Turnover Certificate

Just at

Steps

Just fill the form and our CA's will contact you regarding the Turnover Certificate.

/ excl GST

Contact through  

Filling out the form is quick and easy and will provide you with numerous benefits in the long run. By this, you will be able to get consultation from our Auditorwala CA/CS and will be able to get Guidance. So, why wait? Take the first step towards a bright future for your business and fill out the form today.

Requirement of Turnover certificate

A turnover certificate can be required by anybody who wishes to get an assurance on the turnover of the entity in question.


Following are some illustrative cases where turnover certificate might be required:


  • For Participation in tenders issued by various companies, local authorities & institutes

  • By Banks & financial institution for the purpose of loan

  • By Investors for the purpose of funding an existing or new project/business

The contents of the turnover certificate in India will depend on the requirements and the purpose for which the turnover certificate is being produced. A basic turnover certificate includes the following information:


  • Name and details of the business entity

  • Registration details

  • Period for which the turnover is stated

  • Purpose of the turnover certificate

  • Details of the practicing professional

  • UDIN

  • Any other information as required.
  • The process to obtain a turnover certificate in India is very simple :


    • Submit the documents as per the Checklist

    • Documents are verified by the CA

    • A Draft copy of the turnover certificate is shared

    • Once the draft is approved a final certified copy is issued by the Chartered Accountant

    A turnover certificate is important as it provides proof of a business's financial performance, helps establish credibility and trust with stakeholders, can be used for taxation and loan applications, and is often required for government tenders and contracts.

    The validity period of a Turnover Certificate may vary depending on the purpose for which it is being used. It is always recommended to check with the relevant authorities or parties for any specific validity period or renewal requirements.

    What is Turnover certificate?

    A turnover certificate is a factual statement that certifies the turnover of the entity based on the requirements. The turnover certificate in India assures the users that the turnover generated by the business entity during a specific period. A turnover certificate is issued by the Chartered Accountant. This certificate certifies the total turnover of the applicant’s organization. The turnover can be for 1 or more years depending on the requirements. This turnover is in the name of the organization’s applicant and not that of a group or sister organization.

    Frequently Asked Questions

    Here are some frequently asked questions regarding Turnover certificate...

    In India, a turnover certificate is a document that guarantees to the user the amount of money a business entity has made in sales. The turnover certificate is issued by a practising chartered accountant specialising in doing so.

    The turnover certificate in India is a certificate that provides an assurance certificate to the user about the turnover of a business entity. It is issued by a practicing Chartered Accountant who is specializing in issuing the turnover certificate.

    Find the cost of goods sold on the income statement. On the balance sheet, locate the value of inventory from the previous and current accounting periods. Add the inventory values together and divide by two, to find the average amount of inventory. Divide the average inventory into COGS to calculate inventory turnover.

    It is mandatory to obtain UDIN for all Certificates* issued where the Financial Information/related contents is certified as True and Fair / True and Correct.

    UDIN is a unique number being generated on the UDIN portal for every certificate and such other documents that have been attested by a CA. 7. What is the validity of UDIN? Time limit for generation of UDIN has been extended from 15 days to 60 days.

    What Makes Us Different

    These are our Exceptional Qualities and Accomplishments by Us

    Reviews

    Reviews

    99.9% of Customers provide 5 star
    Rating for our service.

    Time

    Around Time

    99% of services will be delivered
    within the given Timeline.

    Services

    50+ Services

    We Provide 50+ auditing Services.
    Relax and Enjoy.

    Compliance

    Compliance

    We manage 99% of our compliance
    within the due Date.

    Affordable

    Affordable

    The prices allocated for our
    services are entirely Affordable.

    Supportive

    Supportive

    Your Supportive Accounting Specialist.
    For You, By You.

    A