Before you begin using the Farm Business Snapshot tool you will need the following pieces of information:

- Land size of your farm in Ha

- Final milk statement

- Profit & Loss statement (formatted using Standard Chart Of Accounts) and using management account values.

- Stocktake/ledger for feed and water inventory changes (at average market rate with consistent value for opening and closing stock)

- Livestock register with opening and closing stock divided into classes (market value not book value)

- Depreciation schedule or asset register with opening and closing values for plant and equipment

- Record of unpaid labour hours $ value of labour at market rate

- Balance sheet, finance costs, capital purchases, principal payments and drawings. These should be on your Profit and Loss. Check drawings, some may be listed under other business costs. If significant they need to be recorded as drawings not as a business cost.