The Enterprise Summary report provides physical parameters of the enterprise and provides gross margin information.
The upper section of the enterprise summary contains physical production parameters that give detail to the size, nature and technical parameters of production. The lower section shows the financial performance of the enterprise.
Cash Gross Margin
The cash income, cash cost and cash gross margin show only the cash costs and incomes that have been allocated to the enterprise for the management season. The cash gross margin reflects cash used and generated by an enterprise during the season.
Gross Margin
The gross income and variable costs include:
•cashbook entries allocated to this enterprise for the selected management season. •trading account entries. •the appropriate allocation of unallocated enterprise entries. The change in value on hand records the change in the value of livestock or stored commodity of this enterprise over the report season. For cropping enterprises grazed by livestock, there is also a value attributed to the value of this grazing.
The gross margin is therefore the sum of the gross income of the enterprise and any value of grazing for crops, minus the variable cost and any change in value of livestock and commodities on hand.
The cost, income and gross margin information is given as a total and on a per unit basis. For example, per hectare, per cow, etc. The unit varies between different farm management types. These per unit values help in the comparison of enterprises and the investigation of a proportionate increase/decrease in the size of the enterprise.
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