According to PBU 9/99 "Income of an organization", the income of an enterprise is recognized as an increase in economic benefits as a result of the receipt of assets (cash, other property) and (or) the repayment of liabilities, leading to an increase in the capital of this organization, with the exception of contributions from participants (owners of property).
It is necessary
- - accounting data on revenue for the period;
- - accounting data on other income for the period;
- - an accounting program or calculator.
Instructions
Step 1
The main source of income of a company, as a rule, is income from its ordinary activities. It is recognized as revenue from sales of goods, performance of works, rendering of services. Revenue means the amount in rubles for which the transaction was made. This amount must be recorded in the contract and in the documents attesting to the fulfillment of the terms of the contract. In this case, the fact of payment does not matter. Therefore, to determine the main income, you need to calculate the revenue of the organization.
Step 2
To calculate other income, you need to add the following types of income: proceeds from non-core activities, including the sale of fixed assets and materials; positive exchange rate differences; receiving interest on loans issued; proceeds from the provision of assets of the enterprise for temporary use and other incomes established by section III of PBU 9/99 "Income of the organization".
Step 3
To calculate the total income of the enterprise, you need to add up income from ordinary activities and other income.
Step 4
Sometimes income is understood as the profit of the organization. This is not true. To calculate the profit of an organization, you need to calculate all of its expenses for the period aimed at obtaining economic benefits. Expenses must be deducted from income. The resulting amount is the profit of the enterprise for the period under consideration.
