Typically, the goal of every business is to make a profit. When a company buys raw materials from suppliers and manufactures products, it will sell them at a new price or added value. Thus, value added is the value of newly created new goods.
It is necessary
- Calculator,
- Paper and pen,
- Data on the expenses of the enterprise for the purchase of goods
- Data on the costs of the enterprise for the production of products
Instructions
Step 1
Determine the value of the purchased raw materials for the production of new products or the value of the goods for resale. This indicator is equal to the price at which the company buys goods or raw materials from suppliers. For example, a retail store purchased from suppliers of household appliances in the amount of 1.5 million rubles. This figure will be the cost of the purchased product or raw materials.
Step 2
Determine the costs of the enterprise for the production of products or for the sale of goods. These costs include salaries for employees, energy costs, transportation costs, rent for premises, equipment wear and tear. For example, the electricity bill for a retail store is RUB 2,000. And the salary of employees is equal to 400 thousand rubles. Then the sum of the total costs of the store will be:
2,000 + 400,000 = 402,000 rubles
Step 3
Add the resulting sum of all costs to the cost of the purchased raw materials or goods.
402,000 + 1,500,000 = 1,902,000 rubles.
Step 4
Determine the amount of the trade margin In the above example, let the trade margin be 15%. It is charged on the cost of purchased household appliances.
1,500,000 * 15% = 225,000 rubles.
Step 5
Subtract the trade margin from the figure obtained in step 3. The result is a measure of value added. Added value = 1,902,000 - 225,000 = 1,677,000 rubles. In other words, any enterprise will be interested in increasing the added value, since this indicator will subsequently affect the final profit of the enterprise. In order to increase the added value it is necessary to reduce the costs of the enterprise. As a rule, value added tax is subsequently charged in the amount of 18% and is paid to the budget in accordance with the terms stipulated by the Tax Code of the Russian Federation.
