The article discusses certain aspects related to the procedure and rules for determining the value of wood obtained in the course of carrying out activities on forest fund lands, in accordance with the content of articles 43–46 of the Forest Code, for the purpose of its subsequent implementation, based on algorithms defined by the relevant decree of the Government of Russia. In order to comply with legal requirements for determining the value, it is important to make comprehensive use of special knowledge: in the field of forest management, in understanding accounting processes, in the process of determining the species composition of wood and qualitative characteristics affecting its grade, etc. In the process of determining the cost, it is important to correctly take into account the necessary factors characterizing not only the volume of wood, but also its species composition, grade and dimensional characteristics, correctly determine the category of taxes, applied correction coefficients and other indicators detailed in legislation and regulatory and technical documents. The procedure and rules for determining the cost, with their strict observance, make it possible to exclude possible errors, including intentional ones, which, in turn, will allow you to get the maximum value for the object being sold, which will have a positive effect on the receipt of funds to the appropriate budget.