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Inventory items are held for less than one year, while fixed assets must be held for more than one year. Inventory objects have a value less than 2500 RON, fixed assets have a value greater than this amount. A third difference is depreciation: inventory items do not depreciate while most fixed assets do. For example, a laptop with a value of 2000 RON will be considered an inventory item and the expense of its purchase will be fully deductible in the month in which it was purchased.
Instead, a laptop with a value of 4500 RON will enter the category of fixed assets. The cost of its British Student Phone Number List purchase will be deductible month by month for its entire lifetime, according to the rules specifically developed by the Ministry of Public Finance. Examples of inventory items Among the most common inventory items are the following: Office equipment; Work equipment; Protective equipment; Small articles of furniture; Measuring and checking tools, devices and apparatus.

Sports materials; Alpine/military equipment; packaging used inside the unit; the molds used in the execution of certain products and other similar objects. Important information about the list of inventory items This is the document that keeps track of materials of the nature of inventory objects, until the moment they are taken out of use. It is drawn up in a single copy and archived in the financial-accounting department. This list includes important Information about stocks entered into management such as: date of purchase of inventory items; the date they were put into use; the value of inventory items; inventory items that have been removed from the record; inventory items that have not been put into use.
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