Setup a milk tracker (AU)

How to setup a milk tracker for an Australian farm

Alexandra Henley avatar
Written by Alexandra Henley
Updated over a week ago

Adding a new milk tracker

You can have as many milk trackers as you wish, provided you have either a unique set of sales / purchase accounts setup or multi-farm enabled.

Head over to Operations > Trackers > Create New Tracker and on the following page select Milk from the list provided.

To create a new milk tracker, you'll need to enter a name and the milk company that you supply milk to. 

Configuring your milk tracker

On creating you'll be taken to the milk tracker settings page, you can get back to this page at any time by going to Operations > Milk tracker > Tracker settings.

Here you can update the operation type, account mapping, farm manager settings, and how you record your milk income in your accounting software.

Operation type 

The operation type defaults to farm owner but this can be changed to share milker or contract milker depending on your farming operation. 

  • Share milker – If you chose share milker, you’ll see an extra field to enter the percentage of milk income you receive

  • Contract milker – If you chose contract milker, you’ll see an extra field to enter the $ per kgMS of milk income you receive

Selecting farm owner gives you the option to add add either a share or contract milker via the Farm Manger settings.

Account mapping

In Figured you will need only one main milk income account. This is the account where you record all of your milk income in your accounting software.

Farm manager settings

If you're a farm owner you can select to add a share or contract milker, check out how to do that here.

Recording milk income in your accounting software

To make sure actual payments are shown in the tracker correctly, you need to select the cash / accrual mode in your milk tracker.

If you cash code payments in your accounting software select No, but if you record them as sales invoices then select Yes.  

Once you're happy with your setup, you can hit save changes at the bottom of the milk tracker.

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