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[Visitor (111.8.*.*)]answers [Chinese ]Time :2020-04-28
Turnover refers to the total price and extra-price fees charged by the taxpayer for providing taxable services, transferring intangible assets, or selling immovable property. Out-of-price fees include handling fees, funds, fund-raising fees, collections, advances and other kinds of out-of-price charges collected from the other party. The turnover of a transportation and logistics enterprise engaged in intermodal transportation business shall be its actually obtained turnover.

Commonly used turnover formulas are: turnover / number of transactions = average transaction unit price, turnover / sales quantity = average unit price of products.

Turnover formula

Turnover / number of transactions = average transaction unit price, etc.


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Accounting, finance, cash management

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