Scribd Logo
Upload

Welcome to Scribd!

  • STANDARD BANK Financial Assessment

    Uploaded by

    pokipanda69
    427 views1 page
    This document provides guidelines for calculating monthly and annual income and expenditures. Section A is for those with a monthly salary and includes calculating total monthly income from sources like gross income, allowances, and investments, and total monthly expenses like home loans, medical aid, transport, and entertainment. Section B is for those who own a business and includes calculating total annual income/turnover from sources like annual income and other annual income, and total annual expenditures like costs of sales, selling/admin expenses, depreciation, and taxation. The sections aim to determine a monthly or annual surplus or deficit by subtracting total expenditures from total income.

    Original Description:

    00146786 2007-05

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document provides guidelines for calculating monthly and annual income and expenditures. Section A is for those with a monthly salary and includes calculating total monthly income from sources like gross income, allowances, and investments, and total monthly expenses like home loans, medical aid, transport, and entertainment. Section B is for those who own a business and includes calculating total annual income/turnover from sources like annual income and other annual income, and total annual expenditures like costs of sales, selling/admin expenses, depreciation, and taxation. The sections aim to determine a monthly or annual surplus or deficit by subtracting total expenditures from total income.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    427 views1 page

    STANDARD BANK Financial Assessment

    Uploaded by

    pokipanda69
    This document provides guidelines for calculating monthly and annual income and expenditures. Section A is for those with a monthly salary and includes calculating total monthly income from sources like gross income, allowances, and investments, and total monthly expenses like home loans, medical aid, transport, and entertainment. Section B is for those who own a business and includes calculating total annual income/turnover from sources like annual income and other annual income, and total annual expenditures like costs of sales, selling/admin expenses, depreciation, and taxation. The sections aim to determine a monthly or annual surplus or deficit by subtracting total expenditures from total income.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Financial Assessment

    Income and expenditure statement


    If you earn a monthly salary please use Section A below as a guide to calculate (a), (b) and (c)
    If you run your own business, please use Section B below as a guide to calculate (d), (e) and (f)

    (Section A)
    Total monthly income

    Total monthly expenditure (continued)

    Gross monthly income (as per payslip)

    Subscriptions

    Allowances in cash
    Commissions and bonuses
    (average over last 12 months)

    Suretyship payments

    Investments

    Motor vehicles

    Maintenance

    Personal loans

    Grant subsidies

    Retail accounts (e.g. clothing, furniture)

    Rental

    Other (specify)

    Pension

    Other (specify)

    Other (specify)

    Total monthly expenses

    Home loans

    (b)

    Other (specify)
    Total monthly income

    (a)

    Monthly surplus/Deficit

    (a) less (b)

    (c)

    Total monthly expenditure

    (Section B)

    Tax PAYE/SITE

    Total annual income/turnover

    Pension
    UIF

    Annual income/Turnover

    Medical Aid

    Other annual income

    Insurance premiums

    Total annual income/Turnover

    (d)

    Life assurance premiums

    Total annual expenditure

    Electricity and water


    Rates and taxes/Levies

    Interest paid

    Accomodation/Rental payment

    Cost of sales

    Leases

    Alimony/Maintenance

    Financial lease payments


    Selling and admin expenses
    (excl. depreciation, interest paid and leasing charges)
    Other expenses
    (excl. depreciation, interest paid and leasing charges)

    Planned savings

    Depreciation

    Donations/Pocket money

    Taxation

    Education - fees, books and accomodation

    Total annual expenses

    Telephone and cellphone (including line rental)

    (e)

    Clothing
    Annual surplus/Deficit

    Groceries

    (d) less (e)

    (f)

    Doctor and chemist


    Domestic and garden help
    Security
    Transport (petrol, bus fares and parking)
    Entertainment
    TV rental, M-Net and DSTV subscription
    00146786 2007-05

    The Standard Bank of South Africa Limited (Reg. No. 1962/000738/06) Authorised financial services provider. Registered credit provider (NCRCP15).

    You might also like