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LIM354 PolokwanemSCOA Version 6.5Click for Instructions! Contact details: Technical inquiries to the MFA Helpline at: mfma@treasury.gov.za Data submission inquiries: Elsa Moscow National Treasury Tel:
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Gather all necessary financial data such as sales revenue, costs of goods sold, operating expenses, and any other relevant income or expenses.
02
Calculate the total revenue by adding the sales revenue from all sources.
03
Deduct the cost of goods sold and operating expenses from the total revenue to determine the net income.
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Businesses and organizations that are required to report their medium term revenue to regulatory authorities or stakeholders.
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Management teams who need to track revenue trends and make informed decisions based on financial data.
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25 medium term revenue refers to the projected income generated by a business over a medium-term period, typically between 1 to 5 years, which is reported for financial planning and forecasting purposes.
Businesses and organizations that are expecting to generate significant revenue during the medium term are required to file 25 medium term revenue, particularly those that need to provide forecasts for stakeholders, investors, or regulatory authorities.
To fill out 25 medium term revenue, businesses should gather historical financial data, estimate future sales and revenue streams, and provide comprehensive projections along with any supporting documentation that explains the assumptions used.
The purpose of 25 medium term revenue is to provide a framework for financial planning, assist in budgeting and resource allocation, and communicate expected financial performance to stakeholders.
The information that must be reported includes projected revenue figures, underlying assumptions, a breakdown of revenue sources, and any relevant financial metrics that support the forecasts.
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