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Part 11: Reports

This is the eleventh and final part of the getting started process. It covers reports.

Updated over a week ago

Farm Focus has an extensive range of reports. By managing your actuals and budget you are rewarded with valuable insights into your farm business. This information is displayed in our reports.

Cashflow

The cashflow report can be used to show annual totals, monthly cash movement and balances and peak overdraft.

Cashflow detail

Reports the details behind the actuals and planned items.

Analysis by Code (ABC)

Reports an overview of actual transaction details, grouped by Category and Extended codes.

Livestock reconciliation

Displays stock opening and closing numbers and all livestock movements financial and non-financial for each year.

Livestock Trading Report

A livestock reconciliation reports on production per hectare, kilograms of carcass weight and value per stock class. This report is more applicable to farms that focus on meat production.

Learn about the Livestock trading report

Variance

The variance report is one of the most commonly used management accounting reports. The variance report in Farm Focus includes values, quantities, and percentages to help you identify the variance between two different sets of data. The report can be customised to suit your needs

Year-to-Date Variance (YTD) Variance

The YTD Variance report shows a particular month and the YTD variances. This report is important if you are managing your income and expenditure carefully. It compares two sets of data, showing the cash and percentage variance for a particular month and year-to-date.

Trends

The Trends report displays up to five years of data allowing you to analyse trends and track changes over time. The report can include the current year a future year and previous years and enables you to understand how your business is performing year on year and highlights any irregularities

Profit & Loss

Summaries total revenue minus expenses for a financial year with optional adjustments.

Economic Farm Surplus (EFS)

This report tracks the profitability of your farming business with KPI (key performance indicators) measures like gross farm revenue as a percentage of per hectare, stock unit, milking cow or kilogram of milk solids and earnings before interest, tax and rent (EBITR).

Learn about the EFS report.

This is the last training resource, view all our training videos here. Don't forget you can always contact us! We would love to hear from you.

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