User Guide – Income Statement

Path: Reports → Finance → Income Statement

This dashboard automatically integrates financial information generated by the different IdeasFarm modules. Its purpose is to show the farm’s real profitability, expressed in absolute values, per hectare ($/ha), and per liter of milk ($/lt).

1) Profitability Summary

Concept	Description
Profit/Loss	Difference between total income and total costs during the period.
$ /ha	How much each hectare generates or loses.
$ /lt	Unit profitability per liter of milk produced.

👉 Use: Allows the producer to know if the business is profitable and where money leaks occur.

2) Income

Income is consolidated from different sources:

Milk sales: total liters sold × average price per liter.
Livestock sales: income from selling animals (culls, calves, bulls).

👉 Application: measure the farm’s dependence on milk, meat, or additional income.

3) Costs

Costs are grouped by main categories, fed from operational records:

Category	Details	How it connects
Feeding	Includes pasture costs (fertilization, sowing, irrigation, mechanization, soil analysis, maintenance) and supplements (balanced feed, salts, forage).	Automatically updated when recording inputs, purchases, and allocations in Supplies, Feeding, or Pasture Module.
Reproduction and Health	Costs of medications, vaccines, treatments, deworming, palpations, and reproductive protocols.	Each record in the Health and Reproduction modules feeds this category.
Milk Quality	Laboratory analysis, group mastitis tests, reagents, tank control.
Administrative	Indirect costs: salaries, utilities, tool maintenance, and other general expenses.
Livestock Purchase (if applicable)	When animal acquisitions are recorded in the Livestock Inventory module.

👉 Use: allows breaking down costs and evaluating where the largest expenses are concentrated.

4) Detailed Breakdown

Clicking on a category (e.g., Feeding) opens the breakdown:

By item: fertilization, irrigation, supplements, etc.
By pasture: identifies which pasture was invested in and how much.
By input: shows inventory, units, and value of the consumed product.

👉 Application: identify the most costly pastures, measure input efficiency, and plan budgets.

5) Key Indicators

$/ha: cost or income per effective hectare → compares farms of different sizes.
$/lt: cost or income per liter of milk → measures production efficiency.
Comparison with income: if feeding cost $/lt is higher than milk selling price, the farm loses profitability.

📘 Quick Glossary

Term	Definition
Profitability	Net gain after subtracting costs.
Gross income	Total income without deducting costs.
Total cost	Consolidated expense of feeding, health, reproduction, administration, etc.
$/ha	Indicator of land efficiency.
$/lt	Indicator of production efficiency in milk.

🚀 How to use this dashboard in practice

Check overall profitability: verify if your business is positive or in loss.
Analyze income: confirm if the farm relies too much on milk or if there is balance with livestock sales.
Control feeding costs: identify if pastures and supplements are proportional to milk income.
Monitor reproduction and health: high costs here may indicate chronic health problems.
Project scenarios: reduce costs in inefficient pastures or adjust supplementation to improve $/lt.