Revenue of establishment

Definition

Revenue refers to the gross inflow of economic benefits or service potential during the reporting period when those inflows result in an increase in equity, other than increases relating to contributions from owners.

Establishment refers to the level in the statistical hierarchy below the company in the Business Register statistical hierarchy, and at which the accounting data required to measure production are available (principal inputs, revenues, salaries and wages). The establishment is defined as the most homogeneous unit of production for which the business maintains accounting records. From these records, it is possible to assemble all the data elements required to compile the gross value of production (total sales or shipments, and inventories), the cost of materials and services, and labour and capital used in production.

Classifications

Relation to previous version

  • Revenue of establishment May 11, 2016 to current

    This is the current version.

  • Revenue of establishment May 11, 2016 to current

    This is the current version.

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