Fixed Costs

Fixed Costs

How-To

Fixed Costs are the whole-operation expenses that aren't tied to any single crop (wages, land rent, insurance, loan payments, and so on), spread across your Crop Plan to calculate true per-crop profitability.

  1. Go to Budgets and click into Fixed Costs.

    Budgets page with the Fixed Costs card highlighted

  2. Pick the crop year at the top.

  3. Enter dollar amounts for each category: Owner Wages, Employee Wages, Custom Work, Loans (Principal), Loans (Interest), Land Rent, Land & Property Taxes, Repairs & Maintenance, Fuel & Oils, Insurance, Utilities, Professional Fees, Income Taxes, Depreciation, and Miscellaneous. Each has an optional Notes field too.

    Fixed Costs form with Owner Wages and Loans filled in

  4. A $/acre figure calculates automatically per row based on your total Crop Plan acres for the year, with a Total at the bottom.

  5. If last year had Fixed Costs entered and this year doesn't yet, use Auto-Fill from Last Year to start from those numbers instead of entering everything from scratch.

  6. Save.

    Fixed Costs page after saving, showing the calculated $/ac figures

Enter your Crop Plan acres first. Fixed Costs are divided across your total Crop Plan acreage for the year to get a per-acre figure. If you haven't entered any Crop Plan acres yet, those per-acre numbers won't be meaningful.

FAQ

Where does Crop/Hail Insurance go? I don't see it here. Crop and Hail Insurance belongs on the Crop Plan, not Fixed Costs. The Insurance field here is for Building, Equipment, and Vehicle insurance only.

My $/acre numbers look wrong or zero. Check your Crop Plan acres for the year first. Fixed Costs are spread across your total Crop Plan acreage, so missing or zero acres there will throw off every Fixed Cost per-acre calculation.

Why can't I edit Fixed Costs? You need the Manage Fixed Costs permission; viewing this page only requires View Budgets.

Does each crop get its own Fixed Costs? No, Fixed Costs are calculated once as a blended per-acre figure across your whole operation, then applied to each crop based on its own acreage in Profitability calculations.

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