The details are the details of something.
Details is a concept that refers to the accessory or specific characteristics of something. The details of something, therefore, are its details .
For example: “I want to know all the details of the agreement you just signed” , “The club did not inform the details but confirmed the departure of the coach” , “Matías has not yet told me the details of the situation” .
Explanation of the details
When the details of a fact are explained, various data will be detailed that, in general, are not essential to access basic information. Let's see the difference: if someone points out that “Juan suffered an accident” , they will be giving a brief message that barely reports something that happened to Juan . On the other hand, if another person says that “Juan, when leaving his house this morning, tripped on the stairs and hit his head, so he was taken to the San Cristóbal Hospital for studies,” he will have detailed the details of the incident. accident in question.
It is easy to understand the details of an event if we analyze a newspaper . When we find a news item on the cover, we can read the headline and a few lines ( “Mexico, to the final. The local team defeated Costa Rica 2 to 1.” ). To find out the details of this news, it will be necessary to look for its development inside the newspaper ( "With two goals from Juan Hernández, Mexico beat Costa Rica 2 to 1 and reached the final of the Ocean Cup. The goal Costa Rican goal was scored by Julio Ochoa. The match, played at the Azteca stadium, was very balanced..." ).
The idea of detailed procedure is used in accounting.
Retail
The expression “retail” , on the other hand, refers to the retail sale of products : “Excuse me, but we do not sell retail: we only work with wholesalers.”
Retail sales are those that merchants make to their private customers, while wholesale sales are made by the retailer to another, wholesaler, to supply the merchandise necessary for their business to function. Despite being two very different concepts, "retail" and "detail" are often confused in writing.
Detailed procedure
A detailed procedure is called the creation of an account especially intended for the management of each operation carried out with the merchandise. During its development, the following accounts must be opened or created: beginning inventory, purchase expenses, discounts on purchases, sales, discounts on sales, ending inventory, purchases, returns on purchases, discounts on purchases, returns on sales and discounts on sales .
The Beginning Inventory account is debited at the beginning of the year with the corresponding amount; Purchases , for its part, is charged throughout the year with the amount of purchases made in cash or financed; while Refunds on purchases are paid throughout the year according to the amount of merchandise that has been returned to its suppliers.
According to its name , each of these accounts is used to control the operations of a particular business. Let's look at some of the advantages of the detailed procedure:
- It allows knowing the amounts of each operation carried out with the merchandise at all times, having been carefully analyzed and classified taking into account the amount of sales and purchases of all the accounts used throughout the procedure to calculate the gross profit .
- Preparing and determining gross profit becomes easier thanks to the degree of detail and analysis that goes into the income statement.
On the other hand, one of its disadvantages is that to calculate the amount of the final inventory, it is necessary to physically take each merchandise in stock within the warehouse, which entails an investment of many hours or days of work .