Enterprise Profit Calculation Table in Excel

[subornaakter20]

Often, businessmen have to calculate key economic indicators themselves. To ensure that the result is accurate, the process can be automated using special programs. Below is an example of calculating the company's profit in an Excel table.

Enterprise Profit Calculation Table in Excel

The table is divided into 4 blocks:

Tax rates (on profit, VAT) – cells B1:B2.

Sales volume, costs and value added kuwait mobile phone numbers database tax amount – cells B4:B6.

Calculation of the VAT amount – cells B8:B9.

Gross, net profit and calculation of corporate income tax – cells B11:B14.

The first two blocks are used to enter existing ready-made data, in the other two the result is calculated automatically based on the entered formulas.

Table of calculation of enterprise profit in Exel

Excel formulas that can be used to calculate the amount of profit of an enterprise:

Formula for calculating the amount of tax liability:

=ROUND(B4*(B1/(1+B1));2) – the obtained result is rounded to the second digit.

Formula for calculating VAT payable to the budget:

=B8-B6.

Formula for calculating gross profit without VAT:

=B4-B8.

Formula for calculating the gross profit amount:

=B11-B5.

Formula for calculating corporate income tax:

=ROUND(B12*B2;2) – the obtained result is rounded to the second place.

Formula for calculating net profit:

=B12-B13.

The presented table can be adjusted to the specifics of your enterprise, and it will become a useful working tool. Such programs are universal regardless of external factors. So, if there are changes in tax legislation, the calculation formula can be simply adjusted, for example, by replacing the base coefficient. If you change the numbers, for example, sales revenue or costs, the results will be displayed in the corresponding cells.

A spreadsheet allows you to check your assumptions, evaluate how justified new investments or technologies will be, etc. No large company can do without modern automation programs, such as Excel, since they are required for accounting, statistics, and forecasting.

Analysis of profit and profitability of the enterprise
The goal of any commercial enterprise is to make its activities as profitable as possible, i.e. to cover all existing costs (raw materials and supplies, labor, marketing and advertising, etc.). Despite the fact that the company's position is affected by market conditions (the presence of competitors, market factors), the financial condition must be regularly assessed, to determine whether the incurred costs bring the expected result. Conclusions about how profitable and successful a business is can be made based on the consideration of two indicators, which include profit and profitability.