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AgExpert Accounting Ideas
Categories Reports
Created by Guest
Created on Feb 20, 2026

Improved accrual reports

I would like to see true accrual income/expense and enterprise reports. Starting with a trading account for each enterprise:

Ending inventory value + Sales + Inventory transfers in

less

Beginning inventory value + Purchases + Inventory transfers out

equals

Gross Product per enterprise / accrual income


Then directs costs can be taken off to show gross margin (per enterprise)

Then overhead costs can be taken off to show business profit


This will be especially useful for livestock enterprises, but will also be helpful for grain enterprises.

You will have to be sure that feed inventory can be "billed" or transferred as an expense for the livestock enterprise it is being fed to.

Accrual statements would show the value the business or enterprise has produced

Cash statements show only the cash transactions for the business or enterprise

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