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TIP: Funds

 

Selling Harvested Crops:
Quantity On Hand vs. Specified Fields Only

When selling harvested crops you will have the option to select whether you want the sale Based on Quantity on Hand or to Specified Fields Only. This will determine how the sale will be allocated to the field enterprises.

If you select Based on Quantity on Hand the amount of the sale will be allocated back to every field that still has quantities of the harvested crop, based proportionately upon their remaining unsold quantity. If all harvested crop sales are recorded using this option, the program will average all of your sales and each field enterprise will get the same average sales price of all sales. For example, if you sell 10,000 bushels of corn at $2.30 and 10,000 bushels at $2.40, the average sales price of $2.35 will show up on each field's enterprise statement.

If you select Specified fields only and click OK in the Harvested Crop Sale window, the "Allocate Sale of Harvested Crops" screen will appear. The field name drop down arrow will list all fields that currently have an unsold amount of the selected commodity. It will display the remaining quantity on hand for each field. To allocate sales to more than one enterprise, click the 'Add Row' button and select the next desired enterprise. You will be able to split the total quantity that you are selling between the field enterprises as you wish. You must allocate the total quantity sold to the fields (the Left to Allocate value must be zero) before continuing.

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Martens Farms has been providing individual training and setup for customers by phone and in person across the United States since 1996. We help you make the most of Farm Works software.

Call us at at 877-585-6761 and ask for Lorra.

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