The turnover values are entered in the Trading Income Summary UI. The turnover value may be either
- Manually entered
- Updated from CCH Accounts Production - when using the
- updated when creating a Detailed Profit and Loss
The turnover details will be automatically completed when the data is updated from CCH Accounts Production, or if athe Detailed Profit & Loss is created.
If there are multiple Accounting Periods within the Period of Account then the values will be automatically time apportioned between the Accounting Periods. The values may be overridden by using the Turnover Override box.
The values will then be reported on the CT600 Tax Return for the Accounting Period.