How to calculate costing of services

First calculate the cost of materials. This is the most obvious, but it is actually not a simple item of expenditure. Keep in mind not only direct costs – the paint for hair (for the hairdresser), cleaning supplies (for domestic services), printing paper (photo Studio), gasoline (for transportation), etc., but also indirect, for example, removable filters for washing machines or the cartridge for printer, repair and maintenance of the car.

If you bought equipment for work such as computers, printers, hair clippers, vacuum cleaners, vehicle, then calculate depreciation. To do this, think about or find out exactly (in accounting statements) the life of the product and divide the price by the time in which the technique is justified. You can calculate depreciation in other ways, depending on the characteristics of your work.

Calculate the total and additional wages, including bonuses, deductions and other deductions, including deductions for social insurance and accident insurance.

Add up all the resulting amount – the cost of materials, depreciation, wages and deductions for social. insurance and take from this amount 20%. It will be your overhead costs.

From this amount, calculate 50% and take the sum for General expenses. Find out the total cost of adding all the amount received.

Add to the cost another 50% to get the planned savings. In General, you have come to the wholesale price. Increase it by another 50% and you will get the retail price. Also, don't forget about the VAT.

Keep in mind that all expenses you expect for a certain number of services provided over a period of time. To obtain the price of the service provided at a time, divide the total amount by the estimated quantity of such services over the estimated period of time.