Payments / Payroll

The payment module provides for the processing and management of payments to suppliers, producers, haulers and third parties. The module is parameter driven which allows it to be configured to handle many of the intricate aspects of payment systems in operation in many different countries and regions. Functionality includes:

  • Calculation of transport (haulage) costs based on an extensive list of parameters, and payment to haulers. 
  • Management of milk flow and separation regimes including:
    • Grade based separation
    • Quota based separation
    • Priority based separation
    • Penalty based seperation
    • Pre-determined seperation
    • Production levels
    • Time periods
    • Date ranges
    • Compliant with US Federal order, California quota and European Union quota specifications
  • Construction of dairy company specific payment regimes through the use of user definable payment formulae. These can be used to build formulae for payments, forecasting or other purposes. Calculation of payment for farms over any defined payment period length and formula applied to any combination of farms.
  • Calculation of retrospective (step-up) payments over any defined period, through the use of user defined payment formulae
  • Calculation of levies (or any other state imposed charges)
  • Management of the split of payment between multiple parties associated with a farm
  • Management of loans to farmers
  • Management of deductions (rural stores payments, hire arrangements etc) for farmers/members
  • Deposit of funds into selected farmer/member accounts via direct credit deposit, or via integration with a selected finance system
  • Extensive production and financial reporting
  • Compliant with a wide range of taxation regimes