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12 definitions of GTO. Definition of GTO in Business & Finance. What does GTO stand for?
Oct 11, 2013 · In the context of Singaporean commercial property rentals, GTO stands for **Gross Turnover (GTO)**. It refers to the total amount of sales revenue generated by a business operating within the rented commercial space in a given period. Here's a breakdown of how GTO is relevant in commercial property rentals:
A Gross Turnover Audit (GTO Audit) is a special purpose audit of a Licensee’s schedule of gross sales turnover, in relation to all licensable activities under the Lease Agreement to operate Business granted by the Licensor in Singapore.
A Gross Turnover (GTO) Audit is an examination of a business's reported gross turnover or revenue to verify its accuracy and compliance with accounting standards, tax regulations, and other relevant financial regulations.
The auditors will perform the audit to validate total sales for the relevant period, and provide a certified report to the landlords. This certified report is a conclusive evidence that the monthly gross turnover presented in the Statement of Gross Turnover is true and fair.
ZE Global has experienced auditors dedicated to managing the gross turnover (GTO Audit) and sales Audits for retailers operating in Singapore.
Oct 13, 2008 · GTO FINANCIAL GROUP PTE. LTD. was incorporated on 13 October 2008 (Monday) as a Exempt Private Company Limited by Shares in Singapore. The Company current operating status is live with registered address at CITY HOUSE. The Company principal activity is in MANAGEMENT CONSULTANCY SERVICES (GENERAL).
