The first part of the mark to market process is to create the Market Price Entry. This will be the lines that will determine the market board and basis prices to be used in the mark to market calculations. When creating the new market price entry you can give it a unique schedule ID along with a description.
In release 2022 R2, Levridge has added support for purchase contract apply partners. Purchase contract apply partners are other growers allowed to deliver against purchase contracts so not only can the grower listed on the contract deliver against that contract, so can all of the apply partners listed on the contract.
Purchase advances allow you to prepay on a purchase contract for commodity deliveries. In Levridge, you can create as many advances as you need or want, and you are not restricted on how much you can advance.
In Levridge, lien holders can be automatically paid during the settlement process. The first step in getting lien holders paid is to set them up on grower accounts.
At Levridge, as an ISV, we have our own custom modules with custom reports. Stock D365 Finance and Operations modules like Accounts Receivable, Accounts Payable, and a few others have Print Management Settings. These are settings that apply to those defined reports when they are printed – like emailing a copy of the Free Text […]
Read the high-level overview below or read the full guide here: Perpetual Inventory and Commodity Accounting Grain processors may want to track the cost of grain inventory though the commodity into the manufactured good. As such, they will account for the cost of the grain through some of the perpetual inventory methods supported by […]
In the 2022 R1 Levridge release there is a new feature enabling the consumption of sales commodity contracts from sales orders.
Levridge commodity software solution includes features around creating freight bill and paying freight carriers. You can read my previous blogs about the design and trouble shooting of the freight payable features. Levridge also includes a feature that lets you pass those invoice freight charges along to the customer. So, when you are invoicing the customer […]
Levridge has functionality to support batch tracking for commodities from the time a scale ticket comes in until the product goes out the door. Here is how it works: 1. On the item, turn on the Tracking inventory dimensions for batch numbers. Microsoft Finance and Operations has native support for tracking batch numbers. 2. In […]
In the Agriculture industry split billing and prepayments are common, but this comes with challenges for the billing department ensuring the correct growers are billed for the products, quantities, and prices. Mistakes happen. It is how quickly and efficiently we handle these mistakes that sets you apart from your competition. With Microsoft Dynamics Finance and […]
