Importance The article focuses on theoretical and practical aspects of accounting for transactions with reusable package. Objectives The research generalizes characteristics with package so as to systematize economic information about the subject. We also formulate recommendations for recording transactions with reusable package, which is (not) pledged. Methodology The research draws upon proceedings on the theory and practice of accounting for reusable package. We apply methods of deduction, induction, comparison and analogy. The research also examines the term package by scrutinizing monographs. Results The article proposes signs to classify reusable package and sets out our own views on the way manufacturers of finished goods (commodities) should recognize transactions with reusable package in their source documents and accounts. The accounting method is based on variability of actions undertaken by the buying entity to return pledged package to the selling entity. Conclusions and Relevance The well-ordered characteristics of various classification groups and types of package reduce risk arising from an incorrect usage of the terms reusable/returnable/pledged package at the local level of accounting regulations. They also mitigate accounting risks associated with terms of sale and purchase contracts for tangible assets sold in reusable package. The recommendable accounting entries will create conditions for reliable accounting for movements of reusable package owned by the entity selling finished products (goods). The findings may be used in accounting theory and practice applicable to package transactions.