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TIP: Funds

Partially Ending an Enterprise

The Partial End Enterprise box will appear after clicking on the OK button in the Farming box when you select Partial in the End Enterprise area. This function is used to end a percentage of an enterprise's inputs, while leaving the remaining percentage in the field.

For example, you might want to divide inputs equally for a hay crop with three cuttings. You would enter a Partial End of the enterprise after each cutting. In the first cutting, 33% of the inputs would be allocated to the ended enterprise. In the second cutting, 50% of the inputs would be allocated to the ended enterprise. Complete a full close for the third cutting, allocating the remaining inputs (33% of the original amount) to the third cutting hay.

Warning: Since the percentage of inputs will include any costs associated with the current action, complete a partial end in a separate farming action after recording the harvest.

To Partially End an enterprise:

1. When recording a farming action in the Farming box select Partial from the drop-down listing for End Enterprise.

2. After you select the OK button to record the farming action the Partial End Enterprise box will appear. The box will have two columns representing the part of the enterprise Ending, (the harvested crop), and the New enterprise that will remain in the field.

3. The Crop for the Ending enterprise will be the Crop Enterprise that you selected in the Farming box. You will need to select a Crop for the New enterprise that remains in the field (this crop can be Field Prep.).

Note: When working with a crop with more than one cutting, include a cutting description in the Commodity title. For Hay, you would have crops such as "03 1st cutting Hay", "03 2nd cutting Hay" and "03 3rd cutting Hay".

4. Change the Size if desired. The size will default to the acreage of the field farmed for both the Ending and New enterprises.

5. Enter the Percentage of the Inputs that you want to be allocated to each enterprise. Note: The two percentages must add up to 100%.

6. Select the OK button and the inputs will be split between the two enterprises.

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