• How to reconcile your livestock

    Firstly it’s important to understanding that unlike the Cashflow screen, which reflects what happened at the bank and when, the Livestock screen is driven by the event date, such as the sale or purchase date, births, deaths and missing. This is so that you know what stock you’ve got on hand at any time.

    Secondly, the Livestock screen will always display a 12 month view of your financial year, whether it runs from June to May or July to June etc. If you create a budget that goes over your financial year, say an 18 month budget, the Livestock screen will still only reflect a 12 month view, based on the beginning of your financial year. You can use the Next Year button located on the toolbar to move into the next financial year.

    Lastly, your stock will automatically age up to the next stock class at the end of your financial year. To ensure Cashmanager RURAL displays the correct tallies of stock throughout the year, make sure you code your stock events correctly back to what they opened as at the beginning of the year, not what they may be in the paddock.

    Scenario: Pete has recorded an opening number of 50 R1 steers at the beginning of his financial year. As the year progresses, he makes sure to record any stock transactions back to R1 steers, even though the kill sheet might class them as R2s. At the end of the year, the remaining two animals age up to R2 steers. 0_1473249284499_Screen Shot 2016-09-07 at 11.37.08 PM.png

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