Retro payments
under review
T
Tiffany Cawte
Can the forecaster go for 18months reflecting the milk company schedules and then pull through the retro payments into the following seasons budget?
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Grace - Farm Focus
Katie - Farm Focus
Merged in a post:
Include further payments in dairy foreacster
E
Ellen Godber
The dairy forecaster calculation appears to only provide milk solids x base adv rate. Fonterra also pay further payments for all the milk solids for prior months at the increase adv. All the information to perform this calculation is included in the dairy forecaster screen however is not included calculation which results in under budgeting the income for the month.
Can this be factored into the cashflow to improve budgeting accuracy?
Farm focus
under review
Farm focus
Thank you for your feedback. This is something that our team are working on and is on our backlog. We will keep you informed once this feature is made active.
C
Carol Bovey
I agree, this is an area I have clients struggle with in their planning. They think the Milk Forecaster is great, then are quite deflated to find it doesn't also calculate the end-of-season retro payments and pull them through to the Last Season Deferred fields. I think this would be a really useful feature.