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Messages - cahitendrajain

#1
Turnover includes all receipt against expenses.

A seller collects gross amount from customer which include his cost of purchase and other cost necessary to sale the goods.

Similarly a service provider collects gross amount from customer which include cost for material and other services which used to provide service.

In case of recharge distributor if his commission only consider as turnover it would be same as the Gross Profit Only consider as turnover in case of a seller.

A recharge dealer is service provider. Collection made by him from customer comprise his cost and surplus.

Both Surplus as well as cost aggregately form part of "Turnover". If he sales SIM cards then the sale value of the same also will included in turnover.