No. Figured sits on top of your existing workflow, integrating with Xero, QuickBooks Online, or MYOB. It doesn’t replace anything.

It’s all about enhancing the data you have to work with, and making it more agri-specific. Actuals flow in from your accounting software, and Figured adds the agricultural layer: production tracking, financial categorisation, and the planning and reporting side.

Your practice keeps the accounting software it’s used to, your clients match what you’re doing on their end, and Figured ties it all together.

Figured can be set up any time of year.

When a new client comes on board, you’ll need to enter the opening values for their position as at the date you’re starting, and once that’s done and all the integrations are set up, Figured tracks movements and cashflow from there.

Our team is here to support you through each step of the onboarding process, whether you’re signing up to Figured for the first time or need help as a veteran. You can contact our Customer Success team whenever you have questions, and our Help Centre is packed with useful articles on integrations, setup steps, and product information.

Visit the Help Centre.

The core EOFY outputs from Figured are the financial reports: P&L, balance sheet, and cashflow, drawn directly from the live data that you and your clients have maintained throughout the year.

Alongside those, Figured produces the production and inventory reconciliations relevant to a client’s farm type, including inventory valuations and reconciliation summaries for cropping clients with unsold grain or inputs on hand, and trading statements and stock reconciliations for livestock clients. Each ties back to their accounting software, so the numbers in Figured and the numbers in Xero, QuickBooks Online, or MYOB directly reflect one another.

Additionally, closing values and journal entries post back to the accounting software from Figured. And for accountants using Reporting Studio, all of these outputs can be produced in a highly visual, branded format — ready to go directly to the client or to a third party.

Figured keeps your clients’ stock position current all season, so EOFY valuation isn’t a reconstruction exercise.

AgriWebb-fed movements — births, deaths, sales, purchases, ageing, transfers — flow into the Livestock Tracker as they happen, ensuring that quantities and classes are reconciled continuously. Your practice applies whichever valuation approach it uses for each client, working from live, accurate numbers, cutting the EOFY data scramble to find out what happened over the past 12 months.

Figured maintains an audit log that records all major changes made in a farm file, including what changed, and when. For accountants who need to demonstrate that figures were correct at a specific point in time, Figured’s snapshots feature also creates a read-only copy of the farm’s financial plan to be taken at any point during the year. Snapshots can’t be edited after the fact, so they provide a reliable point-in-time record of the plan as it stood.

Once EOFY compliance is complete, a lock date prevents any changes to Figured actuals prior to that date — the same mechanism used in Xero. After that point, the historical record is protected from retrospective amendment.

It’s worth noting that the primary transaction record sits in the accounting software — Xero, QuickBooks Online, or MYOB — which carries its own audit trail. Figured holds the farm-level management data, the production reconciliations, and the compliance outputs that feed into the tax return. Both layers of documentation are accessible and reproducible if an ATO query arises.

Absolutely. Figured is the platform for all of your agri services, and many practices find the advisory work follows naturally once the compliance foundation is right within Figured.

Effective, scalable agri advisory that can be provided timely enough to matter needs current, year-round data and a structured platform, which Figured provides. When both are in place, running a mid-year reforecast or walking a client through a scenario comparison is a straightforward next step. The financial picture that underpins the tax return is the same one you use for a planning or succession conversation.

Most practices run a mix of clients. Figured Farm Reporter covers the clients where compliance and reporting is the whole job. Farm Manager then adds budgeting, cashflow forecasting, and variance reporting for those clients where you want to add more value as their accountant.

See Figured Products.