Automate Settlement Requests: Increase Accuracy and Efficiency

By Levridge staff | Published: May 9, 2024 | Accounting , Grain , News , Product Updates

New feature now available in the Levridge Commodity Accounting module! At Levridge, optimizing efficiency is our priority to ensure we provide you with the tools needed in the agricultural industry. Every step in the process, from delivery to pricing, plays a crucial role in ensuring smooth operations. One aspect that often demands attention is the […]

A Currency to Convert from is Required to Retrieve Exchange Rate Information Message When Setting the Shipping Carrier in Levridge

By Levridge staff | Updated: Apr 23, 2024 | Grain

When using freight on a scale ticket in Levridge, if you are getting the message “A currency to convert from is required to retrieve exchange rate information” when you have set the shipping carrier on the scale ticket and are trying to save the record or view the freight invoicing go to Commodity accounting > […]

Levridge Lingo #2 – What is Equity and Patronage?

By Levridge staff | Updated: Aug 23, 2023 | Accounting , Grain , Patronage

Equity in the agriculture industry or in a cooperative refers to the value of the assets owned by the organization or its members after all the liabilities or debts are subtracted. Patronage refers to the practice of returning profits or benefits to the members of a cooperative or mutual organization, such as a farmers’ cooperative, in proportion to their use of the organization’s services or products.

Levridge Lingo #1 – What is a Co-op?

By Levridge staff | Updated: Aug 2, 2023 | Accounting , Grain

A cooperative, or “co-op,” is a type of organization that is owned and controlled by its members, who are typically farmers, ranchers, or other agricultural producers. In the agriculture industry, co-ops are often formed to provide collective marketing, purchasing, or other services to their members.

How to Resolve Error Message “Grower xxx is Currently Being Settled by User yyy” When Creating a Settlement Request in Levridge

By Levridge staff | Updated: Oct 12, 2023 | Accounting , Grain

When creating a settlement request in Levridge, if you receive the error message “Grower xxx is currently being settled by user yyy”, and that user is not currently creating a settlement for that grower, you will have to go into the settlement wizard and cancel it out so it will clear the record lock. You’ll be unable to create a settlement for that grower until this error message is resolved, but luckily this is simple to fix by following the steps below.

The Difference Between “Grain Shipped Not Invoiced” and “Shipped Not Invoiced Bulk” in Levridge

By Levridge staff | Updated: Oct 12, 2023 | Grain

Grain shipped not invoiced is used when a company gets an invoice and settlement sheet from the buyer of the grain. The company is trying to match the customer invoice/settlement sheet to the company’s scale tickets. Shipped not invoiced bulk is used when the selling company is originating the invoice/settlement sheet and the customer has to match them.

Managing Commodity Sales Contracts in Levridge

By Levridge staff | Updated: Jan 12, 2021 | Grain

Each commodity sales contract is comprised of varying levels of information related to the contract type, customer account, commodity type and more. Frequently, ag retailers are relying on large spreadsheets to track and manage this information and struggle to quickly access complete customer information and generate invoices.