AGRIVIAGRIVIAGRIVIAGRIVI
  • Products
    • AGRIVI 360
      • Farm Insights
      • Farm Enterprise
      • Farm Advisory
      • Agriculture Supply Chain
    • AGRIVI IoT
      • Fleet
      • Meteo
      • Soil
  • Industries
    • Farms
    • Enterprise Farms
    • Cooperatives
    • Food & Beverages
    • Banks
    • Input Manufacturers
    • Agronomic Advisory
  • Resources
    • ROI Calculator
    • Farm Digitalization Score
    • Blog
    • News
    • Case Studies
  • Partnership
    • Login to Partner Portal
    • Become a Partner
  • GET A DEMO
  • English
    • Hrvatski
    • Français
    • Deutsch
    • Italiano
    • Polski
    • Română
    • Srpski
    • Español
Finance Management with AGRIVI Software
    Home Blog AgTech Finance Management with AGRIVI Software

    Finance Management with AGRIVI Software

    By Tanja Folnović | AgTech, Blog Comments are Closed | 10 October, 2016 | 0
    AGRIVI is an online farm management software which provides farmers with the ability to track their entire production process from a single central place, simplifies work organization, minimizes the need of going through tiresome paperwork, helps to manage farmer’s finances and increases productivity and overall profitability. Finances, as one of the most important features for our users, manages all farmer’s expenses, sales, loans, assets, and transactions. With only one click, they can see and analyze the financial health of their farm production.

    Sales and Expense Invoices

    Every time you buy a fertilizer, pesticide, and seeds or sell your crops, the AGRIVI Finance module allows you to register all of these invoices. In every sales and expense invoice, you can add multiple items and also register transactions (in the case of payment in rates), assign invoices to a certain crop production and season, create a vendor and customer base, upload documents and even add comments.

    The list of sales in AGRIVI

    The list of sales in AGRIVI farm management software with payment status icons

    Registering of sales and expenses for items which are or can be stored in inventory automatically decreases or increases their inventory level. Every invoice can be easily exported to a PDF, Excel or Word file by clicking the links on the top of the invoice details screen. If you wish to export some filtered set of invoices, it’s also possible from the invoices overview screen.

    Invoice Number

    The invoice number enables farmers to easily track and organize all invoices by series. To edit a default numbering series, just click on the pencil icon next to the Invoice number input field, or visit the “Finances” section of your Company details page.

    Assets and Amortization

    Assets (or capital expenses) can be registered through expense invoices. To mark a purchase as a capital expense, simply mark the “Is capex” checkbox when adding an item to the invoice and enter the amortization period for the purchased asset. For every registered capital expense, the AGRIVI Assets module gives you a quick insight into the starting and current value, current age, amortization period and rate.

    sl3

    Assets with amortization rate in AGRIVI farm management software

    Transactions and Cash Flow

    Transactions help you keep track of your cash flow and monitor the status of your payables and receivables. Every time you enter a payment in sales or expense invoice, it is shown in a transaction list. In the AGRIVI Transaction module, you can view transactions filtered by status ‘paid’ and ‘unpaid’ and also type ‘cash in’ and ‘cash out’.

    sl4

    AGRIVI Transaction module

    Loans in AGRIVI software

    The Agrivi finance module allows you to create loans and track their payment. After registering a loan, it can be chosen as a payment method for any expense or capital expense. All invoices linked to some loan can be viewed under the Linked purchases section in the Loan module.

    Finance Dashboard

    The finance dashboard gives you an overview of all sales, expenses, and capital expenses, as well as cash flow. To farmers it’s not only important to know how much they have sold and how much money they need to get, but also how much money they really have at a particular moment. The Cash flow section of the Finance dashboards allows them to see their profitability with only one click.

    sl5

    Cash flow overview in AGRIVI farm management software

    Make things easier for yourself regarding finance payment and tracking by becoming your own banker through AGRIVI farm management software.

    No tags.
    Tanja Folnović

    More posts by Tanja Folnović
    Recent posts

    How AGRIVI Helps Farmers

    7 Key Benefits of Farm Management Software
    Read more

    Overcoming Weather Limitations with Greenhouse Farming
    Read more

    AGRIVI-Blog-Tracking-Costs-COVER

    Track Farm Costs: Scale Production and Reduce Expenses with Farm Management Software
    Read more

    INDUSTRIES

    • Farms
    • Enterprise Farms
    • Cooperatives
    • Food & Beverages
    • Banks
    • Input Manufacturers
    • Agronomic Advisory

    PRODUCTS

    • AGRIVI 360 Family
      • Farm Insights
      • Farm Enterprise
      • Farm Advisory
      • Agriculture Supply Chain
    • AGRIVI loT Family
      • Fleet
      • Meteo
      • Soil

    COMPANY

    • About Us
    • Careers
    • Contact Us
    • Partner Program
      • Dealer Program
      • Solution Program

    RESOURCES

    • ROI Calculator
    • Farm Digitalization Score
    • Blog
    • News
    • Case Studies
    • Get a Demo
    • Log In

    GET A DEMO

    LOG IN

    • Privacy Policy
    • Terms of Use
    ©2023 AGRIVI. All Rights Reserved
    • Products
      • AGRIVI 360
        • Farm Insights
        • Farm Enterprise
        • Farm Advisory
        • Agriculture Supply Chain
      • AGRIVI IoT
        • Fleet
        • Meteo
        • Soil
    • Industries
      • Farms
      • Enterprise Farms
      • Cooperatives
      • Food & Beverages
      • Banks
      • Input Manufacturers
      • Agronomic Advisory
    • Resources
      • ROI Calculator
      • Farm Digitalization Score
      • Blog
      • News
      • Case Studies
    • Partnership
      • Login to Partner Portal
      • Become a Partner
    • GET A DEMO
    • English
      • Hrvatski
      • Français
      • Deutsch
      • Italiano
      • Polski
      • Română
      • Srpski
      • Español
    AGRIVI

    Get a Free Digital Agriculture Assessment for Your Farm in 6 easy steps
    TAKE THE QUIZ

    Calculate Your Return on Investment and Possible Savings with Our Free Tool
    GET STARTED

    Interested in buying Farm Management Software?

    Download your free guide.

    checked

    Thank you

    In a few minutes, please check your email inbox where we have sent you a copy of the ebook.

    *Please check your spam or promotions folder in case the email doesn’t arrive.

    checked

    Thank you

    In a few minutes, please check your email inbox where we have sent you a copy of the ebook.

    *Please check your spam or promotions folder in case the email doesn’t arrive.

    checked

    Thank you

    In a few minutes, please check your email inbox where we have sent you a copy of the report.

    *Please check your spam or promotions folder in case the email doesn’t arrive.

    checked

    Thank you

    In a few minutes, please check your email inbox where we have sent a link to the webinar.

    *Please check your spam or promotions folder in case the email doesn’t arrive.

    checked

    Thank you

    In a few minutes, please check your email inbox for further instructions.

    *Please check your spam or promotions folder in case the email doesn’t arrive.

    We will get back to you as soon as possible.