You have a tracker for each production activity that you perform on the farm.
You would have a milk tracker for the milk you produce on your farm
You would have a livestock tracker for the livestock you run on your farm
You would have a cropping tracker for the crops you produce on your farm
You enter actual, budget and forecast transactions into trackers. An example of how those three transactions work is below.
You have a sheep tracker for the sheep you run on your farm
You would enter a budgeted purchase of 500 ewes you plan on buying in next year to bolster your herd
As the time draws closer, you’ve had a hard winter and you realise you don’t have the feed capacity to support this many new sheep, so you update this transaction in your forecasts with a purchase for less sheep - 150 ewes
The truck rolls in your driveway with the ewes you’ve just purchased from the yards, you enter an actual purchase for 150 ewes
The tracker then passes this information to Xero and other areas of Figured, providing the data required for accurate overviews and reports (both production and financial).
We have a range of production trackers available on Figured to keep on top of all production that's occurring on the farm, including the following: