Page 266 - Webbook_aus_04

System _

accumulate

Profit generated as a result of corporate activities is either leaked outside the company

or retained within the company . Profits retained within the company through the accou
nting process are called reserves and surplus or reserves .

Among the reserves, there are statutory reserves, which are compulsorily accumulated

by law ( commercial law ) , and voluntary reserves, which are accumulated arbitrarily a
ccording to the company's will . Statutory reserves are further divided into profit reserv
es and other statutory reserves . Voluntary reserves are amounts accumulated accordi

ng to the provisions of the Articles of Incorporation or resolutions of the general shareh
olders' meeting, and are accumulated at a certain level according to business expansion
reserve, depreciation reserve , dividend average reserve , deficit preservation reserve,

and tax law. There is a reserve that will be refunded after the period has elapsed . Rese
rves are recorded in the capital section of the financial statements .

Among the reserves, the reserves that are leaked outside the company are natural cons

umption costs for business activities and are not internal reserves . They are 50 to 80%
of the company's direct member attraction profits, or 50 to 80% of the accumulated prof
its after subtracting the reserves that flow outside the company. This is called accumula

ted profit that is reflected in the company account , and this accumulated profit is divided
by branches , distributors , agents , or organizational structures such as each country , p
rovince , city , and prefecture, and is distributed to business people in proportion to their

efforts. This refers to the accumulated amount of .

GA has been developing a system for a long time that allows integrated accumulation an
d use of points from online and offline affiliated stores . It can be applied to our own and

affiliated shopping malls , online / offline affiliated stores , and all areas where membersh
ip is available .

QR

266