Chartered Accountant Andrew Martin shares how Forecast 5’s new stock tracking features are transforming budgeting for UK farming clients
Forecast 5 with its 4-way feature of fully balanced Cashflow forecast, Profit and Loss forecast, Balance Sheet and forecast Funds Flow statement has found popular acceptance across a wide range of industries.
And we are always happy to customise – when obviously
economically viable to fine tune Forecast 5 to assist
professionals to further improve productivity and profitability.
Fractional Finance Director Andrew Martin, from Andrew Martin Consulting is just such a person. Andrew established his business twenty-three years ago and with a strong interest in the agricultural market approached the Forecast 5 team requesting , the ability to report Opening and Closing stock both by unit and value.
We were happy to assist - and this is Andrew’s response:
"I’ve been using Forecast 5 for the past eight months and have been consistently impressed by its depth, flexibility, and suitability for farming businesses. In my opinion, and to the best of my knowledge, no other forecasting software available in the UK provides the same level of integrated reporting tailored to the needs of the agricultural sector.
A particularly valuable feature is the ability to report Opening and Closing Stock above and below each Cost of Sale line in the Profit and Loss Account, together with the associated monthly Cost of Goods Sold. This has proven invaluable in my work, enabling clear, accurate and meaningful forecasting that reflects the true nature of farming operations.
The Forecast 5 team have been highly responsive, adapting the software to meet industry-specific reporting needs. As a result, professionals working with farming businesses now have access to a powerful and practical budgeting tool that finally meets the sector’s unique requirements"
Good luck Andrew – we hope the addition to Forecast 5 of the trading account structure with Opening and Closing stock will help the UK farming industry
(with, of course, commensurate rewards for your consultancy!)
Don't just take Andrew's word for it—see it in action for yourself. Download a free trial - 21 days with all the bells and whistles.
