Advice 1: How to calculate balance sheet profit

Absolute economic efficiency of enterprises characterize the financial results. The most important among them – earnings. The final financial result of economic and production activities of the organization acts as balance sheet profit, on the basis of which to calculate taxable profit.
How to calculate balance sheet profit
Balance sheet profit (RB) is calculated as the algebraic sum of three indicators: profit from the sale of the company's products (PP), the balance of income from non-operating transactions (RWP) and the profit from other sales (RPR). The formula can be represented as follows:
RB = RR + Sun + RPR
Profit from sales (RR) is calculated according to the following formula:
PP = Np - Sp - Rnds - RA
In this formula, Np – revenues from sales of products (goods, services), Sp – production costs (only the cost of production, commercial and management expenses) Rnds – added tax, RA – excise taxes.
The balance of non-operating income and expenses (RVP) is calculated in accordance with the following variables: income on owned enterprise securities, income from rental property, income from equity participation in joint ventures, as well as sanctions, fines and penalties for supplying low quality products, for failure of contractual obligations, violation of the terms and conditions of carriage, etc.
To profit from other sales (RPR) includes profit (loss) from sales of works, goods, services by the service and utility industries, including the sale of purchased inventory items. In addition, other sales organizations include works and services of nonindustrial character, which are not included in the volume of products sold core business. Here we are talking about services for overhaul and capital construction, transport services, households, the implementation of the purchase of heat.

Advice 2 : How to determine balance sheet profit

The financial result of the organization's activities is characterized by the value of the obtained profit and level of profitability. Profit comes from sales of services or products. Only after the transaction, the net income may take the form of net profit. Sales volumes, profitability and profit margins depend on the supply, production, commercial and marketing activities of the enterprise, that is, these indicators characterize each way of managing.
How to determine balance sheet profit
You will need
  • calculator;
  • - the balance sheet.
Generalized characteristics of activity of the enterprise are net and balance sheet profit. They remain the same until the payment of taxes. Net profit (RAS) has a dependency on the interest rates of the profit tax, and therefore depends on external factors. Balance profit to a greater extent than pure reflects the performance of the organization and the effectiveness of management decisions.
For the initial rating decisions, the user typically requires the calculation of balance sheet profit and assesses the impact of factors on the balance sheet profit. The caveat that the income tax is deducted from retained earnings only reflects the fact of its importance as a quantitative measure of the performance of the organization.
Balance sheet profit determined on the basis of data on the result of profits from other sales, the amount of profit from the sale of works or products, the balance from non-operating transactions. All these data need to be folded, and the end result is the retained earnings.
The net profit is equal to the difference between the book profit and the amount of income tax. If the company is trading in its activities widely used indicator of profitability, which characterizes the relative size of the profit.
Income tax is the main and most impressive deduction in the budget. The taxable gain is the part of the balance sheet profit, which does not include costs allocated to costs of the appeal.
Taxable profit is the difference between the book profit and income tax, property tax, profit withdrawn to the budget and the profit received in excess of the level of profitability.
For successful management of the organization need to determine and analyze the balance sheet profit. Therefore, you should thoroughly examine the dynamics of profit, given the inflation data, adjusted net profit weighted average index of growth of cost of services or goods to the industry average. Implementation costs of services and products necessary to reduce the increase due to higher prices.
The balance profit is the main criterion of a successful business. In terms of profit it is possible to assess commercial efficiency of the organization.
Useful advice
One of the important phases of activity of the enterprise is profit planning. To calculate the profit after accounting for the Finance for the future and ascertain the amount of money that an organization can use in the billing period.
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