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Liability Date 25/06/2015 01/01/2016 01/01/2016 01/01/2016 16/11/2015 16/11/2015 01/08/2015 15/09/2015 01/09/2015 15/07/2015 19/07/2015 01/09/2015 26/10/2015 01/11/2015 27/11/2015 27/11/2015 27/11/2015
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01
Determine the total amount of sales revenue generated during a specific period.
02
Subtract any returns or refunds issued during the same period from the total sales revenue.
03
Add any other sources of revenue, such as interest income or rental income, to the total sales revenue.
04
Calculate the net revenue by subtracting any expenses directly related to generating the revenue from the total revenue amount.

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To calculate revenue, you typically multiply the total number of units sold by the price per unit. Revenue can also include other sources of income, such as investments or services rendered.
Businesses and organizations that generate revenue are required to file calculations related to their revenue, including corporations, partnerships, and sole proprietorships.
To fill out a revenue calculation, gather your sales data, identify all income sources, calculate total sales amounts, and complete the relevant financial forms or software templates provided by regulatory bodies.
The purpose of calculating revenue is to assess a company's financial performance, determine profitability, inform business decisions, and comply with taxation requirements.
Reported information typically includes total sales, income from various sources, discounts or returns, operating revenue, and any necessary adjustments.
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