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XXXXXXXXXXXX Acct # Account Name Operating Revenue 3010 TCA Section 786303 Receipts 3020 TCA Section 786130 Receipts 3060 Local Government Contracts 3070 Contracted Services 3080 Sales & Fees 3090
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To fill out operating revenue, you need to follow these steps:
02
Calculate the total sales or revenue generated by the business during a specific period.
03
Include all sources of revenue such as product sales, service fees, and any other income derived from the core operations of the business.
04
Exclude any non-operating revenue, such as income from investments or one-time gains.
05
Add up all the revenue figures to determine the total operating revenue for the specified period.
06
Make sure to double-check your calculations and verify the accuracy of the data before finalizing the operating revenue.

Who needs operating revenue?

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Operating revenue is crucial for various stakeholders, including:
02
- Business owners and managers: They need operating revenue to assess the financial performance and profitability of the business.
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- Investors and shareholders: They use operating revenue to evaluate the company's ability to generate profits and make investment decisions.
04
- Lenders and creditors: They analyze operating revenue to assess the business's creditworthiness and repayment capabilities.
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- Financial analysts and consultants: They rely on operating revenue to analyze industry trends, compare companies, and provide financial advice.
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- Government agencies and regulatory bodies: They require operating revenue information for taxation, regulatory compliance, and economic analysis purposes.
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- Potential buyers or acquirers: They examine operating revenue to determine the value and potential of the business before making an acquisition.
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Operating revenue is the income generated from a company's primary business activities, such as sales of goods and services.
Businesses and organizations that generate revenue from operational activities are required to file operating revenue, including corporations, partnerships, and sole proprietorships.
To fill out operating revenue, businesses need to report their total revenue from sales, services, and other operational activities, minus any returns, allowances, or discounts.
The purpose of operating revenue is to provide a clear picture of a company's financial performance from its core business activities, helping stakeholders assess profitability and operational efficiency.
Operating revenue reports must include total sales, cost of goods sold, returns and allowances, and any other operational income.
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