Using the Transaction Entry dialogue box The Transaction Entry dialogue box allows you to enter accounting transactions without doing double-entry accounting. AgExpert Analyst automatically updates the appropriate ledger ...

Video: Transaction Entry Screen Keywords: AgExpert Analyst, Entry Screen, Transaction In the Transaction Entry Screen, you have five transactions ...

Adding lines to the transaction entry screen Once you finish entering details to a transaction entry line, press the tab button on your keyboard until a new transaction ...

Change to reference number entry The size of the reference number entry in the Transaction Entry, Point of Sale, Inventory Adjustment and General Journal dialogue boxes has increased ...

Back/postdating transactions Transactions can be both backdated and postdated to any fiscal year that exists in the database. To backdate or postdate a transaction, enter the ...

Creating notes for transactions A Notes icon has been added to the bottom left corner of all AgExpert Analyst transaction screens. You can use it to ...

Error: Columns in Transaction Detail squeeze to the left Program Version: AgExpert Analyst 2012-01 The column headers in the detail section of the Transaction Entry dialogue ...

Credit and debit accounting overview AgExpert Analyst uses what is known as a T Accounting model-- for every credit there is a debit . Review the ...

Recording an expense payment To record payment for an expense, such as a power bill: Select Transaction Entry from the Transactions menu. The ...

Video: Sample Transaction - Fuel Purchase Keywords: AgExpert Analyst, Entry Screen, Transaction In this sample transaction, ...

Entering GST and PST on transactions You only need to record GST or PST if it's been paid on the cost of a purchase. To record sales ...

Recording payment of an invoice with quantities You can track quantities for income or expense accounts for information purposes, without affecting inventory. To record the payment of an ...

Recording a grain sale with deductions and cash advance repayment To record a grain sale with deductions and a cash advance repayment:  ...

Video: Sample Transaction - Grain Sale Keywords : AgExpert Analyst, Deposit, Income, Sample Transaction In this sample transaction, we’re ...

Video: Sample Transaction - Grain Sale with an Inventory Adjustment Keywords : AgExpert Analyst, Deposit, Income, Inventory, Sample Transaction  ...

Recording a livestock sale with marketing deductions To record a livestock sale with marketing deductions: Select Transaction Entry from the Transactions menu. The ...

Message: This change will cause the Quantity in the inventory account to be negative. The following message appears when editing, reversing or recording a transaction (even one that ...

Entering income for resale of commodities purchases When buying commodities for use and resale, the initial purchase of a commodity such as fertilizer or chemicals will record the ...

Recording a withdrawal and accounts payable payment made with one cheque You can make a new purchase and pay off an outstanding balance using the same cheque. ...

Entering accounts receivable overpayments 1. Record the original cheque you received from your customer, as in the example below. Post the overpayment portion as an asset sale (A-) ...

Entering accounts payable overpayments 1. Record the original cheque you wrote to the supplier, as in the example below. There won't be enough invoices to cover the entire ...

Video: Sample Transaction - Personal Draw Keywords : AgExpert Analyst, Withdrawal, Personal Draw, Sample Transaction In this sample transaction, we're recording a personal ...

Recording interest on an outstanding invoice To enter the interest amount as a payable or receivable charge to the supplier or customer: Select ...

Video; Sample Transaction - Personal Advance Keywords : AgExpert Analyst, Deposit, Personal Advance, Sample Transaction In this example, we’re recording a Personal ...

Recording the purchase of a new capital asset To record the purchase of a new capital asset: Select Transaction Entry from ...

Recording a personal deposit to a farm chequing account To record a personal deposit to a farm chequing account: Select Transaction Entry from ...

Recording a capital asset purchased financed by the bank To record the purchase of a capital asset financed by the bank, first record the deposit to your bank ...

Recording a capital asset purchase financed by a dealer, with a trade-in To record the purchase of a capital asset financed by a dealer, with a trade-in:  ...

Recording a loan for the purchase of a capital asset with a trade-in 1. Select Transaction Entry f rom the Transaction menu. The ...

Entering a capital asset built over time You can create a Work in Progress account for entering withdrawals allocated to an asset, such as a barn or a ...

Selling a portion of a capital asset A capital asset is defined as any long-lived tangible or intangible asset that contributes to the operation of the business throughout ...

Recording the sale of a capital asset To record the sale of a capital asset, with GST: Select Transaction Entry from the ...

Writing off a capital asset You can write off a capital asset when you have no further use for it. For example, a piece of equipment is ready ...

Error: Class 10.1 is being improperly assigned to my new capital asset purchase Problem: You’re trying to enter the purchase of a capital asset, but the program ...

Recording an operating lease vs. a capital lease You may come across both operating and capital leases during your day-to-day business. An operating lease is any ...

Video: Sample Transaction - Loan Payment Keywords : AgExpert Analyst, Withdrawal, Loan Payment, Sample Transaction  ...

Entering prepayments Create a Transaction Entry to enter prepayments for inputs such as seed, chemical and fertilizer. Post the amount as an asset purchase (A+) to Prepaid Items ...

Increasing a loan balance Loan balances can be increased during the year, particularly with operating loans or lines of credit. To record an increase (addition) to a loan ...

Recording a land purchase The following is a detailed example of a land purchase agreement with lawyer and mortgage fees. Details of ...

Recording transfers between bank accounts Transfer from chequing account to savings account To record a transfer of funds from a chequing account to ...

Video: Sample Transaction - Paying with a Credit Card Keywords : AgExpert Analyst, Withdrawal, Credit Card, Sample Transaction In this sample transaction, we're ...

Video: Sample Transaction - Payment on a Credit Card Keywords : AgExpert Analyst, Bank Transfer, Credit Card Payment, Sample Transaction In this ...

Recording a payment to a credit card account When a credit card payment is made, the transaction is recorded in AgExpert Analyst as a bank transfer from your ...

Recording a commodity sale on credit Commodity sales on credit can be entered through either the Transaction Entry or Point of Sale dialogue box. Note: If ...

Entering AgriInvest deposits and withdrawals AgriInvest is a savings account for producers, providing flexible coverage for small declines in income and supporting investments that help to mitigate risk ...

Entering a co-op equity statement All of the figures you'll use are in the Equity column Use the figures in the Equity column in the following ...

Recording a payment received for a commodity sold on credit To record a payment received for a commodity sold on credit: Select Transaction ...

Entering a United Farmers of Alberta (UFA) equity statement General information regarding a UFA Investment Share Dividend Statement: The statement for a United Farmers of Alberta ...

Entering information for Ontario’s Self Directed Risk Management (SDRM) Program Self Directed Risk Management (SDRM) is a risk management program run by AgriCorp in Ontario. It allows producers ...

Recording an intercompany transfer When two companies are related to each other, funds may be moved back and forth between them without a sale or purchase being made. ...

Recording a Canadian Canola Growers Association advance Canadian Canola Growers Association (CCGA) advances are available to producers in Alberta, British Columbia, Manitoba and Saskatchewan who grow eligible crops. ...

Recording feeder/breeder association loan transactions Feeder/breeder association loans encourage the growth of livestock operations by providing credit to producers for competitive rates and lower deposits. AgExpert Analyst assists ...

Recording the purchase of goods on credit To record the purchase of goods on credit: Select Transaction Entry from the Transactions menu. ...

Recording receivable and payable payments The Accounts Receivable/Payable Selection dialogue box has been enhanced, making it easier and faster to record your receivable and payable payments.  ...

Returning an item purchased on credit (before it was paid for) Transactions for accounts receivable and accounts payable are recorded the same as charge transactions, except that ...

Recording insurance proceeds You can use AgExpert Analyst to correctly record insurance proceeds received from a claim on a capital asset, such as a vehicle or building.  ...

Accounting for foreign currency transactions Accounting for foreign currency transactions varies from country to country. In Canada, foreign currencies should be accounted for in Canadian dollars.  ...

Entering corporate tax payments Corporate tax payments are made as a liability payment (Type D-). Post the payments to Corporate Income Tax Payable. Corporate tax ...

Entering commodity futures Commodity Futures Income transactions involving commodity futures can be recorded as a commodity sale if: you reported the futures transaction ...

Recording interest charged on overdue income tax Interest charged on overdue income tax isn’t an expense. This means that if your client hasn’t paid their income ...

Dealing with purchase contracts Purchase contracts are often used between grain farmers and grain buyers to lock in a specific tonnage to be sold or purchase price. You’ll ...

Using the Edit or Reverse Transaction dialogue box To maintain an audit trail, recorded transactions can’t be deleted. But you can edit or reverse recorded transactions through the ...

Video: Editing or Reversing a Transaction Keywords: AgExpert Analyst, Edit, Reverse, Transaction, Correction, Mistake When you need to correct a mistake you've ...

Claiming GST on a canary seed sale GST is charged on canary seed sales likely because most canary seed is eventually sold as bird feed. GST charged on ...

Hiding reversed transactions Reverse transactions can be hidden by selecting Setup>Preferences . From the General tab, look for the option to either show or hide reversed transactions.

Editing or deleting transactions Open the Edit Transactions dialogue box by selecting Edit or Reverse Transaction from the Transactions menu, or by clicking ...

Video: Point of Sale Keywords : AgExpert Analyst, Point of Sale, Transaction Use the Point of Sale to enter transactions that require ...

Error message: An unexpected error has occured - Object reference not set to an instance of an object. The following error message may appear when you attempt a ...

Entering point of sale transactions You can use the Point of Sale dialogue box to enter transactions that need an invoice or to track PST for remittance. This ...

Using the general journal You can use the general journal to make direct debit and credit entries to your general ledger accounts. To post transactions using the general ...

Video: General Journal Keywords : AgExpert Analyst, General Journal, Transaction, double-entry, debits, credits Use General Journal to make direct debit and credit entries ...

Video; Memorizing a Transaction Keywords : AgExpert Analyst, Memorize, Transaction, Repeating Transaction For transactions that are repeated, ...

Memorizing transactions By memorizing a transaction, you can save a transaction for later use and create templates for recurring transactions such as loan payments, lease payments, bank charges ...

Using the print queue To access the print queues for your cheques, invoices and statements, select Print Queue from the Transactions menu and then select one of the ...