Bowls, pots, tables, chairs, tablecloths, etc. in the catering industry should be included in the turnover materials account, and low-value consumables can be set in the secondary detailed account. When purchasing, the accounting entries are:

Borrowing: turnover materials-low-value consumables-taxes payable-value-added tax payable (input tax)

Lending: cash on hand/bank deposits

.

the planned cost or actual cost of enterprise's turnover materials, including packaging materials and low-value consumables, shall be accounted by the subject of "turnover materials". This course can be divided into "in stock", "in use" and "amortization" according to the types of reusable materials.

for the packaging and low-value consumables of an enterprise, the subjects of "packaging" and "low-value consumables" can also be set separately. Extended information

Low-value consumables can generally be divided into

general tools according to their uses: various tools directly used in the production process. Such as cutting tools, fixtures, molds and other various auxiliary tools.

special tools: refers to various tools specially used for producing various products or only used in a certain process. Such as special molds and special fixtures.

replacement equipment: refers to all kinds of equipment that are easily worn, frequently replaced or need to be replaced for producing different products. Such as roller for rolling steel and ingot mould for casting steel ingot.

packaging container: refers to all kinds of packaging articles that are used for internal turnover of enterprises and are neither rented nor lent. Such as holding materials, wooden barrels for storing goods, porcelain jars, etc.

labor protection articles: refers to the safety helmet, work clothes and various protective articles issued to workers for labor protection.

management tools: refers to all kinds of furniture and office supplies used by management departments and managers. Such as filing cabinets and typewriters.

other low-value consumables: refer to low-value consumables that do not belong to the above categories.

There are four main amortization methods for reusable materials:

1. One-time resale method, which should generally be limited to perishable and perishable reusable materials, and be included in the costs and expenses at the time of collection.

2. amortization method, which amortizes the costs and expenses by stages according to the expected service life of the turnover materials.

3. amortization by stages, which amortizes the costs and expenses according to the expected usage times of the turnover materials.

4. Fixed amortization method, which calculates and confirms the amount of amortized costs and expenses in the current period according to the actual completed physical workload and the consumption quota of revolving materials stipulated in the budget quota.

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