There are three production reports available on Figured:
Cost of production (which you can read more about here)
Crop Season Summary
Dairy Gross Margin
Livestock Gross Margin
The Production report allows you to assess the productivity of your farm, right down to each single income or expense item.
Each income or expense item is measured by:
Kg or kgMS of production
This provides insight into how efficient each allocation of resource has been for the business.
For example if you spent $60,723 on fertiliser for the year, which equates to $35.10 per hectare for 1730 effective hectares - could you spend more by increasing dry matter, or less on buying in supplement?
The Production Calculation report is an overview of all the sales and purchases per stock class, as well as production movements within a given year.
Sales, Purchases, Rations & Transfer weight in this report can be found by taking the total live weight x the dress out ratio
To find the total live weight you find the total stock quantity sold, purchased, transferred or killed for rations x the live weights entered per transaction per stock class.
Opening weight can be calculated by taking the opening quantity x last years closing live weight x the dress out ratio
Closing weight can be found by taking the closing quantity x the closing live weight x the dress out ratio
The closing live weight and dress out ratio are both set within your trackers configure weights page.
Cost of Production report summarises your total production, direct costs, overhead costs allocations, and expenses for each season. It can be run per tracker to give you insights. You can find out more here.
A Crop Season Summary report is used to show a breakdown of all the information pertaining to a specific Crop tracker, it provides information on the area used by the crop, the yield, the income and costs associated and the value of all on hand products that have not yet been sold or used.
Dairy Gross Margin is essentially a combination view of your dairy cattle tracker and your milk tracker. It shows you all the financial info and KPI’s regarding your dairy operations, both the livestock and the produce of that livestock too.
Livestock Gross Margin shows you key summary information regarding your livestock trackers, you may select just one or multiple depending on what you would like to see.
There are four tracker reports available on Figured:
Within these reports, you can view individual trackers, or you can consolidate trackers of the same type.
The tracker summary report shows your livestock reconciliation as per what you'd see in the production tracker itself, along with a summary of all sales and purchases.
The tracker transactions report allows you to review all transactions and movements made within a tracker over a designated period.
The tracker monthly report shows all livestock movements on an accumulative monthly basis, within a given year.
The tracker movement report shows all livestock movements on a monthly basis, within opening, current and closing balances, within a given year.
For video tutorials check out our reporting YouTube playlist here.