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SOUTH CAROLINA GENERAL FUND REVENUE FY 202223 Revenues June 22, 2023General Fund FY 202223 June 2023 Update General Fund revenue is $85.9 million ahead of the revised forecast through May, down from

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How to fill out revenue digest

01

Start by gathering all relevant financial documents, such as sales invoices, bank statements, and expense records.

02

Review each revenue source and categorize them accordingly.

03

Calculate the total revenue for each category and record it in the revenue digest.

04

Ensure that all revenue figures are accurate and match the corresponding financial documents.

05

Include any additional information or notes that may be necessary for reference.

06

Double-check the completed revenue digest for any errors or inconsistencies.

07

Save a copy of the revenue digest for future reference and reporting purposes.

Who needs revenue digest?

01

Revenue digest is typically needed by businesses, organizations, or individuals who want to track and document their revenue sources in a systematic and organized manner.

02

It can be useful for financial analysis, tax reporting, budgeting, and decision-making processes.

03

Accountants, financial managers, business owners, and stakeholders often rely on revenue digest to gain insights into revenue streams and make informed financial decisions.

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What is revenue digest?

A revenue digest is a summary report that compiles and categorizes the various revenue sources collected by a governmental entity or organization during a specific period.

Who is required to file revenue digest?

Typically, governmental entities, including counties, municipalities, and certain state agencies, are required to file revenue digests.

How to fill out revenue digest?

To fill out a revenue digest, one must collect accurate revenue data, categorize it into the appropriate sections, and ensure that all calculations are correctly completed before submission.

What is the purpose of revenue digest?

The purpose of a revenue digest is to provide transparency and accountability regarding the revenue collected by an entity and to inform stakeholders about financial performance.

What information must be reported on revenue digest?

Information that must be reported includes detailed revenue sources, amounts collected, funding allocations, and any pertinent financial data related to the reporting period.

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