Expenditure
method - ignore intermediate transactions and only count the final expenditure
on national product.
Output
method (production method, industry of orign method) - value added. Final
expenditure cann be broken down to show the industry of orign
Income
method - factors of production. Completely other from previous 2 and helps a
lot to compare. Easy to calculate from the income tax receipts.
Wages
and profits reach household sector from productive secotr and private
consumption is returned. Value added measures the flow that leaves productive
sector, national income measures the amount received by households and final
demand, or expenditure is the amount reaching the productive sector again.
The
data is not meant for national income accounting, but for paying tax, import
duties etc.