Tax Office Are Also Interested in Your Balance

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Calculate the Contribution Margin Based on the Available Figures Using the Following Formula: Formula Calculation Contribution Margin if You Reduce the Contribution Margin by the Fixed Costs, You Get Your Operating Profit: Formula Calculation Operating Profit Why is Cost and Performance Accounting Necessary in Addition to Financial Accounting? Financial Accounting Consists of the Period-related Profit and Loss Statement and the Balance Sheet Related to the Reporting Date.

While Other Business Partners, Potential Investors and the  Sheet, Thecost and Performance Accounting Figures Are Only Intended for You. A> Differentiation of Cost and Performance Accounting From Financial Accounting Financial Accounting Represents External C Level Contact List Accounting. If You Meet the Requirements for Preparing Bookkeeping and Preparing a Balance Sheet, You Are Obliged to Keep Financial Records.

       

This is the Case, for Example, if Your Company Has the Legal Form of a Gmbh or if Your Commercial Sole Proprietorship Generates an Annual Turnover of at Least 600,000 Euros. The Klr Represents Internal Accounting. Whether You Carry Out Cost Accounting in Your Company is Up to You. However, if You Would Like to Be Able to Allocate the Costs Incurred in Your Company According to Cause, the Klr Makes Sense. Additionally, Determining Your Cogs Will Help You Set a Net Selling Price for Your Products.