We are committed to providing you with the most transparent and detailed billing in the industry. Our new Invoice format: Invoice (Component) is now live, offering a deep dive into your feed consumption and costs.
Here is everything you need to know to read and use this report effectively in under 3 minutes.
1. The Header: At-a-Glance Lot Performance
The top section summarizes your Lot’s status for the billing period (e.g., 01/01/2026 - 01/31/2026).
- Purchased Date & Pay WGT: Tracks the origin and initial weight of the animals.
- Days On Feed: Shows exactly how long the lot has been in our care.
- Live/Head Count: Provides a real-time audit of Head In, Dead, Sold, and the current headcount.
2. The Data Grid: Component-Level Data
This is the heart of the new format. Unlike summary invoices, this report breaks down every single feed ingredient (Distillers, Syrup, Corn, etc.).
- Period Columns: Show the exact pounds and dollar amount consumed only within this billing cycle.
- To Date Columns: Show the cumulative consumption and cost since the lot arrived.
- Finance Charges & Yardage: These are now listed clearly as separate line items, ensuring you aren't guessing where "Other" charges come from.
3. Grain Bank & Deductions
If you use a Grain Bank, the new report provides a dedicated section to show how your credits are applied:
- As Fed vs. DM: We show exactly how many pounds of component bank were used on both an "As Fed" and "Dry Matter" basis.
- Cost Deductions: Clearly labeled as "at our cost" or "at your cost," showing the exact offset applied to your total bill.
4. Simplified Footers & Tax Compliance
We’ve improved the wording in the final section to make your payment process seamless:
- Sales Tax & BN: If applicable, sales tax is calculated transparently, with our Business Number (BN) listed right next to it for your tax records.
- Early Payment Incentives:
- Discount if paid by [Date]: Prominently shows the deadline and exact savings you can earn.
- Total after discount: The final, reduced amount you need to pay if you choose to take advantage of the early payment option.
5. Quick Pro-Tips for Using the Report
- Digital Access: This report is optimized for the Telerik Report Viewer, meaning you can export it to PDF or Excel with a single click for your own record-keeping.
6. How to launch
- Go to Menu Reports => Receivables => Invoice (Component)
Not using FLS Cloud yet? Feedlot Solutions is pioneering the use of artificial intelligence in beef production. If you want software that does more than just hold data, you need FLS Cloud.
Click here to schedule a demo.
Keywords: AI in agriculture, feedlot data analysis, cattle management software, precision livestock farming, FLS Cloud features, feed efficiency analysis.
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