Of azerbaijan high technical educational institutions

PAHTEI 
PROCEEDINGS OF AZERBAIJAN HIGH TECHNICAL EDUCATIONAL INSTITUTIONS 
VOLUME 27 ISSUE 04 2023 
E-ISSN: 2674-5224 
according to the nomenclature-price tag. Analytical accounts are grouped by material groups, 
storage locations, financially responsible persons, by synthetic accounting accounts and 
subaccounts. Data on analytical accounts are summarized in the balance sheets. They use accounts 
of analytical accounting to control the storage and movement of inventories, their evaluation, 
comparison with warehouse accounting data, as well as to summarize the inventory. 
Accounting is greatly simplified when using computer equipment in warehouse accounting. In 
this case, all income and expense documents are processed daily or as they arrive from 
warehouses. 
The previously existing methods of accounting for inventories, which were developed by science 
and practice, have lost their relevance to some extent over the past years and were mainly focused 
on the system of manual labor in the conditions of the so-called fixed (planned) prices regulated 
by the state. 
Therefore, today all this requires improvement and new approaches regarding the organization 
and methods of conducting analytical accounting for the presence and movement of inventories, 
which is one of the most important and most laborious areas of accounting. 
The importance and laboriousness of conducting quantitative analytical accounting of inventories, 
their significant qualitative indicators necessitated the search for more rational methods of 
accounting for inventories in order to eliminate duplication of the same operations. 
A variety of operational accounting is the so-called operational-group analytical method of 
accounting for inventories, where they are accounted for in the context of their types, groups and 
subgroups. To account for materials by groups, it is advisable that the group includes no more 
than 100 of their names, which greatly facilitates and speeds up the process of identifying possible 
errors (IAS, 2014: p.175). 
To improve the efficiency of the operational accounting method of accounting
for inventories, it is advisable to break down their groups into several subgroups so that in the 
subgroup the number of items of industrial reserves does not exceed one hundred items, which 
will allow you to control the volume of inventories to account for their movement and 
verification. This can be achieved by monthly drawing up waybills, limit-fence cards, an invoice 
for the release of materials to the side and information on the receipt and disposal of inventories 
for each subgroup of inventories, which increases the efficiency of identifying possible errors in 
warehouse and accounting accounting. In addition, it should be noted that with automated 
accounting, the program allows you to effortlessly generate this information in an analytical 
context both for groups and subgroups of materials, and for their individual types and varieties for 
any period. 
The warehousing of most enterprises is quite complex and consists of a network of warehouses 
with special devices and equipment for moving, storing industrial stocks (racks, handling, 
weighing, measuring, etc.). At present, many organizations are constantly working to improve 
warehouse management with the use of various means of mechanization and automation of 
warehouse operations, as a rule, using computer technology, and automated systems for managing 
warehouse technological processes are being introduced. 
Enterprises and organizations need a perfect inventory management system, when the complexity 
of management increases dramatically, the requirements for the efficiency of solving traditional 
planning and accounting problems become much more complicated and increase. In inventory 
management today, there is a need for fundamental changes in the methods of their 
implementation. 

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