How to calculate the purchase rebate commission and how to report the total amount including rebate and commission.

The contract price including commission is called commission price.

Price with commission = net price /( 1- commission rate)

Commission is usually expressed by the English abbreviation C. For example, 1000 USD per metric ton CFR Seattle includes 2% commission, which can be written as: 1000 USD per metric ton CFRC2 Seattle. Where "C2" means that the commission rate is 2%.

After receiving the payment, the seller pays the commission to the middleman.

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Discussion on commission price and commission calculation method (transferred from network)

In the practice and teaching of import and export business, we often encounter problems about commission price and commission calculation method. What needs to be clear is that the formula for calculating commission in all international trade practice textbooks is:

Commission price = net price+commission amount

Commission amount = including commission price x commission rate

Net price = commission price X( 1- commission rate)

If the net price is known, the calculation formula of the commission price is:

Price with commission = net price /( 1- commission rate)

According to the above formula, the calculation method of commission amount can evolve as follows:

Commission amount = (net price+commission amount) x commission rate

= net price x commission rate+commission amount x commission rate

The question now is, does this formula indicate that the commission itself has also been withdrawn?

In fact, there is a very similar situation in the operation of foreign trade enterprises, that is, the issuance of VAT invoices and the calculation method of tax refund:

Invoice amount (including tax) = principal+tax.

Tax = principal x VAT rate (17%)

Principal = invoice amount /( 1+ 17%)

Therefore, the formula for calculating the tax rebate of export enterprises in State Taxation Administration of The People's Republic of China is:

Tax refund amount = principal x tax refund rate

= invoice amount /( 1+ 17%)x tax refund rate

Instead of directly using "invoice amount x tax refund rate", the reason is that the invoice amount includes tax, and the tax itself cannot be refunded.

In the same way, I think it is more appropriate to use the following formula when calculating the commission price and commission:

Commission price = net price+commission amount

Commission amount = net price x commission rate

Price with commission = net price x( 1+ commission rate)

If the commission price is known, the calculation method of the commission amount is (that is, the formula for foreign trade enterprises to calculate the commission paid to foreign commission dealers):

Commission amount = including commission price /( 1+ commission rate) x commission rate.

For example, in the actual transaction, our quotation for a product is $65,438+00,000, and the other party requires a 3% commission. At this time, we should quote the commission price instead and calculate according to the formula in the book:

Commission price =10,000 USD/(1–3%) =10,309.28 USD.

Commission payable =10,309.28 USD x 3% = 309.28 USD.

If calculated according to the second formula, it is:

Commission price = 10000 USD x( 1+3%)= 10300 USD.

Commission payable =10,300 USD /( 1+3%)x 3% = 300 USD.

By comparison, we can see that the commission price and commission payable of the former are 9.28 dollars more than that of the latter, because the commission itself is also extracted according to the former method.