Farm & Ranch blends seamlessly into the rich functionality of the PDS Trust Real Estate Management System (TRMS), adding the necessary tools for farm and ranch management.

Farm & Ranch provides you with the ability to define an agricultural enterprise, establishing it as the focal point for gathering all information about a specific agricultural activity, such as the 1994 wheat crop, 1993 corn crop, etc. An enterprise is usually a subdivision of a TRMS property, which may contain one or more agricultural enterprises.

The enterprise remains active for the life of the activity, from buying seed and fertilizer through harvesting and eventual sale of the crop. This allows all revenues and expenses associated with the enterprise to be captured for reporting purposes. All revenues and expenses booked to the enterprise are automatically split among all owning trust accounts.

ASSET MANAGEMENT

• Allows for enterprise identification, description, and location.
• Links enterprise back to a particular property and identifies tenant.
• Life span of the enterprise can be tracked with beginning, ending, and closing dates (marking the termination of the enterprise).
• Cash leases and crop shares can be tracked.
• Detailed comments on the enterprise may be maintained.
• Allows you to track inventories including the total amount, date of last transaction, current inventory balance on hand.
• An optional flag indicates that all or a portion of the inventory at that location is currently being used as the basis for an open contract.
• The Options/Futures/Contracts function displays contract type, market or buyer of contract, associated inventory location code, due date, price and volume.
• The system also displays transaction detail such as type, identifying information, date, amount, and inventory balance on hand after a transaction has been applied.
• Inventory transaction histories are automatically updated as inventory transactions are entered.
• Crop inquiry program allows farm managers to display the inventory for one or more crops by state, county, management office, trust, or any combination of these.