Specifics of accounting and management accounting of expenses by organizations in the trade sector

Abstract

The article highlights, discloses and substantiates individual aspects of accounting of expenses, typical for enterprises in the trade sphere. The shortcomings inherent in accounting of expenses of trade enterprises are considered in detail. Approaches to elimination of these shortcomings are defined. Particular attention is paid to the classification, detailing and analysis of commercial expenses, calculation of natural loss rates, and the specifics of accounting for culinary shops in retail chains. The main tasks of management accounting of expenses in the trade sector are listed. The importance of introducing elements of the management accounting system for expenses of trade enterprises is substantiated. Attention is paid to the processes of budgeting and analysis of expenses. The implementation of the proposed approaches and methods to the organization of the management accounting system of trading enterprises will allow them to effectively manage trading activities, competently optimize commercial expenses, find ways to save and increase reserves, plan, calculate profitability and determine the break-even point.