Accounting software for farms and livestock businessesFarm costs recorded,harvests tied to sales.
Crops grow and livestock gain value before they are sold. Numeriya records them as biological assets under PSAK 241 (formerly PSAK 69), along with harvests and upkeep costs.
No credit card · Invite your accountant
Upkeep costs this quarter
Beef cattle pen
- Feed
- Rp12,400,000
- Medicine and vitamins
- Rp5,600,000
- Daily wages
- Rp3,000,000
Document: Feed store receipts
Document: Receipts
Common problems
- 01
Livestock and crops left off the books
Without biological asset records, the balance sheet understates what the business owns.
- 02
Feed and fertiliser costs scattered
Upkeep is paid in cash in many places and is hard to total up.
- 03
Harvests not linked to sales
Harvests go in a notebook and sales somewhere else.
A day with Numeriya
- 1
Start of month
Record new livestock or crops as biological assets.
- 2
Every week
Photograph receipts for feed, fertiliser and medicine.
- 3
At harvest
Record the harvest. It moves from biological assets into saleable inventory.
- 4
Quarter end
Record the latest fair value measurement. The change goes to profit and loss.
Features you will use most
Biological assets
Record crops and livestock at fair value less costs to sell, under PSAK 241.
Fair value remeasurement
Update biological asset values regularly; the difference goes to profit and loss.
Harvest to inventory
Move harvested produce from biological assets into inventory.
Upkeep costs
Feed, fertiliser and labour recorded as expenses from receipt photos or chat.
Worked example
| Item | Amount |
|---|---|
| Fair value less costs to sell, start of quarter | Rp180,000,000 |
| Fair value less costs to sell, end of quarter | Rp205,000,000 |
| Gain from fair value change (profit and loss) | Rp25,000,000 |
| Feed and care costs (expense) | Rp21,000,000 |
The figures above are an illustration.
Frequently asked questions
What is PSAK 241?
PSAK 241 (formerly PSAK 69) is the agriculture standard under the new PSAK numbering that IAI introduced from 1 January 2024. It covers how to record biological assets such as crops and livestock.
Does a small farm have to apply PSAK 241?
It depends on the accounting framework you use. Businesses on SAK EMKM record assets at historical cost. Your accountant can help you choose the right framework.
Try it on your own business
Free for 14 days, no credit card. From Rp150,000 a month after that.
Start 14-day free trialNo credit card · Invite your accountant