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Accounting people, a quick question for you.

3 replies

HoobleDooble · 22/10/2018 13:35

If someone asked you for the turnover figure for the last financial year, what would you give them? Is it the total sales invoices generated (with or without VAT?), or the total money received from those sales, or something else?

OP posts:
AnimalMystery · 22/10/2018 13:37

Total turnover (sales invoices) generated, excluding VAT.

Allycat · 22/10/2018 13:37

Hiya

The turnover is the value of the sales within the period, before vat is added.

I hope that helps!!

HoobleDooble · 22/10/2018 13:39

Wow that was fast. Thank you so much.

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