Types of financial expenses
Financial expenses include the following:
interest expenses
Interest expense refers to the interest paid by enterprises to raise funds, including bank loan interest, corporate bond interest and commercial paper interest.
service charge
Handling fees refer to the formalities fees paid by enterprises for financing, investment and borrowing, including bank handling fees, securities trading fees and insurance agency fees.
exchange gain or loss
Exchange gains and losses refer to the gains and losses arising from exchange rate changes in foreign exchange transactions, including exchange rate fluctuations and exchange rate differences.
insurance expense
Insurance premium refers to the expenses paid by enterprises for insurance, including property insurance premium and personal insurance premium.
Calculation method of financial expenses
The calculation method of financial expenses varies according to the types of expenses.
Calculation method of interest expense
The calculation method of interest expense is: interest expense = loan principal × interest rate × loan days /360.
For example, if an enterprise borrows 6,543,800 yuan from a bank with an annual interest rate of 5% and a loan period of 654.38+080 days, the interest expense of the enterprise is 6,543,800 yuan × 5% × 654.38+080/360 = 25,000 yuan.
Calculation method of handling fee
The calculation method of handling fee is: handling fee = transaction amount × handling fee rate.
For example, when an enterprise buys stocks, the transaction amount is 500,000 yuan and the handling fee rate is 0. 1%, then the handling fee of the enterprise is 500,000 yuan ×0. 1%=500 yuan.
Calculation method of exchange gains and losses
The calculation method of exchange gains and losses varies according to the specific circumstances, and generally needs to be calculated according to the actual situation of foreign exchange transactions.
For example, an enterprise buys 1 million dollars in foreign exchange transactions. At that time, the exchange rate was $65,438 +0 =6.5 yuan RMB, and later it became $65,438 +0 =6.8 yuan RMB. Exchange gains and losses of enterprises are: (6.8-6.5) × 1 10,000 = 30,000 RMB.
Calculation method of insurance premium
The calculation method of insurance premium is: insurance premium = insurance amount × insurance rate.
For example, if an enterprise purchases property insurance, the insurance amount is 6,543.8+0,000 yuan and the insurance premium rate is 0.5%, then the insurance premium of the enterprise is 6,543.8+0,000 yuan × 0.5% = 5,000 yuan.