Actual |
An actual sale or purchase of livestock. This information is always captured in the Transaction screen to reflect what happened at the bank. |
Ageing |
The number of stock that, as at balance date, will be aged out of one stock class into another, ready for the start of the next financial year. |
Births |
The number of animals born into a stock class. |
Budget |
Record opening stock numbers, planned purchases and sales and other stock movements i.e. deaths and missing to identify numbers and stock units month by month. |
Category |
Or Stock Category. Normally a species of animal, but may also be a different class of the same species, such as stud cattle as opposed to the commercial herd. Or on a dairy farm – separate herds. |
Deaths and missing |
Stock that has died, or stock that cannot be accounted for. |
EFS |
Economic Farm Surplus. EFS is a measure of farm profit. It is Farm Income less standard Farm Working Expenses after selected Adjustments (such as depreciation). Mortgage interest is not included in Farm Working Expenses. |
Grid |
The monthly view provides livestock values in a grid. The grid represents stock classes as rows and the months being columns. |
Killed |
Stock killed for personal use. |
Livestock Reconciliation |
Livestock reconciliation (stock reconciliation or stock rec) is the matching of all documented livestock transactions to the physical paddock records within a financial year. That is: Opening Numbers, Births, Stock purchased, Stock sold, Killed, Deaths and Missing, Transfers in/out, Year-end Numbers, Ageing Out/In, Year-end Numbers, Ageing Out/In, Next Year's Opening Numbers, Opening and Closing Stock Units. |
OFS |
Operating Farm Surplus. OFS is Economic Farm Surplus (EFS) less interest. |
Revision |
A revision is the combination of actual transactions (sales and purchases) to a specific date plus budget figures for the remainder of the year. |
Stock Category |
As per the definition for Category above. |
Stock Class |
Within each category, stock class represents an age group or type of stock. For example, for the category sheep, stock classes are: MA ewes, 2th ewes, ewe hoggets, sale lambs, hoggets, wethers and sires. |
Tick box |
A tick box (tickbox, checkbox, or check box) is a tool that allows the user to make multiple selections from a number of options, or to have the user answer yes (ticked) or no (not ticked) on a simple yes/no question. |
Toolbar |
A toolbar contains a group of frequently used buttons, icons, and menus suitably located for quick reference. |
Transfers |
The transfer of stock between classes within the same livestock reconciliation. Every transfer out must be matched with a transfer in. Common use is where in-calf heifers are separated from dry heifers or where some mixed age ewes are transferred to a cast for age class. Transferring between enterprises is another use, but if their value is included a better technique is to create sales and purchase records. |
User |
A user in this context is a person who uses Cashmanager RURAL. |
WYSIWYG |
An acronym. ‘What you see is what you get!’ |