Enable livestock
Log in to HandiLedger and Select your entity.
From the View menu, click Entity Details.
On the Entities window, highlight the required client.
Click Edit.
Under Include Accounts, select the Livestock check box.
Click Save and Close.
Note: The use of account codes in relation to Opening Stock, Closing Stock, and Stock on Hand is very strict. If the wrong account code is used, balances may not rollover into the next financial year.
Create Livestock Classes
Log in to HandiLedger and Select your entity.
From the View menu, click Livestock.
On the Livestock window, click New.
In the Name field, type the name of the livestock class.
Click Save, Close.
Important: HandiLedger will allocate account numbers for Opening Stock, Sales, Rations, Losses, Purchases, Increases, and Closing Stock to the livestock class. When processing livestock entries, these account codes must be used.
Input quantities
Log in to HandiLedger and Select your entity.
From the Input menu, click Periodic Livestock Numbers.
In the Livestock Name section, highlight the required livestock class.
In the Account Codes section, highlight the account code against which the stock quantities will be recorded.
In the Periodic Livestock Numbers section, type the stock quantities for each period.
Click Save.
Keep performing steps three to five until livestock numbers are specified for each required account code.
Note: Livestock quantities can also be entered by using the quantity column, when completing the livestock journal entry.
Natural increase
For HandiLedger to record the Average Cost of Livestock correctly, it must know the value assigned to the Natural Increase.
Log in to HandiLedger and Select your entity.
From the Input menu, click Periodic Livestock Numbers.
On the Periodic Livestock Numbers window, under Livestock Name, highlight the required livestock class.
Click Natural Increase.
Click New, and then complete the window, Year and Natural Increase Value.
Click Save, Close.
Process the livestock entries
Process your livestock entries from the Input menu options in the normal manner.
Note: When processing the livestock entries, it is important to:
Use the account numbers generated when the Livestock Classes were created.
The entry date needs to match the periods used for the items in the Periodic Livestock Numbers section.
Automatic method (using average cost)
Log in to HandiLedger and Select your entity.
From the Input menu, click Periodic Livestock Numbers.
On the Periodic Livestock Numbers window, click Post Closing.
On the Post Livestock Closing Values window, type the Period for which the journal will be created.
Type a Description (if required) to be attached to the journal entry.
Click OK. Closing stock will be calculated as (Closing Stock Quantity) x (Average Cost).
Manual method
Log in to HandiLedger and Select your entity.
From the Input menu, click Closing Stock Values.
On the Closing Stock details window, click the Livestock tab.
Under Accounts, highlight the account number against which the closing stock entry is to be recorded.
Under Closing Stock Values:
Click New.
Type in the Period Number to which the closing stock relates.
If required, type a Description for the transaction.
In the Amount column, type the value of the closing livestock.
Click Save to record the information.
