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Supplements to the Statistical Bulletin Sample SurveysSurvey of Industrial and Service Firms seriesYear XXIII 25 July 2013Number201238CONTENTS Page Introduction..................................................................................................................................................
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How to fill out sales turnover and operating

01
To fill out the sales turnover, you should follow these steps:
02
Gather all sales data for a specific time period, typically a month or a year.
03
Calculate the total revenue generated from sales during that time period.
04
Include all sales, whether they were made in cash or credit.
05
Exclude any returns or refunds from the total revenue.
06
Record the final sales turnover figure in the designated section of the financial statement.
07
08
To fill out the operating turnover, you should follow these steps:
09
Determine the operating revenue, which includes income from core business activities like sales, services, or fees.
10
Calculate the operating expenses, which include costs directly related to running the business, such as rent, utilities, wages, and marketing expenses.
11
Subtract the operating expenses from the operating revenue to obtain the operating turnover.
12
Record the operating turnover figure in the appropriate section of the financial statement.

Who needs sales turnover and operating?

01
Sales turnover and operating turnover are essential pieces of financial information for various stakeholders, including:
02
- Business owners and management, who need to assess the performance and profitability of the company.
03
- Investors, who use these figures to evaluate the financial health and growth potential of a business before making investment decisions.
04
- Lenders and creditors, who rely on sales turnover and operating turnover to determine the creditworthiness and repayment capacity of a business when providing loans or extending credit.
05
- Financial analysts and consultants, who analyze these figures to provide insights and recommendations for improving business operations and financial performance.
06
- Government authorities, who may require these figures for regulatory and tax purposes.
07
- Potential buyers or partners, who assess the financial standing of a business before entering into acquisition or partnership agreements.
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Sales turnover refers to the total sales generated by a business during a specific period, while operating refers to the ongoing activities involved in running the business, including all revenue-generating and operational expenses.
Typically, businesses that exceed a certain revenue threshold or are mandated by tax authorities to report their sales turnover and operating figures are required to file.
To fill out sales turnover and operating, businesses must gather their financial data, calculate total sales, report relevant expenses, and complete any required forms provided by tax authorities.
The purpose of sales turnover and operating reporting is to provide transparency to tax authorities regarding a company's financial performance and to ensure compliance with tax obligations.
Businesses must report total sales revenue, operating expenses, profit margins, and any deductions or credits applicable to their revenue and expenses.
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