Farmplan Business Cloud gives users the option to cost out enterprises separately so that you can monitor the income and expenses of distinct areas of the business.

If you have already been using Farmplan Business Cloud for a while you will need to go back and add enterprises to entries that you have already made.

Firstly you will need to activate the enterprise option by going to Company Settings > Financial Info and ticking ‘Does the Business use Enterprises?’

A new option will have appeared in Tools > Enterprises where you can create the details of the enterprises that you wish to allocate income and expenses to. See the article here for instructions on how to setup enterprises.

Each line on a transaction can now be allocated to an enterprise as well as a category. To add an enterprise to an existing entry go to Accounting | View Transactions. You will be able to edit any existing transaction and pick the appropriate enterprise from the drop-down list. New enterprises can also be added as you go along.

Use the handy advanced search button at the top of the View Transactions screen to narrow down the selection of transactions – for example filter by category to pick Fertiliser and allocate each entry to the appropriate crop.

To produce a Net Margin report for a particular enterprise go to Reports | Profit & Loss and select the appropriate one from the selection box at the top of the screen.

You can compare multiple enterprises and tags within the Reports | Profit and Loss Comparison report.

For full details of using Enterprises within Farmplan Business Cloud click here.