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Split transactions
Split transactions
Effortlessly manage complex farm finances. Use split transaction functionality allowing you to easily divide a single expense or income entry across multiple enterprises, cost centers, or budget categories. Gain precise profitability insights for every facet of your operation, from row crops and livestock to specialty crops. Simplify accounting, improve cost control , and ensure audit-ready financial records. Track costs by field, enterprise, and category with ease and clarity.
Enhanced Financial Accuracy
Accurately allocate single transactions, like a supply store purchase covering both equipment parts and feed, across multiple budget categories or enterprises (e.g., Row Crops and Livestock). This eliminates the need for manual calculations or separate entries, ensuring every dollar is assigned correctly at the point of entry.
Simplified Multi-Enterprise Tracking
Manage costs and revenues for diverse farming operations within a single transaction. If a payment covers overhead for the grain operation and inputs for the vegetable enterprise, split the transaction to immediately reflect the true profitability and cost structure of each segment, providing clear, enterprise-specific financial reporting.
Streamlined Reporting and Compliance
By accurately splitting expenses and income, you ensure that financial reports (P&L statements, balance sheets) reflect the granular reality of your farm's finances. This precision is vital for tax preparation, compliance checks, and presenting clear financial data to lenders or partners.