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February 2003
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Vol. 3 No.2
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| SOUTH DAKOTA SUCCESS STORY, CHAPTER VI BREEDING STOCK PROJECTS Jorgensen Land & Cattle, Ideal, SD, is nationally known for its Angus bulls, which are marketed via private treaty, auction or lease. One of the first issues raised by Jorgensen management to controller Daryl Ellis was to determine the "best" sales method. Further complicating this task is the accounting for the cost of cull animals that don't make breeding stock standards. Ellis's solution is to define seven production centers (See table below). Bullsthe primary commercial productare included in five of these centers (Developing Animals, Private Sales, Leasing, Auctions and Culls). Groups within centers are identified by an FBS user-defined field (rather than location) allowing groups to move between pasture and feedlot pens). With e.CLIPSE automatically moving costs from stage to stage, Ellis can come up with profit and loss by stage and group through the Smart Feeder User Defined Report. (See Figure 1.) Ellis treats cull bulls as a "cost center" because: Therefore, Ellis "pushes" cull gain (loss) of culls into the other centers using a manual journal entry, forcing net margin to zero in the cull center. (See Figure 2.) In this example, the 6060/8010-C Cull Center/Group produced a $13,475 loss which is then allocated into the other groups. |
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CROPSHOP.2003 "REAL INFORMATIVE" "We thought each session was real informative and liked the way you presented them. The manual that you supplied to follow the Powerpoint presentation has been a real good tool. When we got home we have gone back to that for reference. We feel that FBS is the premier software for agriculture and look forward to using the new technology."
That's the feedback we've received so far from our first CROPSHOP seminar in Louisville on Feb. 11. Participants learned how to benefit from managerial accounting and the newest precision farming technologies and were inspired by the wit and wisdom of Howard Doster. Most important, over half of the operations attending CROPSHOP have already committed to adopt the systems and practices covered in the seminar. If you'd like more information on these topics or want to stay informed on upcoming CROPSHOP seminars, contact Norm Brown via email at norm@fbssystems.com or telephone at (309) 582-5628 ext. 101.
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TIME'S TICKING! INVEST IN FARMING'S BEST INTEGRATED SYSTEMS AND SAVE UP TO 33%. BUT DEADLINE'S CLOSING IN!
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SPECIAL NO. 2: Buy the complete e.CLIPSE management information system. Save $1,390. Get a FREE Compaq iPAQ Pocket PC. Two days of on-site training are included in the package. (Free SST Stratus software is also included with crops version of e.CLIPSE.) This is our first special on e.CLIPSEand it hands you a turnkey integrated MIS at unprecedented savings. |
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Free
iPAQ PC and big dollar savings too!
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COMBINE YOUR 'CAP'
CREDIT WITH ONE OF THE ABOVE SPECIALS AND YOU MAY ENJOY YOUR BEST SAVINGS
EVER!Have you checked your Client Appreciation Program (CAP) credit lately? If you've been on the TiMEsaver Service Agreement for three years, paid each invoice by June 30 and haven't redeemed any of your CAP credit, you've accumulated the maximum 40% discount toward the purchase of selected FBS programs. The amount of credit is determined by the number of years spent on TiMEsavr and accordingly would currently be 10, 20, 30 or 40%. If you don't know your actual TiMEsavr credit/discount, contact your FBS sales representative at 800.437.7638 or sales@fbssystems.com. By combining this opportunity with Special Offer No.1 (above), you could add another module for extra savings up to $798! So set your CAP for maximum savings. But here again, time is vital! Contact us today.Top of Page |
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THE CURTAIN SLOWLY DESCENDS ON SHOWTIME 2003 … CHECK OUT THE REMAINING TRADE SHOWS ONLINE. Top of Page |
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SOFTWARE Q&A
WITH Q'S FROM YOU, OUR CLIENTS! Send us your questions/problemsbe they short, long, simple or downright frustratin'!about SeRVware and we'll handle them right "on the air" for the benefit of all. This month's question was suggested by Greg Streeter, FBS programmer and Web master, who has assisted several clients with this problem. Top of Page | ||||||
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CLIENT'S CORNER WelcomeTop of Page |
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sales@fbssystems.com
800.437.7638
©2003 FBS Systems, Inc.