year - Financial Corporation will TEEKIU sum settlements

all subsidiaries, affiliates to distribute profits.

System management reports include:

+ Quick Report financial situation

+ Revenue and expenditure report

+ Detailed reports account liabilities 131,138,141,331,338 ...

+ Situation report outstanding loans and credit institutions.

+ Detailed report revenue item, object

+ Detailed report expenses under items ...



2.3.1. Accounting organization capital in cash

Cash capital of the enterprise is the property exist directly in the form of cash includes cash in

money funds, bank deposits and cash in transit. In the process of production and business, capital

in cash has been used to meet the demand for payment of debts of the enterprise or the

procurement of supplies and goods to serve production and business both as a result of the

purchase sale or recovery of debts.

Currently, JSC TEEKIU implementing accounting cash capital under the regime of the current

accounting issued under Decision No. 15/2006 / QD-BTC of March 20, 2006 the Minister of

Finance . Companies accounted capital in cash, using the unified currency is Vietnam dong.

Foreign currency accounting using an exchange rate is the average exchange rate on the foreign

currency market interbank State Bank of Vietnam announced at the time of the transaction to be


User account:

Account 111: cash on hand

Account 112: bank deposits

Account 113: cash in transit

007 accounts (balance sheet accounts) Foreign currencies.

Documents used:

- Receipts - Form 01 - TT

- Payment cards - Form 02 - TT

- The inventories of funds - Form 07 a - TT / BH and 07b form - TT

- Deposit Slip

- Accreditative

- Paper paid - Form 04 - TT.

- Proposal - Mau05 - TT.

Books used:

- detailed accounting books: Book cash funds, bank deposit book, a detailed book TK 113

- general accounting books: Ledger Accounts 111, 112, 113; General journal, the Journal

Register levy; The journal spend money

The order of some professional accountants primarily related to capital by the Accounting

Company cash shown on the following diagram:

Some Transactions related to share issue Accounting cash capital:

Relating to professional cash: Based on the original documents as Chemistry donGTGT, invoices

ordinary sales, receipts, ... and Request for Payment cuanguoi proposal to spend money (the

seller), chief accountant checking and approval of payment order (Those big bucks on a new 100

million to over the control of the head unit) .Ke billing (accounting cash) up Voucher,

expenditures are made in 03 lienchuyen accounting heads up payment bills. Treasurer done

spending money then transfer the original vouchers to cash flow Accounting joint 01, up 01 joint


2.3.2. Organization of accounting of fixed assets

Fixed assets of the business are assets of great value and estimated economic useful bring lasting

business. Amortization in general business and in the parts used in particular is one of the

important parts contributing to meet the production needs of the business. Currently, the

enterprise applies the method of accounting of fixed assets accountant by Decision 15/2006 /

QD-BTC of March 20, 2006 by the Minister of Finance. Method and depreciated on a straight-

line method. About evaluation and amortization of fixed assets are evaluated at cost, depreciation

and residual value.

Accounting amortization in the Company must comply with the following provisions:

- With the purchase by the company fixed assets: Any asset purchase by the company must be

reflected in a fixed window. Chief Accountant is responsible for determining the number of

accumulated depreciation charged to cost of production business as defined by the Treasury

Department. Amortization allocated to the company's units, each unit is responsible for


- With assets outsourced Chief Accountant is responsible appraisal category, time, quantity,

method and price with the machinery, equipment, vehicles should outsource service for

construction activities basic investment and business activities. Financial - accounting

appraisalthe lease of machinery, equipment, and the General Director phuongtien.

- When selling or liquidation of fixed assets, the company must establish an evaluation board

technical situation, appraise the value of assets. The difference from the liquidation, sale of fixed

assets obtained (if any) shall be accounted for in the results of production the company's


The lease, mortgage, pledge the assets of the company on the principle of effective fruit,


The basis for payment of the cost of repairs, upgrades and amortization include: Recommended

repair capacity, upgrade fixed assets was the general director (deputy director general is


rights) approval. Test records handed over volume, quality repair, upgrade

level of fixed assets (if outsourced). Invoice or receipt is valid.

- All cases of increased amortization, companies have formed the commissioning, testing

received amortization, set up the "handover report and amortization". The transfer record


made for each asset in the company and as a basis for forwarding to the accounting of fixed

assets and recorded


- Card by accounting amortization and amortization made for each object recorded amortization

and Design Chief Accountant certify. Cards saved in departments throughout the accounting

process used asset.

- The basis for the establishment card accounting amortization: Fixed assets handover report,

Minutes revaluation of fixed assets and amortization The depreciation, amortization legal

Minutes, Documents related accounting.

- In all cases, company discounts and amortization were up adequate procedures and documents

reduced amortization as: decision, records, contracts, minutes of liquidation of fixed assets.

- Minutes of the liquidation rationale bar fixed up and have sufficient signatures, clearly name of

head of the liquidation, the chief accountant and general director of the company .. Since then,

based on the discount vouchers accounting amortization reflects amortization, write Copy the tag

and amortization

* Cost

Cost is the total actual cost spent to get fixed until when put into normal operation of fixed

assets. Cost is the basis for the depreciation and amortization, thus it needs to be determined

based on the principle Profile the cost and the principle of objectivity. Ie Cost is formed on

reasonable costs and based on valid grounds for an objective, such as invoices, price asset

markets ...

* Depreciation of fixed assets

The Company applies the straight-line depreciation method, depreciation expense constant years

of fixed assets is calculated by the following formula:

Year depreciation rate X = Raw giaTSCD year depreciation rate

In which year depreciation rate = (1 / number of years of use) X 100

* Residual value:

Residual value = Cost Accumulated depreciation -Price

* User account:

TK 211: Tangible fixed assets

TK 212: Finance lease assets

TK 213: Intangible fixed assets

TK 214: depreciation and amortization

* The documents and the accounting books used

The transfer and receipt of fixed assets: Form 01 - amortization / BB

Minutes of the liquidation of fixed assets: Sample 03 - amortization / BB

The handover report complete overhaul of fixed assets: Sample 04 - amortization / HD

Minutes of the revaluation of fixed assets: Form 05 - amortization / HD

Property Cards: Form No. 02 - Fixed assets

Book amortization.

The order of some professional accountants primarily related to fixed assets of company:

2.3.3. Organizational cost accounting

Production costs and product prices are two separate concepts. Production costs are associated

with each period incurred costs, and costs associated with the volume of products, jobs, workers

have completed service.

Costs of production during the period are not only related to the finished product but also related

to both the final unfinished products and product damage. Prices are not related to the cost of

production progress and the end product is damaged but is related to the cost of unfinished

products move to the previous period. However, between the cost of production and prices have

relationships with each other as intimately basic contents of them are manifestations of the

proceeds of the business costs spent for production activities. Production costs in the base period,

which is the basis for calculating the cost of products, jobs, workers have completed service.

Waste or saving production costs have a direct impact to the product cost high or low. Therefore,

good cost management must first good expense management.

The relationship between production costs and product prices are expressed quacong following


When the value of work in progress (unfinished production costs) beginning and end equal or

manufacturing no unfinished products, total product cost is the total cost of production incurred


Currently the company JSC are applied TEEKIU actual costing of products according to the total

cost method. Under this method the cost of products is determined by adding the cost of

production of the stage, the production department to make up the final product. Companies

choose to allocate common costs according to the following criteria:

- Allocate the direct labor costs

- Allocate the cost of direct materials

- Allocate according to general production costs

* User account:

TK 621: cost of direct materials

TK 622: direct labor costs

627: general production costs

TK 6271: The cost of staff salaries management workshops

TK 6272: The cost of secondary raw materials

TK 6273: Cost of tools, instruments

TK 6274: depreciation expenses for workshops

TK 6277: The cost of electrical services, water

TK 6278: cash expenses other

TK 154: production costs of unfinished business.

* Documents used:

Wage payment table, table paying overtime, listing amounts deducted from wages, allocation

table ingredients, materials, tools and supplies, spreadsheets and allocate depreciation, ...

The order of some professional accountants mainly related to labor costs

2.3.4. Organize accounting of salaries and salary deductions

Wages are expressed in cash for the social product pay for employees corresponding to the time

the quality and outcome of labor which they contribute. Thus wage labor is essentially destined

amounts paid by enterprises for employees in the time they devote to the business. Wages can

manifest either in cash or in kind. Wage function is extremely important it is economic leverage

has encouraged employees to abide by labor discipline, ensures days, hours, labor productivity,

saving the cost of labor, lower product costs to increase profits for businesses.

Businesses also reward system to encourage workers based on work results and consciously

work of the employees has been general director and chief accountant for approval.

* User account:

+ TK 334 reflects payable to staff members and the situation of payment of which (including

salaries, bonuses, social insurance and the terms of the income of staff members) + TK 338

(3382, 3383, 3384 ) used to reflect the social insurance, health insurance, trade union fees


* The documents and the accounting books used:

Timesheets - Form 01 - LDTD.

Wage payment table - Form 02 - LDTD.

Social insurance payment table .- Form so04 - LDTD.

Bonus payment table - Form 05 - LDTD.

Report cards do themgio - Form 07 - LDTD.

Exchange contracts - Form 08 - LDTD.

Book your payment details with the staff member.

Account ledger 334, TK 338

The order accounting payable to employees in the company are outlined in the diagram


Accounting salary deductions:

* Social Insurance

Social Insurance (SI) is one of the important contents of social policy that ensures the state

before the law for people in general and in particular nguoilao action. Based on participation and

contributions of the employees, the employers and the management of state protection.

* Health Insurance

Is a grant of money medicine, health care for employees, the sick must be treated while working

at the company. The health insurance fund is appropriated under specified percentage of the total

wages paid to staff members and is calculated into the cost of business. Extraction mode in our

country today is 3%, of which 2% deduction on the cost of business, 1% deduction on the

income of workers.

* Union funds

Under the current rate regime trade union dues deductions of 2% shall be deducted on business

production costs.

* TK uses:

TK 338: Other payable payable

3382: trade union dues

3383: Social Insurance

3384: Health insurance

Some Transactions related to share issue Payroll Accounting andThe salary deductions in the


* Calculate wages payable to officers, employees in company are:

- Wages paid to the department office:

Debit Account 642 - Account 334

- Wages paid to business division, sales:

Debit Account 641- 334

- Wages paid to the management department of workshops:

Debit Account 627 - Account 334

- Wages paid to employees directly engaged in production:

Debit Account 622 - Account 334

* Payment for staff salaries, staff member companies:

- Payment of salaries for office department:

Debit details 334 office workers - Account 111 or 112, 141, 138

- Payment of salaries to the sales department:

Debit Account 334 details salesman - Account 111 or 112, 141, 138




Accounting work of the company Teekiu relatively complete. How to organize and work

arrangements are very reasonable, not overlapping and closely related to each other, of the

accounting support each other. The attitude of the staff work very seriously but still fun

atmosphere, intimacy, relationships in the office sociable collaboration creates jobs very


In addition, everyone can develop their competence, creativity and opinions contribution that

employees make are respected ... it is also a cause create working style seriously and

effectiveness of people. With the accounting work of the entire company, always updated and

apply the new regime was enacted, the full implementation in accordance with accounting


* Documentary: The documents used by the company are in accordance with the regulations of

the Ministry of Finance and in accordance with the type of company. As for cost accounting

costs in the company also uses a number of special vouchers specifically to serve for the set of

costs and costing more convenient but still adhere to the regulations of the Ministry of Finance.

The bookkeeping to be done regularly, daily mutual reconciliation. The company has done the

assignment in accounting work quite clear and specific duties of each staff accountant,

bookkeeper in the company. Thereby, has promoted the creation of initiative and responsibility in

the work of each member of the company

* Regarding the accounting process: The company shares Teekiu method is applied parallel

card. This method makes recording simple, easy to check and easy to check.

* About bookkeepingCompany Teekiu applicable method of perpetual inventory accounting.

This method is relatively consistent with the characteristics of business production pace of the

company, reflecting the full, timely and frequent situation of import - export - existence of

inventory. The Company applied the accounting form of general journal, is a form of accounting

book forms a simple, easy to understand, easy to record, suitable for the application of computer

software in the accounting work.

* Regarding the accounting report: JSC Teekiu reporting accounting period-end meets the

need to provide comprehensive information on the system of the production business, results of

operations and the level of capital in the business.

Companies choose the form of general journal in accounting work is consistent with the general

trend as well as matching the actual application of informatics in accounting here. On the other

hand, with this kind of process is simple accounting, compact thereby improving operational

efficiency, convenient for checking and comparing the detected errors. The documents used in

the company are in compliance with the form prescribed by the Ministry of Finance. As for cost

accounting costs, the Company also uses a sochung from its own characteristics to serve for the

set of costs and costing more convenient and still comply with the provisions of the Finance


* Regarding the division of labor in the accounting apparatus:

Apparatus Finance and Accounting of JSC TEEKIU organized into finance department and

accounting consists of 10 people including the head of the chief dsoc Finance and Chief

Accountant is also the Chief Accountant and 8 workers rim. Division of Finance and Accounting

function manages the entire financial accounting activities of the company. Also advising the

Board of Directors on financial plans, policies and financial and accounting strategies. organize

and perform accounting of the company under the current financial regime and business

characteristics of the EAM ty.Bo company separated into sections separate act by accountants

perform. Each accounting staff are functions, duties and powers, separate volume accounting of

assigned work.



Besides the points achieved, accounting work here and some exist as:

Documentary : The documents used but are correct on the form prescribed by the Ministry of

Finance but besides preparing original documents missing, many transactions occur without

making documents at the time of such operations incurred. approval procedures, much longer

turnaround times, not science lead to costly labor costs active living and materialized labor for

the processing of information in general and in particular the initial accounting.

Regarding the collection costs:. Public employee labor to be monitored in great detail and in

particular through the vote count of each person. However, there are too many documents to the

sum of hard cash. Add to that the accounting statements of the Company have not agreed on the

method and criteria established in the report so the track in the company is limited.

HR With the number of employees as at present compared with the huge block luongcong is not

equivalent. Each employee in the room longer have multiple operating kiemnhiem. Examples of

EAM Corporation vienke's no salary payment, work tracking salary and salary deductions

chocan of employees is due to the administrative room staff made. Thus, the personnel in the

company have not been consistent layout, still lacks many viectro makes up overlapping.

* To improve the organization of accounting in business in general and in particular the

Company to share TEEKIU.

Perfection of transfer documents: NVL must comply with the Accounting Principles chatche

making documents, original documents must be new to the ledger. Quytrinh from building norms

used to phase out use NVL need phaiduoc adhere closely and science hoc.Ngoai the company

should stipulate the lapcac vouchers on time, to avoid the situation until the end of the month or

new period-end up, by this misleading errors in the accounting work and reduce the volume of

the day luongcong final

Completing the internal control systemTo meet management requirements as wellas ensure

efficiency in production operations of its business, the company has a local Thai Hoa

Corporation should develop and constantly reinforce control systems soatnoi of the four major

elements: Environmental field control, information systems, procedures and control systems

tuckiem internal audit. There is such a new company ELIGIBILITY ensure sustainable

development, ensuring operational efficiency and management capacity.

Perfect organization and staffing issues: Workshop shared production group, therefore, the

Company should also monitor the amount of teamwork. Each group has a book

own track in which details for each worker, last month the team leaders will taphop and

transferred to payroll accounting workshop. Then staff will guibang aggregated statistics on

wages accounting department for accounting General. So, will use more vouchers dungit then

wages will gather faster and much less strenuous. In addition companies should strengthen

further raCong for company accounting staff both in terms of quantity and

quality. Regularly send staff to study accounting exchanged via hocngan term courses to improve

skills and capture change information.


In the trend of economic globalization and the development of a system of powerful

multinational corporation, the economic bloc, Vietnam is facing many difficulties and

challenges. But in the circumstances it has created a more mature businesses, create

opportunities for integration and economic development. Cungtheo trends on the business of

manufacturing enterprises increasingly diversified business, general accounting work

increasingly complex. So in order to survive and grow, companies need to strive ceaselessly with

the energy of his making apparatus operating companies increasingly effective, especially the

work of accounting at unit.


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Author: Vo Van Nhi

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Author: Phan Duc Dung

5. Curriculum design principles Toan Publisher Statistics.

Author: Tran Phuoc

6. Vietnam accounting system - the system of accounting accounts - Statistical Publishing House.

Author: MoF