
Closing out a Lump Sum Tract
Once you finish a lump sum job, create an adjusting entry to ensure your P/L reflects actual stumpage paid. Also keep track of your over/under cuts!
Once you finish a lump sum job, create an adjusting entry to ensure your P/L reflects actual stumpage paid. Also keep track of your over/under cuts!
Define closing periods to prevent any accounting or financial records from being changed during that period. Be confident that your financials are closed and will remained closed for past periods.
As TRACT becomes more widely used in the industry, our customers are routinely finding that their customers or vendors are also using TRACT and want to get access to the ticket data when working on the same job. This new feature allows TRACT customers to do that by sharing jobs with other TRACT customers. Once … Continued
Many mills will cull a load and you get nothing for the cull, but some mills will will still pay the cull weight, but at a reduced rate. Want to know how to handle that in TRACT? Check out the video for 2 different methods.
New Feature in TRACT! Select your job parcel on a map and we’ll fetch all the relevant information for you. Let our software do all the hard work for you. When you locate the land parcel on our map, we will fetch all of the publicly available information for you and fill in the details. … Continued
Ever wish your changes to rates would just magically update all of your existing tickets? Well now that wish is a reality. Allow us to introduce auto syncing of rates. Any change to products or contracts now will automatically update all tickets with unsettled or unreconciled transactions. Please watch the video for a demo. … Continued
The bulk edit tickets feature is a great option to edit many tickets at once. The use case is many: Change tickets to a different job Change Product Change Destination Change Logging Crew Change Trucking Company Update/Change Deliver Date Add Driver Apply/Recalculate an added or modified rate Check out the video and let us know … Continued
How do you cull? In this video we explain how TRACT handles culls and how you can change the default behavior for your business.
In our last update, we demonstrated how you can keep track of the progress of your job and compare your estimated harvest to your actual harvest, review your profit efficiency and more. This is great for analyzing a single job, but once you get more than a handful of tracts purchased and in your inventory … Continued
Cruising your job and keeping track of the harvest can be a challenge, but not with TRACT. Check in on your progress from day 1 and monitor your cut out, sorts, profits, deliveries and more. Digital real-time load tracking can help you manage many tracts and ensure you achieve your goals and optimize profit.