What is the difference between financial machine materials and low-value consumables? Please help me answer it.

Low-value consumables refer to items that do not meet the standard of "fixed assets" and can still maintain their original shape and performance after repeated use, such as desks and tools with low value. The consumption of machine materials means that after use, even if it is used once, even if its shape and function have changed greatly, even if it is used once, it will be combined with discarded items, such as grinding wheels, hydraulic oil, acetylene, etc. The consumption of low-value consumables and machine materials reflects the value existence form and value transfer form of low-value consumables from different angles. Simply put, low-value consumables are purchased items that have not yet been put into use, and their values are reflected in the inventory column of the balance sheet; The consumption of machine materials is a detailed account under the cost category and belongs to the expense category. It is only after the low-value consumables are put into use that the expenses will go, and there is generally no balance after the carry-over. Low-value consumables refer to tools, management appliances, glassware, packaging containers and other appliances and articles used in the business process that are not accounted for as fixed assets. Features: According to its role in the production process, it belongs to labor materials. It can participate in the turnover for many times without changing its original physical form, and it also has a certain residual value when it needs to be maintained, repaired or scrapped during use. However, in practical work, low-value consumables need to be replaced frequently because of their low value and easy damage, and their procurement and requisition business is frequent. In order to facilitate accounting and management, it is classified as inventory in accounting and managed in kind as inventory. In accounting, due to its own characteristics, the accounting of low-value consumables is similar to that of materials and fixed assets. How to distinguish between "machine material consumption" and "low-value consumables" under manufacturing expenses? Low-value consumables refer to artificial materials and equipment with a unit value within the specified amount and a service life of no more than one year, and equipment with a service life of no more than two years for non-production and operation.

Consumption of machinery and materials: the loss of machinery and materials in the whole management process from raw materials entering the factory to production and processing to sales. In industrial enterprises, how to distinguish between low-value consumables and machine material consumption! Low-value consumables are characterized by low value, variety, large quantity, easy wear and tear and short service life, which leads to frequent purchase and scrapping.

Classification of low-value consumables:

(1) Commercial electrical appliances refer to all kinds of electrical appliances used in business, such as cleaning appliances, fire-fighting appliances and greening appliances.

(2) Management appliances refer to all kinds of furniture appliances in enterprise management, such as safes, sofas, chairs, tables, bicycles, etc.

(3) Packaging containers refer to turnover boxes, packaging bags, etc. Property management companies use it in the course of operation.

(4) Other appliances refer to low-value consumables that do not belong to the above classification. How to distinguish between "amortization of low-value consumables" and "material consumption" in accounting expense items: all expenses incurred in the process of production and operation can be called expenses; Cost: The objectified cost can be called cost. For example, the freight generated by transporting a few boards back by car in a wood processing factory is called "transportation cost". Some of these plates are used to make tables, while others are used to make chairs. Then, the "transportation cost" shared by the table becomes the cost of the table. The "transportation cost" shared by the chair becomes the cost of the chair. Low-value consumables: compared with fixed assets, they do not constitute fixed assets and have no objective expenses, but exist in physical form and have a certain service life, such as desks, chairs, etc. Cabinet sofa can be called low-value consumables (excluding materials). Amortization can be carried out in accordance with the prescribed proportion, such as 50-50 amortization method and one-time amortization method. Material consumption: similar to material consumption, its value is transferred to cost at one time, and there is no use cycle.