How to find the profit from the sale

Determine the proceeds from realization of finished products, performed works, rendered services for the period analyzed. If you are using data of financial statements, find its amount in the statement of profit and loss of the organization in line 010 "Revenues from sales" (there it is specified net of VAT). If you need to calculate it for any month according accounting to determine revenue, take the total turnover on the loan account 90.1 Sales. Subtract from this figure the data about the VAT received from buyers (total turnover on the debit side 90.3 "VAT").

Determine the cost of sold goods, products, works, services. In the statement of profit and loss - is the number for the line 020 "Prime Cost". According to the financial accounts - is the turnover on the debit of account 90.2 "Prime Cost". Find commercial and administrative expenses in the statement of profit and loss statement (line 030 and 040). The amount of business expenses can be determined according to accounting - is the turnover on the debit of account 44 "Expenses on sale". Administrative expenses for the period is the amount in the debit account 26 "General expenses".

Calculate the profit from realization for the period by the formula: P = V - s - CU - UR, where: - proceeds from realization of goods,cost of goods sold,the CD - sales,SD - management costs. Find the profit from the implementation, by calculating the difference between the sales proceeds (minus VAT), cost of goods sold, selling and administrative expenses.