RESOLUTION OF THE MINISTRY OF FINANCE OF THE REPUBLIC OF BELARUS

of December 28, 2022 No. 64

About the inventory bookkeeping

Based on the paragraph of the fourth Item 5 of article 5 of the Law of the Republic of Belarus of July 12, 2013 No. 57-Z "About financial accounting and the reporting", the paragraph of third subitem 4.32 of item 4 and Item 10 of the Regulations on the Ministry of Finance of the Republic of Belarus approved by the resolution of Council of Ministers of the Republic of Belarus of October 31, 2001 No. 1585, the Ministry of Finance of the Republic of Belarus DECIDES:

1. Approve the National accounting standard and the reporting "Inventories" it (is applied).

2. Determine that the organizations (except for National Bank, banks, "Development Bank of the Republic of Belarus" open joint stock company, the non-bank credit and financial organizations, banking groups, bank holdings, state-financed organizations):

January 1, 2023:

the cost of the container making repeated revolution, including the mortgage container (further – multireusable tare) which is subject to return by the buyer to the supplier is reflected the buyer on the debit of account 60 "Settlings with suppliers and contractors" and the credit of accounts 10 "Materials" (the score 10-4 "Container and tare materials"), 41 "Goods" (the score 41-3 "Container under goods and empty") and on the debit of the off-balance account entered into the chart of accounts of financial accounting of the organization (further – the off-balance account);

actual cost of the multireusable tare transferred by the supplier to the buyer together with inventory items is reflected the supplier on the debit of accounts 10 "Materials" (the score 10-4 "Container and tare materials"), 41 "Goods" (the score 41-3 "Container under goods and empty") and to account 62 credit "Settlings with buyers and customers"; the difference between the cost of accounts receivable of the buyer for the multireusable tare transferred to him and actual cost of this container is reflected the supplier on the debit (credit) of account 62 "Settlings with buyers and customers" and the credit (debit) of account 84 "Retained earnings (uncovered loss)";

since January 1, 2023:

the cost of the multireusable tare transferred by the supplier to the buyer together with inventory items is reflected the supplier internal records on accounts 10 "Materials" (the score 10-4 "Container and tare materials"), 41 "Goods" (the score 41-3 "Container under goods and empty"), the buyer – on the debit of the off-balance account;

the cost of the multireusable tare returned by the buyer to the supplier is reflected the supplier internal records on accounts 10 "Materials" (the score 10-4 "Container and tare materials"), 41 "Goods" (the score 41-3 "Container under goods and empty"), the buyer – on the credit of the off-balance account;

the cost of the multireusable tare which is not returned by the buyer to the supplier in time, established by the agreement, is reflected the supplier on the debit of account 90 "The income and expenses on the current activities" (the score 90-10 "Other expenses on the current activities") and the credit of accounts 10 "Materials" (the score 10-4 "Container and tare materials"), 41 "Goods" (the score 41-3 "Container under goods and empty"), the buyer – on the debit of accounts 10 "Materials" (the score 10-4 "Container and tare materials"), 41 "Goods" (the score 41-3 "Container under goods and empty") and to account 60 credit "Settlings with suppliers and contractors", on the credit of the off-balance account.

3. Make changes to the following resolutions of the Ministry of Finance of the Republic of Belarus:

3.1. in the resolution of the Ministry of Finance of the Republic of Belarus of April 22, 2011 No. 23 "About establishment of forms of the act of reception-transmission of fixed assets, the act of reception-transmission of intangible assets and approval of the Instruction of procedure for filling of the act of reception-transmission of fixed assets and the act of reception-transmission of intangible assets":

state preamble in the following edition:

"Based on part one of Item 3 of article 10 of the Law of the Republic of Belarus of July 12, 2013 No. 57-Z "About financial accounting and the reporting", Item 1 of the resolution of Council of Ministers of the Republic of Belarus of March 24, 2011 No. 360 "About approval of the list of source accounting documents", the paragraph of third subitem 4.32 of item 4 and Item 10 of the Regulations on the Ministry of Finance of the Republic of Belarus approved by the resolution of Council of Ministers of the Republic of Belarus of October 31, 2001 No. 1585, the Ministry of Finance of the Republic of Belarus DECIDES:";

state Item 2 in the following edition:

"2. Approve the Instruction about procedure for filling of the act of reception-transmission of fixed assets and the act of reception-transmission of intangible assets it (is applied).";

in the Instruction about procedure for filling of the act of reception-transmission of fixed assets and the act of the reception-transmission of intangible assets approved by this resolution:

to add Item 2 after part two with part of the following content:

"The act of reception-transmission of fixed assets can not be filled in with the organization deliverer and (or) the organization receiver in case of reception-transmission since January 1, 2023 of stock, economic accessories, tools, the special equipment (the special tool, special devices, the special equipment) if at the same time source accounting document which form is established by the legislation, and in the absence of the form established by the legislation is processed, – is developed and claimed by the organization independently.";

5, of Item 9 of the word "Republic of Belarus" to exclude from the paragraph of the third Item;

3.2. in the resolution of the Ministry of Finance of the Republic of Belarus of June 29, 2011 No. 50 "About establishment of the standard chart of accounts of financial accounting, approval of the Instruction about procedure for application of the standard chart of accounts of financial accounting and recognition voided some resolutions of the Ministry of Finance of the Republic of Belarus and their separate structural elements":

state the name in the following edition:

"About the standard chart of accounts of financial accounting";

state preamble in the following edition:

"Based on the paragraph of the fourth Item 5 of article 5 of the Law of the Republic of Belarus of July 12, 2013 No. 57-Z "About financial accounting and the reporting", the paragraph of third subitem 4.32 of item 4 and Item 10 of the Regulations on the Ministry of Finance of the Republic of Belarus approved by the resolution of Council of Ministers of the Republic of Belarus of October 31, 2001 No. 1585, the Ministry of Finance of the Republic of Belarus DECIDES:";

state Item 2 in the following edition:

"2. Approve the Instruction about procedure for application of the standard chart of accounts of financial accounting it (is applied).";

in the Instruction about procedure for application of the standard chart of accounts of financial accounting approved by this resolution:

in Item 1 of the word of "National Bank of the Republic of Belarus" shall be replaced with words "National Bank";

to exclude from part two of Item 3 of the word "Republic of Belarus";

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