What is the difference between turnover and profit?

What is the difference between turnover and profit?

the turnover corresponds to the sum of the selling prices of the goods, products manufactured or services rendered which are billed by a company to a customer. If, after deducting the charges, the result is positive, we are talking about profit. Otherwise, loss.

How is the tax reintegration calculated?

Principle of calculation monthly tax reinstatement The company depreciates per year (27,100 / 4) = 6775 €. It reinstates per year (27,100 – 18,300) / 4 = €2,200. Actual depreciation (basis of calculation of the tax saving) is therefore 6,775 – 2,200 or €4,575. It is this who to goes into accounting.

How to calculate the net income of a company?

This calculation is carried out fairly quickly from an accounting balance. Why calculate a net result? Net income measures the overall performance of a business. It is therefore an important indicator. It is moreover this result which: And which is disseminated to third parties through the filing of the annual accounts.

What is net income and how to calculate it?

What is net income and how to calculate it? Net income (NI) is one of the simplest concepts in accounting, and most professionals have a basic understanding of it. It is simply the funds that a business actually has to spend.

How to evaluate the bottom line of a company?

There is a simple way to assess net income by interpreting the numbers on the balance sheet. Just compare the passive and the active. When the assets are greater than the liabilities, the company has therefore made a profit. In other words, the RN is positive. Otherwise, the exercise is loss-making.

What is the role of net income?

1. The role of the net result if it is negative; the company is impoverished over the accounting year, which causes a deficit. Net income is not the most reliable of performance indicators.