Crop Production:
Q: Should I use a rolling crop tracker or create a new tracker for each season?
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The general recommendation is to start with a rolling crop tracker per crop type. A rolling tracker keeps all your data in one place, making it simpler to manage — you just update the area and inputs each season as you go. As you get more comfortable with Figured, you can move to season-on-season trackers if you want to compare gross margins for each season separately.
Q: How do I update the area in my crop tracker?
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To update your crop area, go into the relevant crop tracker and click on the area/hectares field. You can adjust the planted area for the current season, and any Dynamic Mode entries linked to that tracker's hectares will automatically recalculate based on the updated area.
Q: When allocating grain from a harvest to "used on farm" with a dollar amount — how does that appear in the planning grid?
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This transaction will appear in the Profit view of the Planning Grid and in your Crop Production Reports, but not in the Cash view. It impacts the profitability of the crop, as the additional yield is accounted for, but there is no cash impact as no actual cash movement has occurred. Adding the associated dollar value when recording grain used on farm helps build out your gross margin reporting for that crop.
Q: I have per hectare rates for all my key costs broken down per crop type — is there a way to input this in the planning grid?
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Yes — you can use Dynamic Mode to enter costs as a dollar per hectare rate against your crop areas. To set this up, click on the cell of the expense account you want to enter against and select Dynamic Mode at the bottom of the Planning Grid page. From there, select your start and end dates, choose Hectares as the calculation method, and then select the specific crop tracker you want to forecast against. Enter your $/ha amount, and if you need to apply different rates across multiple crop types, select + Add another to add additional crop trackers within the same entry.
Q: Does Figured integrate with any farm management software (e.g. AgWorld)?
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Yes — We have a live integration with AgWorld. Phase 1 imports your properties and fields from AgWorld into Figured, which is a great starting point for getting your crop areas set up. Phase 2 imports the planned tab from AgWorld (no actuals are imported). However, Phase 2 isn't always beneficial, as your accounting software may not have the same level of detail for it to be comparable — most users stop at Phase 1. If you'd like to discuss whether Phase 2 is right for your file, reach out to the Figured team first before setting it up.