Select farm business start date
The Financial year you select will set the start date for the bank account opening balances in your Cash Manager Focus farm business.
For example if you select the current financial year, your opening bank balance will start at 1 July 2019.
It will also determine the budgets (plans) that can be migrated and the individual transactions that you can view and edit.
You will have the option to start from your current financial year i.e. 1 July 2019, or the previous financial year i.e. 1 July 2018.
If you select the previous year, you will also be able to see transactions for the current year.
You can choose to migrate all transactions into Cash Manager Focus or not to migrate your transactions at all.
If you do choose to migrate your transactions, any transactions dated after the chosen farm business start date can be viewed and edited, any earlier transactions will be summarised in the trends report
You can migrate current year and future budgets to plans into Cash Manager Focus.
They will appear in your farm business as Draft Plans and you can then choose which budget will become your Working Plan.
Opening livestock numbers
Choose whether you would like to migrate your opening livestock numbers or if you'd prefer to manually enter them after your farm business has been migrated.
Default bank account
If you run more than one bank account in Cash Manager, you can select which one will be the default bank account to assign to bank transactions, invoices and planned items.