Performance Summary (EFS) report
The Performance Summary report (EFS) helps you to measure your farm performance and profitability using actual, budget or revised (a combination of actual plus budget).
It is a financial year based report which means that it includes your entire financial year i.e. June - May, plus balance date payable and receivable items i.e. items that you pay or receive income for in the current year that relates to the prior year.
The EFS report helps you to analyse the physical and cash performance of your business in the form of KPI’s that are specific to you.
Physical Performance opening and closing stock numbers breeding percentage milk production stocking rate per Ha
How is the EFS report created?
Most of the information is pulled directly from your actual or budget data. Under Report Options you can also:
Customise the report to view each enterprise within your business or change the Analyse By fields to suit your business.
Add additional information such as adjustments for stock.
For an accurate view of your business, don't forget wages of management, depreciation and any capital expenses that haven't been recorded in your database.
TIP: The Analyse By fields can be manually changed by entering a description and quantity into the Column and No. fields i.e. if you want to measure against the total kg of meat on hand at the start of your financial year.
The EFS requires key information in order to provide accurate reporting. So it helps to make sure that the data in your database is up to date:
Display more detail
Each summary group can be expanded to show the categories and extended codes in each, and then expanded again to display each transaction.
Simply click the arrow button next to each code to expand or reduce the level of detail.
Alternatively, in the Report Options area select Expand All to display all transactions and Show Long Comments if you want to include any detailed notes attached to the transactions.
The default view of the EFS report displays information up to the Economic Farm Surplus of your business i.e. revenue, expenditure and adjustments.
You can expand the selection to include your Operating Surplus i.e. interest and rent or, to look at the full picture of your business, select All. This will include all capital, personal and tax transactions.
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