Information to include in a livestock transaction from a bank feed or transaction file

Transactions that have been imported from a bank feed or a transaction file will already contain information such as the transaction date, other party and amount.

All you need to add is information that relates to the event itself including:

1. The correct stock class
   Should the stock class be recorded as a ewe hogget or a two tooth?
   Have a look at our blog to see how livestock ages in Cashmanager.
   
2. The date the event took place
   Reflects the date stock came onto the farm or left.
   
3. Quantities
   The number of stock recorded on the invoice or credit note.
   
4. Weights
   Live or carcass weight.  

Tips

• Did you know you can attach your kill sheet or sale/purchase invoice directly to your transactions? Find out more

• Code the transaction to the correct stock class in your database, not necessarily how you class them in the paddock.
  For example, if you open with 'xxx' number of trade hoggets in Cashmanager, continue to code any related stock events to that stock class, even if the invoice lists them as a younger animal

• If you need to split the transaction between multiple stock classes, adjust the Line amount and use Add new line for additional stock details

• If you sell or purchase stock around balance date, make sure you record the correct event date so that accurate closing stock numbers are captured in the livestock rec

• Be consistent in the way you record stock weights, either all live weight or all carcass weight