/Producer Payroll/Patron Payroll - payment and management of milk purchased from producers
Data Specialists, Inc.'s Producer Payroll/Patron Payroll application is a comprehensive system for the payment and management of milk purchased from producers.
Maximum flexibility and ease of use make this application extremely versatile. This application provides for shrinkage tracking, producer history information including milk component analysis, and multiple payment methods with versatile premiums.
Producer Payroll uses farm pick-up data to prepare and print producer payroll checks. This system provides the flexibility to incorporate several different hauling deduction methods, credit agency assignments, any necessary payroll deductions, payment pricing methods, volume incentives, quality incentives, base plans, and protein incentives. Producer Payroll can also prepare payments/checks for vendors, banks, and haulers as defined by the user.
Features Include:
- Forward Contracting
- Window
- Future
- Minimum Price
- Secure website access for producer history and test retrieval by producer and field representatives
- Lab Collection data electronically matched to appropriate load record
- Lab results can be keyed manually or electronically
- Load variance reports for volume or component analysis
- Load balance and farm production reports
- Pooling reports by: federal order, plant, division, grade, non-pooled, in-transit
- Inquiry of producer information by month, calendar year-to-date, fiscal year-to-date, and life-to-date
- Pricing by fat and differential, component, cheese yield, and California pricing
- Equipment Loan processing and tracking
- Multiple payment frequencies provide for daily, weekly, semi-monthly, and monthly
- Quality and volume premium tables by payment method
- Hot load and dump milk processing
- Ability to maintain market associations per producer or by division
- Distribution for up to 99 partners on a percent, fixed dollar, or fixed pounds
- Global assignments, deductions, and compensation feature to minimize producer setup
- Ability to assign service fees to deductions
- Unlimited assignment and contract deductions
- Hauling rate ranges for pounds by grade, route, or zone
- Generates checks for producers, vendors, and haulers
- Direct Deposit for producer, hauler, and vendor
- Extensive pay period and monthly reporting
- Shrinkage reporting by hauler and date
- Milk Market Reporting
- Federal and State Order reporting (electronic)
- Electronic transfer of funds
- Complete check reconciliation