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OMB No. 0607-0104: Approval Expires 8/31/2015 U.S. DEPARTMENT OF COMMERCE Economics and Statistics Administration U.S. CENSUS BUREAU ADVANCE MONTHLY RETAIL TRADE REPORT FORM SM-7212A-A (04-04-2014)
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How to fill out advance monthly retail trade:

01
Start by gathering all the necessary information related to your retail business. This includes sales data, inventory levels, employee wages, and any other relevant financial information.
02
Determine the reporting period for which you need to fill out the advance monthly retail trade form. This is usually a specific month or quarter.
03
Calculate your total retail sales for the reporting period. This includes both in-store and online sales, and any other sources of revenue related to your retail business.
04
Break down your sales by categories, such as food, clothing, electronics, etc. This will provide a more detailed analysis of your retail trade.
05
Calculate your inventory levels at the beginning and end of the reporting period. This will help determine your inventory turnover rate and identify any potential issues with stock management.
06
Include any sales adjustments, such as returns or discounts, in your calculations. These adjustments can affect your overall retail trade figures.
07
Determine your gross margin by subtracting the cost of goods sold from your total sales. This will give you an indication of your profitability and the efficiency of your retail operations.
08
Fill out the advance monthly retail trade form according to the specific format provided by your local or national statistical agency. Make sure to include all the necessary figures and categories as required.

Who needs advance monthly retail trade:

01
Retail businesses: Any retail business, whether small or large, needs to fill out the advance monthly retail trade form. It helps track sales, analyze performance, and provides valuable data for decision-making.
02
Government agencies: Statistical agencies at the local or national level require advance monthly retail trade data to monitor economic trends, assess the overall health of the retail industry, and make informed policy decisions.
03
Investors and financial institutions: Investors and financial institutions rely on advance monthly retail trade data to evaluate the performance of retail businesses, determine market trends, and make investment decisions.
Overall, filling out the advance monthly retail trade form is essential for both retail businesses and various stakeholders who depend on accurate and up-to-date data to understand the retail industry's health and performance.
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Advance monthly retail trade is a report that provides an early estimate of monthly sales by kind of business for retail and food service firms.
Retail and food service firms are required to file advance monthly retail trade.
To fill out advance monthly retail trade, businesses need to report their monthly sales data by kind of business using the provided forms or online reporting system.
The purpose of advance monthly retail trade is to provide timely and accurate information on retail sales trends.
Businesses must report their monthly sales data by kind of business, including total sales, sales by industry sector, and sales by geographic area.
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