Welcome to the help page for the Economic Activity Survey - Agriculture, 2018-19.
This help page includes the following sections:
- General Information
- Income Items
- Expense Items
- Capital Expenditure and Disposal of Assets
- Multi-state Operations
How was my business selected and which part of my business should I report for?
Details of businesses are obtained from the Australian Business Register (ABR). This contains the names and addresses of all businesses that have registered an Australian Business Number (ABN) with the Australian Taxation Office (ATO). As the Economic Activity Survey is a sample survey, this means that a proportion of businesses are selected to receive the survey questionnaire. Together, the sampled businesses represent the total industry/population group being studied. Businesses in the sample are randomly selected to represent other businesses with similar characteristics, such as income or number of employees. Some businesses must be included in the sample because they contribute substantially to their particular industry, region or group. In order to ensure accurate estimates are produced, please only report information for the business or legal entity named at the start of the survey.
What should I do if I cannot report at the necessary level of detail for some survey items?
The ABS requires information that is as accurate as possible. The information supplied by your business is used to produce estimates for all businesses within the same industry operating in Australia. The more accurate the figures you supply, the more accurate the estimates will be. However, if accurate data is not readily available, careful estimates will be accepted.
What is the AASB 16 accounting standard for leases?
The Australian Accounting Standards Board (AASB) has changed the accounting standard applicable to leases through ‘AASB 16 Leases’. Full details on these changes can be found in the AASB Leases Accounting Standard. Based on this change, the ABS have made amendments to the Economic Activity Survey to better capture leasing information, regardless of whether or not the business you are reporting for has adopted the new standard for lease accounting. For more information on how the new standard may impact your responses to the Economic Activity Survey, please see the help page AASB 16 Leases.
How should I report employment?
Employment is a headcount of all persons who worked for the business as proprietors, partners, salaried directors or other employees in the last pay period ending in June 2019. You should report for the last pay period ending in June 2019 even if this is not the last pay period in your financial reporting year.
- Working proprietors and partners: if you are the owner-operator or partner of an unincorporated business, include yourself (and other partners) under Working proprietors and partners.
- Salaried directors of Pty Ltd companies (e.g. incorporated businesses) should not be counted as working proprietors, but should be included as Salaried directors. Non-salaried directors are excluded and should not be counted in Employment.
- Other employees: this is a headcount of all persons who worked for the business and were paid through the payroll in the last pay period ending in June 2019 excluding salaried directors for incorporated businesses or working proprietors and partners for unincorporated businesses.
What about persons working for the business under contract?
- Contractors and subcontractors who are other businesses, (i.e. have their own ABN and are paid on a fee for service or commission only basis), should not be counted in Employment.
- If the business paid another business for contract staff, and those persons were on the payroll of the other business, they should not be counted in Employment.
- Persons employed on a fixed-term contract, e.g. temporary staff, should be included in Other employees, ONLY if they were paid through the payroll in the last pay period ending in June 2019 AND Pay As You Go (PAYG) tax was deducted for them.
What is the difference between Sales of goods produced and Sales of goods not produced?
Sales of goods produced occur when the business that sells a good is the same business which undertook production of the goods, or had the good produced for it by a third party on a contract, sub-contract or commission basis. Examples from sales of goods produced include:
- Fruit and/or vegetables grown by the business;
- Animals raised for meat, skin, wool or fur;
- Grain crops grown by the business;
- Raw milk from cattle owned by the business;
- Turf grown by the business;
- Plants grown from seed in a nursery.
Sales of goods not produced are those goods the business purchased ready-made, then resold without making changes to the goods. Both wholesale and retail sales of goods should be reported here. For example, if a co-operative buys the produce of a number of growers and on-sells it to a mill or to an exporter, the income from that sale would be included in Sales of goods not produced. The purchase of these items during the year should be reported in Purchases of finished goods for resale.
Information on Animal Sales can be found below under Where to report income from various sources/activities?
Delivery charges separately invoiced or itemised to customers for goods sold by this business/organisation
This item refers to the amount of income that is charged separately on invoice for the delivery of sales of goods to customers. For delivery of sales of goods that is not separately invoiced include income in Sales of goods.
What should be reported as Income from services?
Generally, payment received for the provision of any services, regardless of whether they are a primary or secondary activity of the business, should be reported as Income from services.
Where the business receives payment for agricultural work performed on behalf of another business on a commission, contract or fee basis only, (i.e. where the business does not own the inputs to production or the goods produced), such payment should be reported as Income from services. Agricultural services may include:
- Crop dusting;
- Farm management;
- Irrigation services;
- The work of a self-employed farm hand.
Other examples of Income from services include:
- Sales commission;
- Management fees/charges from related and unrelated businesses;
- Repairs and maintenance service (Please note that, if a business providing repairs and maintenance services, invoices customers for parts and service separately, income from both parts and service is included in Income from services).
Where to report income from various sources/activities?
Although this list is not exhaustive, it does address some of the common reporting problems encountered by businesses:
- Rent, leasing and hiring income is conceptually a service income, but income from this source should be reported as Rent, leasing and hiring income.
- Distinction: "Wet" and "dry" hire: Some equipment, e.g. machinery or vehicles, may be hired either with (wet) or without (dry) operator/driver. This distinction, sometimes referred to as "wet" and "dry" hire, determines how this type of income should be reported.
- Where the business derives income from hiring out equipment with operator ("wet" hire), the income should be reported as Income from services;
- Where the business derives income from hiring out equipment without operator ("dry" hire), that income should be reported as Rent, leasing and hiring income.
- Royalties income is also conceptually a service income, but income from this source should be reported as Royalties income. It includes payments received for the right to extract natural resources from land owned by the business and payments received for the use of intellectual property owned by the business, e.g. patents and copyright.
- Animal sales: Reporting of the proceeds of animal sales varies, depending largely on the purpose for which the animal has been acquired.
- If an animal was purchased for long-term use (e.g. as breeding stock, milking stock or as a working animal), it is considered to be an asset of the business, in the same sense as plant or equipment used to assist in the production of goods for sale. Therefore, if that animal is subsequently sold, the profit (capital gain) or loss on that sale should be reported as a positive or negative value in Other income.
- If an animal was purchased with a view to raising it until it can be sold in a different condition, or if the progeny of breeding stock is raised until it can be sold as a more mature animal, the amount received from the sale of the animal should be included in Sales of goods produced.
- If an animal was purchased with a view for immediate on-selling, income from that source should be included in Sales of goods not produced.
- Discounts/Rebates received: Discount or rebates received by a business from its suppliers should not be reported as income, but should be deducted from the expense item to which the discount or rebate applied (e.g. Purchases or Other operating expenses).
- Export sales (f.o.b): Where goods are produced or purchased in Australia for sale overseas, income from Sales of goods should represent the free-on-board (f.o.b.) price of the goods, i.e. a price which may cover the cost of transporting goods to the Australian customs frontier (point of exit from Australia) only, and not the cost of transporting the goods outside Australia. (Note the exclusion of Export freight charges from the concept of Sales of goods). Example: A piece of equipment is sold for export, at a price of $200,000 including $40,000 for transport costs, $5,000 of which is for transport to the Australian customs frontier and the remainder is for overseas shipping costs. Sales of goods = $165,000 ($200,000 - $40,000 + $5,000).
- Asset sales: The proceeds from the sale of assets should be reported in Other income as a positive or negative value. Examples include:
- Asset revalued upwards and then sold for more than the new value: Asset purchased for $1,000 then revalued to be worth $1,200. It is then disposed of (sold) for $1,500. Thus we have Disposals = $1,500 and Other income = $300 ($1,500 - $1,200).
- Asset revalued downwards then sold for less than the new value: Asset purchased for $2,000 then revalued to be worth $1,600. It is then disposed of (sold) for $1,400. Thus we have Disposals = $1,400 and Other income = -$200 ($1,400 - $1,600).
- Asset revalued but no change in value: Asset purchased for $1,000 then assessed to be still worth $1,000. It is then disposed of (sold) for $1,500. Thus we have Disposals = $1,500 and Other income = $500 ($1,500 - $1,000).
- Asset revaluation/impairment: should be reported under Other income as either a net gain or loss. Negative revaluations and impairments should not be reported as an expense. This follows the same principles that apply to other examples listed in the survey, such as share trading or sales of assets.
How should I report Labour costs?
- Labour costs do not include payments to contractors or sub-contractors operating under their own ABN. Further information on payments to contractors can be found below under How should I report payments to contractors and other businesses for services?
- Payments made to another (related or unrelated) business for the supply of staff on a fee or contract basis, where the staff entitlements are paid by the business supplying the employees, should be recorded in the Labour Costs questions part Payments to other businesses/organisations (e.g. employment agencies) for staff.
- Payments to another business for recruitment services (i.e. advertising vacancies, conducting interviews) on behalf of your business should also be included in Payments to other businesses/organisations (e.g. employment agencies) for staff. However, any costs incurred by your business in the conduct of its own recruitment processes (e.g. payment directly to newspapers for running job vacancy advertisements) should be reported in Other operating expenses.
- Where business owners are drawing a wage from the business, any personal superannuation contributions should be reported in Employer contributions paid into superannuation. For business owners not drawing a wage, personal superannuation contributions should not be included.
- Payroll tax is levied by state/territory governments on businesses with large payrolls (usually greater than $0.5 million in a year). It does not refer to income tax withholding for employees.
- Wages and salaries including provisions for employee entitlements - gross (i.e. before tax) wages and salaries should be reported.
- Capitalised wages and salaries (i.e. wages and salaries for work relating to the creation of own business capital assets) should not be included in Labour costs but instead in Capitalised wages and salaries.
How should I report Purchases?
If a good is purchased to be used or consumed in the production of goods or services (including office consumables), or for repairs and maintenance of equipment, its cost should be reported as Purchases of materials, components, containers, packaging materials, electricity, fuels and water.
If the same good is purchased simply to be on-sold in the same form (without any transformation), its cost should be reported as Purchases of finished goods for resale. For example:
- Where a business buys fertiliser to assist in the growing of a commercial crop, the cost of the fertiliser should be included in Purchases of materials, components, containers, packaging materials, electricity, fuels and water; but
- Where a business buys fertiliser and supplies it to growers (without processing), the cost of the fertiliser should be included in Purchases of finished goods for resale.
The following examples illustrate what a business might be expected to report as Purchases of materials, components, containers, packaging materials, electricity, fuels and water:
- Electricity to power plant and machinery;
- Fuel for transport and farm vehicles;
- Plants and seeds for cultivation;
- Fodder for livestock;
- Parts for repairs and maintenance of vehicles, plant or machinery.
Information on Animal Purchases can be found below under Where do I report my specific expense item?
Note: In the context of selling finished goods, Purchases (expenses) are not the same as cost of goods sold. Purchases represent the amount actually expended by the business in the reporting period. Cost of goods sold, which is not collected in this survey, represents the amount expended only on goods actually sold in the reporting period (cost of goods sold is equal to purchases plus opening inventories minus closing inventories).
Any purchases of materials that have been capitalised i.e. purchases made to create own capital assets, should not be reported in Purchases. Instead, they should be reported in Capitalised expenditure including cost of capital assets developed in-house by employees of this business/organisation under Capitalised wages and salaries and Other capitalised costs.
How should I report payments to contractors and other businesses for services?
There is a specific question for Payments made to contractors and other businesses for freight, cartage, delivery and transport services. Otherwise, all payments to other businesses for non-transport-related services provided should be reported in Other operating expenses. The following examples show how some commonly incurred expenses should be reported.
- Postage costs - include in Payments made to contractors and other businesses for freight, cartage, delivery and transport services;
- Payments made to contracted and owner-drivers to transport goods sold by your business to customers - include in Outward freight, cartage, delivery and transport expenses;
- Payments made for the movements of goods between different locations of this business/organisation by a third party - include in Internal freight, cartage, delivery and transport expenses;
- Payment made to a courier for pick-up of goods and delivery to your place of business - include in Other freight, cartage, delivery and transport expenses;
- Payment of separately invoiced delivery charges to a supplier of goods - include in Other freight, cartage, delivery and transport expenses;
- Payments for veterinary services - report as Other operating expenses;
- Payment to self-employed farm hand for labour - report as Other operating expenses;
- Payment to another business for agistment services - report as Other operating expenses;
- Payment to another business for repairs and maintenance to vehicles, machinery, plant or equipment - include in Other operating expenses.
Where do I report my specific expense item?
Although this list is not exhaustive, it does address some of the common reporting problems encountered by businesses:
- Animal purchases: Reporting the cost of acquiring animals varies, depending largely on the purpose for which the animal has been acquired.
- If an animal was purchased for long-term use (e.g. as breeding stock, milking stock or as a working animal), it is considered to be an asset of the business, in the same sense as plant or equipment used to assist in the production of goods for sale. Therefore, the amount paid to acquire an animal as an asset of the business should be included in Capital expenditure and disposal of assets - Biological assets;
- The purchase price of livestock to be matured before being sold should be included in Purchases of materials, components, containers, packaging materials, electricity, fuels and water;
- If an animal was purchased with a view for immediate on-selling, the purchase price of that animal should be included in Purchases of finished goods for resale.
- Consumables: Consumables such as stationery, staff amenity supplies, cleaning materials, etc. should be reported as Purchases of materials, components, containers, packaging materials, electricity, fuels and water.
- Discounts/Rebates given: Discounts or rebates given by your business to its customers should not be reported as an Expense item, but should be netted off the income item to which the discount/rebate applied, e.g. Sales of goods or Income from services.
- Equipment hire: Reporting of this type of expense depends on whether the hire is "wet" or "dry" (i.e. with or without an operator). A simple illustration of the distinction is:
- If the business has paid another business for contracted equipment hire services, i.e. equipment with operator ("wet hire"), the expense should be included in Other operating expenses, but
- If the business has paid for the hire of equipment to be operated by its own employees ("dry hire"), the expense should be included in Rent, leasing and hiring expenses.
- Finance lease payments: When an asset, e.g. company car, is acquired under a finance lease arrangement, the value of the acquisition should be included in Capital expenditure. If any work is undertaken by own employees of this business to install any asset acquired under a financial lease to make it operational, please include the cost of this work within Capital expenditure and Cost of capital assets developed in-house by employees of this business/organisation (if applicable). Repayments under a finance lease agreement consist of two components: interest and capital repayments. Capital repayments should not be reported in this survey. The interest component only should be included in Total interest expenses.
- Motor vehicle insurance premiums:
- Optional third party insurance premiums, payable at the discretion of the business, should be included in Insurance premiums;
- Compulsory third party insurance premiums, payable as part of the vehicle registration process should be included in Other operating expenses.
- The reporting of payment for rent for your business premises will depend on if the new accounting standard for leases (AASB 16) has been adopted and applied to that lease:
- If the AASB 16 Standard was not adopted or applied during the reporting period, then please report rent payments for your business premises in Rent, leasing and hiring expenses.
- If the AASB 16 Standard was adopted or applied to that lease, report rent payments for your business premises in Interest expenses and Depreciation.
- For more information on the new accounting standard, please see AASB 16 Leases.
- Sponsorship Payments: Sponsorship is not considered the same as a donation, as it involves a transaction, usually advertising or promotional benefits for the individual or business making the payment. It should therefore be reported as Other operating expenses, whereas donations are excluded altogether.
- Travel and accommodation expenses for your employees should be reported in Other operating expenses.
How should I report inventories?
Inventories are divided into three sections; Raw materials, Work in progress and Finished goods.
- Raw materials consist of goods that a business holds with the intention of using to produce other goods or in rendering services. For example, the following might be included in opening and/or closing inventories of raw materials:
- Feed for livestock owned by the business;
- Grain and seed for sowing;
- Work in progress consists of goods that still require work to reach the condition they are to be sold in, such as crops to be cultivated. The value of work in progress inventories should be reported net of progress payments billed.
- Finished goods consist of goods that are to be sold in their current condition, including agricultural produce such as eggs, honey, hay and fruit.
Inventories do not include depreciable assets of the business. These should be reported in Capital expenditure and disposal of assets.
Inventories of livestock, crops, etc:
Animals or plants may be owned by a business for one of two basic purposes:
- for repeated production of goods or services, e.g. fruit trees, working animals, breeding stock, milk or wool production; or
- to be sold.
If the business owns animals or plants acquired for the purpose of being sold, their value as Inventories (stocks) should be reported as follows:
- Livestock being matured, plants and crops under cultivation (i.e. requiring more work before they are ready for sale) should be reported as Work in progress less progress payments billed;
- Livestock, harvested plants and crops ready for sale in their current condition (i.e. not requiring further work) should be reported as Finished goods (including inventories for resale).
Animals or plants owned by the business for the purpose of continuous or repeat production of goods or services (e.g. fruit trees, working animals, breeding stock, milk or wool production) should not be included in Inventories, as these represent assets of the business and should be reported in Capital expenditure and disposal of assets, under Biological assets.
CAPITAL EXPENDITURE AND DISPOSAL OF ASSETS
Only include figures for assets acquired or disposed of in the reporting year. Do not include all balance sheet items unless all the assets are acquired or disposed of during the reporting year.
Capital expenditure refers to the amount spent by a business in the current reporting period on the acquisition of non-current assets. It can be considered the amount spent to purchase or upgrade productive assets like buildings or machinery to increase the business’ capacity or efficiency. If the business hires contractors to carry out capital work, then these contractor payments should be included in the cost of the capital works. It does not include additions to inventories.
- Additions: represents the expenditure on assets on an accruals basis, further to this you are required to report any Capital Work in Progress (CWIP) values against the relevant asset. If exact figures are not available, please provide careful estimates.
This survey aims to capture the activity and production in the economy as it is happening rather than when the asset is capitalised.
- Disposals: Refers to the sale of the asset to another individual or business. It can also include the discarding of an asset. For survey purposes we only require businesses to report the proceeds from sales of the assets. Furthermore animal stock deaths should not be included in this figure as ABS model animal stock deaths based on other survey data.
The examples against each asset below are intended to give an indication of the nature of assets a business may have to report in each category however it is not an exhaustive list.
- Biological assets are assets bearing repeat produce or services such as animals, trees or plants. Further examples include: livestock, breeding stock, vineyards, orchards and plantations.
- Any animals or plants that are raised for sale or slaughter should be excluded from this question and reported under Inventories or Purchases.
Land, buildings and infrastructure
- Land: purchases or acquisition of land.
- Dwellings, other buildings and structures:
- Dwellings: used entirely as residences including structures such as garages, and all permanent fixtures customarily installed in residences;
- Other buildings and structures: comprise of non-residential buildings, other structures and land improvements. These may include things such as highways, roads, airfield runways, bridges, tunnels, subways, harbours, dams and other water works, pipelines, communication and power lines, constructions for mining and manufacturing, warehouses and industrial or commercial buildings. Leasehold improvements that alter and improve the structure and value of the building should be included here (this does not include things such as painting and carpet additions but refers more to structural changes).
Machinery and equipment
- Road vehicles: this category is for vehicles that are primarily to be used on the road such as cars, trucks, motorcycles and utes.
- Other transport vehicles and equipment: this category consists of equipment and vehicles for moving people and objects. This may include items such as trailers, semi-trailers, ships, railway and tramway locomotives, rolling stock and aircraft.
- Industrial machinery and equipment: whilst some items within this category may be mobile and capable of transporting people or goods, their primary business function is for use in the production of goods and/or services which is why they fall under this category. Additional items that could be included are:
- Seeders, planters and transplanters;
- Combine harvester / threshers;
- Machines for cleaning and sorting eggs, fruit and other agriculture produce;
- Milking and dairy machines;
- Agricultural tractors;
- Machinery for preparing animal feed;
- Poultry keeping machinery;
- Bottling machinery;
- Appliances for dispersing liquids and powders of agriculture/horticulture;
- Cool rooms.
- Electrical machinery and electronic equipment: this may include things such as electrical generators and motors, electrical transformers, static converters and inductors, electricity distribution or control apparatus, lighting equipment, electrical ignition or starting equipment, and electrical signalling equipment.
- Communications equipment: this may include things such as radio broadcast and television receivers, video and digital cameras, microphones, loudspeakers, amplifiers.
- Other plant and equipment: consists of machinery and equipment not elsewhere classified, this may include items such as office furniture and fencing materials.
- Computer hardware: this may include things such as hard drives, monitor screens, mouses, keyboards, printers, scanners, automatic data processing machines, and sound/video and/or network cards.
- Computer Software: any software that may be installed in the businesses systems that enable it to operate more efficiently such as Microsoft suite, financial systems, software that operates large machinery, etc.
- Purchased from another business/organisation: any software that has been purchased from another business to be installed on computers used by your staff to enable them to operate and perform their work.
- Developed in-house by employees of this business: any software that may have been developed for use by employees of your business.
Intangibles: This may include items such as trademarks, mastheads, spectrums, company brand, customer bases, licenses, patents and goodwill, etc.
If the business I am reporting for has adopted AASB 16 accounting standard for leases, how should I report my right-of-use assets which were previously off-balance sheet?
- The assets created by AASB 16 for preexisting operating leases should not be reported as Capital expenditure for the lessee. The value of the underlying asset is collected through the lessors’ reporting.
- Assets recognised due to the commencement of new operating leases, remeasurement of an existing operating lease or lease modifications should not be reported as Capital expenditure for the lessee. The value of the underlying asset is collected through the lessors’ reporting.
- Assets acquired through finance leases during the period should continue to be reported as Additions in the Capital expenditure and disposal of assets section against the appropriate asset.
How should I report leasehold improvements to my right-of-use assets?
Leasehold improvements to a right-of-use asset should be reported by the lessee as Additions to Dwellings, other buildings and structures in the Capital expenditure and disposal of assets section of the survey.
What is the cost of capital assets developed in-house by employees of this business/organisation?
This question aims to capture the extra layer of production in the economy that might never be exchanged in the market. Activity reported here is a subset of that reported in Capital expenditure (and therefore should not exceed it).
- Example: if employees of your business carry-out any work on the farm such as fixing up a fence, making improvements to a dam, build a shed or barn then this is considered to be capital work done by own employees. As such, your employee wages and salaries including any additional ‘on-costs’ such as Fringe Benefits Tax, workers compensation, superannuation attributed to the work needs to be reported in the Capitalised wages and salaries question.
- Please exclude from the wages and salaries figures in the expenses section of the form any amounts included in Capitalised wages and salaries to avoid double counting.
- Another example may be an employee of your business who is tasked with project managing the building and construction of an asset. Whilst they aren’t actually involved in the physical build of the asset, their insight and involvement is integral to the completion of the asset and as a result their wages are deemed as ‘capitalised wages’. The other capital costs such as hiring contractors and the materials purchased to build the asset would be deemed as ‘other capitalised costs’. ‘Other capitalised costs’ can include the cost of contractor services and goods or materials that are used as inputs to build the asset.
- If a figure is reported for Capital assets developed in-house by employees of this business/organisation then this value must be less than or equal to the amount reported under Total capital expenditure for that asset category.
What are the impacts of the legislation change introduced in the May 2015 Budget for small business owners?
In the May 2015 Budget, the Federal Treasurer announced a new incentive for Small Business owners to immediately write off the business portion of assets costing less than $20,000 (now extended to 30 June 2019). The ABS expect small business owners to continue reporting these eligible capital asset purchases under capital expenditure, with the relevant write off amount reflected in Depreciation and amortisation expense.
How do I report income from sales of goods and services by state?
Income from sales of goods and services should be reported against the state or territory where the sale was made or the service was provided. For export sales, report against the state or territory from which the sale was made.
How do I report employment and wages by state?
Employment and wages should be reported against the state or territory of the office or location in which the staff are based. For staff who travel interstate or overseas to undertake work, report against the state or territory in which they are usually based.
The purpose of this checklist is to assist you to check the information which you have supplied in the survey before submitting it to ABS. Use of the checklist may reduce the need for us to contact you with further enquiries. The points covered reflect some of the most common reporting errors.
- Are the reported numbers a headcount of persons working for the business? (Should not be FTE);
- Have you reported only those who worked for the business in the last pay period ending in June 2019?
- Working proprietors and partners should only be reported for an unincorporated business, not if the business is incorporated (e.g. Pty Ltd);
- If the business had offices/locations with staff in more than one state or territory, does the total for Australia equal Total number of persons?
- Are all reported financial items reported in $'000s (thousands)? For example, if business income for the year were $123,456, it should be reported as 123 on the survey;
- Have the nature and amount of the main components of 'Other...' items been provided in Other income and Other operating expenses?
- If income from sales of goods produced by the business has been reported, have associated purchases been reported correctly, i.e. as Purchases of materials, components, containers, packaging materials, electricity, fuels and water?
- If income from sales of goods not produced by the business has been reported, have associated purchases been reported correctly, i.e. as Purchases of finished goods for resale?
- Have total wages and salaries been reported either in Wages and salaries expenses or Capitalised wages and salaries or split across the two questions without duplication?
- Have the values of both opening and closing inventories been reported, where applicable?
- Have livestock and plants been reported in the appropriate inventory type - Work in progress less progress payments billed or Finished goods (including inventories for resale)?
- If Cost of capital assets developed in-house by employees of this business/organisation is reported, the value must be less than or equal to the sum of Capital expenditure items reported prior.
- Have you provided comments on any unusual movements regarding the information you have supplied. By taking the opportunity to do this you will enhance the value of the data you supply as well as minimising the chance of ABS staff being required to call you directly for clarification.
- Have you provided an estimate of the time taken to complete this survey? (Please note that we use the time taken information to help us to design effective surveys while minimising the burden on our providers.)