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Users will also want to include on their egg sizes the Grade Type and whether the egg size type is considered a Grade A, large and above grouping.  Egg Grade Types can be specified as "Graded", "Undergrade", "Loss" or "Not Graded". These are system-level types and cannot be edited.  These choices will be reflected in reports and how the reports groups group different sizes.

Revenue Codes

System --> Expense Codes --> Revenue Codes

Revenue codes can be set up here which include grade-out credits and deductions.  If a revenue code is a deduction, you can specify that it is a deduction and which egg size types should be excluded from the calculations.  Entering any egg sizes into this list will omit totals of this egg size from deduction calculations performed by the egg grade batch.

Revenue types can be added/modified in system settings --> system types

Valuation Configuration

The configuration form will allow us to create prices for many effective dates, and set up deductions and credits for those dates as well.  For each Egg Type and division set the prices by Egg Size. 

The price unit of measure is determined by the setting on the egg grader configuration in egg processing equipment.  Set   

Effective dates and the Allocation Method will also need to be used (More information on these are below).  set

You can also set effective dates if your egg prices change each week.  The valuation will use the appropriate effective dates based on the grade-out batch.

When there are only slight changes between two effective dates, it is recommended to copy an effective date, when creating a new one. The copy function will create a newly defined effective date with the selected dates values. Any changes can be made while leaving the remaining configurations untouched!

Valuation Process

Egg Grage-Out Batch

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For this allocation method, the batch will be distributed by the hen days for each flock included in the grade-out batch.  Their percentage of the total hen days will be used to determine how much of each egg they receive. An expense record is create for each one, with the total amount equaling their share of that egg size * price per dozen.

Deductions and Credits

Once the flock's percentage of the total eggs graded is determined, deductions and credits are calculated. These calculations are performed using the price per case from the configuration, with any specified egg sizes being excluded.

Valuation

When you open up your grade-out batch, there is a tab on the top of the form for valuation, valuation will list what the pricing configuration, effective date, and the allocation type in the header.  If you are ready to price you will select the price button.

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