Basic Accounting Knowledge: Internal Settlement

What is internal settlement?

Internal settlement refers to the calculation of the responsibility of the center of an enterprise by the internal transfer price arising from the mutual supply of products or services. Claims And debts. In accordance with the means of settlement, internal cheque settlement, transfer notification and internal currency settlement can be adopted separately.

The method of internal cheque settlement: mainly applies to the large scale business settlement of direct economic transactions between the two sides of the enterprise.

Characteristics, one hand money, one hand goods, will not refuse to pay.

The transfer notification form is applicable to regular quality and price stability. Dealings Business.

Characteristics, simple procedures, timely settlement, but may refuse to pay.

The internal currency settlement method is suitable for relatively small business settlement.

Characteristics: inconvenient to carry, counting trouble. One hand and one coin will not. Happen Refuse to pay.

The way and organization of internal settlement

(1) the mode of internal settlement should be chosen in accordance with the principle of meeting the requirements of settlement and settlement and simplifying formalities. Generally, the check in factory is more suitable, and it can also be decided by the enterprise according to its specific circumstances.

(two) the organization of internal settlement generally has two forms:

The first is to set up a settlement center in the finance department, which is mainly responsible for the dealings between the various departments within the enterprise, and the accounting is relatively simple.

The other is the factory bank, which has the functions of settlement, credit, control, etc., but the accounting work is more complicated, and the enterprise can choose the appropriate organizational form according to the management needs.