How to Calculate Net Profit скачать в хорошем качестве

How to Calculate Net Profit

What is Net profit and how do you calculate it? Net profit is your total income minus all expenses. Step #1 - Work out your Gross profit. Which is your revenue minus costs of goods sold. Step #2 - Take your gross profit and deduct your operating expenses, things like payroll, rent, insurance, utilities and so on. Step #3 Deduct tax. This figure is your Net profit, also known as your bottom line. Net Profit = Gross Profit - Costs of Goods Sold - Expenses - Tax Check out more guides and info here: https://www.xero.com/nz/resources/sma... Xero is beautiful accounting software for small businesses and their advisors. See your cashflow in real-time with online accounting, invoicing, payroll, billing & banking. Just login and see the difference. Sign up for a free trial at: https://www.xero.com/signup/?utm_camp... Like us on Facebook:   / xero.accounting   Follow us on Twitter:   / xero   Follow us on LinkedIn:   / xero   Subscribe to our YouTube Channel here:    / xeroonli.  . For Xero product support please visit: http://central.xero.com These videos are intended as a general guide only. Please consider what is best for your business. If you require further information specific to your business needs, please speak to your professional advisor/s