Fixed Asset Inventory Number: The Procedure of Assigning and Using

The inventory number is assigned to each object of fixed assets that was credited to the enterprise balance sheet for the purpose of analytical accounting of fixed assets and providing of monitoring of their use in the places of operation. The presence of outdated requisites in some typical forms for accounting of fixed assets, the lack of methodical recommendations for filling them, and the business entities' possibility to document business transactions using self-made forms, complicates the process of inventory number assignment. The purpose of the article is to improve the documenting of the process of inventory numbers assignment to fixed assets by business entities of non-state ownership. Based on the analysis of the contents of regulatory legal acts and the existing practice of primary accounting of fixed assets, the procedure for assigning and using the inventory numbers of fixed assets by business entities of non-state ownership was disclosed. It was found out that such business entities independently determine the procedure of formation the fixed asset inventory number. The overwhelming majority of them are guided by the norms established for budgetary institutions. The structure of the fixed asset inventory number of state and non-state enterprises was schematically presented. The form of the register of fixed assets, which contains qualifying, identification and reference data on fixed assets of the enterprise, was proposed. The use of such register by the company's accountant facilitates the prompt receipt of information on the composition of fixed assets, and also improves the accuracy of their accounting.