Discussion on Dealing With Product Warranty Cost by Accounting

In the fierce market competition, every manufacturer tries to make quality prevail over the others, so the product guarantee is more and more important to them. The method of the traditional accounting to deal with the product warranty is out of date. As a result, a new method provision for warranty cost should be adopted. The product warranty is included in the product in order to achieve the unity of lowering the product and improving the product quality.