Overview of Worksheets, Budgets & Reports

1.    Enterprise Worksheet Groups

Groups of projected costs and income for a specific part of the business. 

Example: A business may have grain (cropping) and sheep (stock) enterprises to manage. There are costs unique to each enterprise in the business, like sheering costs (sheep) vs harvesting costs (cropping).

2.    Fixed Cost Worksheet Group

The Fixed Cost Worksheet Group is used to track expected costs for the whole business or across more than one enterprise (part) of the business. Start a new Fixed Cost Worksheet by going to the same window as the Enterprise Worksheets. 

Example: Use the Fixed Cost Worksheet Group for salaries, repairs, fuel, insurance and licenses for items that do not belong specifically to cropping or stock, but may be used by both.

3.    Assets & Liabilities Worksheet Group

The Assets & Liabilities Worksheet group tracks items the business owns and items the business owes money on. A new Assets & Liabilities Worksheet Group is started by going to the Full Budget window. 

Example: The worksheets in the group are used to list the items owned by the business, such as unsold grain stock, supplies in inventory, vehicles and land. An Assets & Liabilities Worksheet Group lists items like the loan amounts and details hire purchase vehicles, leased equipment and term loads.

4.    Grain Income Calculator

Optional: A budget tool for managing grain pools, grain loans or harvest income that bridges across multiple budget years. 

Example: The time from first loan to final payment on a Wheat Pool Harvest Loan occurs across 2 fiscal years. The terms of the loan are complex and include percentages of distributions and paying the loan underwriting fees before receiving the income from the sale. 

Agrimaster GIC does the calculations forecasting the amount and timing of the loan distributions. And, the GIC will keep track of remaining activity in the next fiscal year, such as payment for the sale of grain and subtract underwriting fee.