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Section 2: Summary

This section summarises each category and extended code for the financial year

Updated over 6 months ago

It includes total livestock sales and purchases for each stock class, total milk solids and other areas where a quantity has been recorded against a code.

You can choose to view this section by either Accrual view or by Payment date.

Accrual View

When viewed by in Accrual basis, this section includes all invoices and events that occurred between the start and end of the financial year.

It also takes into account all paid accounts payable and paid accounts receivable that have been recorded in Farm Focus.

TIP: Paid accounts payable and receivable are invoices and livestock events that have been matched to a bank transaction.

Payment date

When viewed by transaction date this section includes all bank transactions that occurred between the start and end of the financial year. 

It does not include paid accounts payable and paid accounts receivable that have been recorded in Farm Focus. 

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