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Get the Full Financial Picture Across a Split Farm Structure

Financial Manager gives land-owning trusts and other non-trading entities their own plan in Figured, consolidated with the farming operation for one set of group reports.

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The World’s Largest Farm Financial Management Platform

There’s a reason thousands of agri-accounting firms across New Zealand, Australia, the UK, and the USA run their farming clients through Figured. More than 35,000 farms trust the platform, and the advisers who use it every day know exactly why.

Heard This Before?
"The farm is in Figured, but we're stuck with a spreadsheet for the trust that owns the land."

Splitting land ownership from the trading operation is ordinary structure for a lot of New Zealand farms. One side holds the land and takes lease income, the other runs the farm and pays the rent. Both entities need to know their numbers, but usually only one of them is on Figured.

Whenever someone wants to check on the performance of the trust, or the group as a whole, the position has to be rebuilt by hand. What would take minutes in Figured for the farm side takes an entire afternoon for the trust.

Financial Manager changes that.

Features

The Group Financial Reporting Tool You've Been Looking For

Planning & Reporting

A Full Financial Plan, Sized to the Entity

Actuals for the non-trading entity flow in from Xero, MYOB, or QuickBooks Online, and you can plan against them in the same Planning Grid your farm files use. Forecast lease income, rates, insurance, and interest across the year, with the P&L, cashflow, and balance sheet connected in one view.

  • Snapshots track performance against the agreed annual plan.
  • The farmer, accountant, trustees, and bank share a view based on their role.
  • A dashboard on every file shows the closing cash position.
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Group Reporting

One Report Across Every Entity in the Structure

Figured Multi-Entity groups the trust and the farming operation together for consolidated reporting, at no extra cost. Inter-entity offsets clear the rent and lease income moving between them, and the group profit and loss reflects what the structure earned.

  • Consolidated profit and loss, cashflow, and variance reports.
  • Group any number of Farm Manager and Financial Manager files.
  • An existing Multi-Farm can sit inside a Multi-Entity group.
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Questions

Financial Manager — FAQ

Farm Manager is Figured’s complete farm financial management platform. It carries production trackers for dairy, livestock, and cropping, livestock valuations, AI-powered custom reporting, and the complete budgeting and forecasting toolkit.

Financial Manager covers planning, forecasting, and reporting for entities with no production to track. Therefore it has no production trackers and no valuations, because a land-owning trust has no use for them.

One multi-entity group would typically require both Farm Manager and Financial Manager to fully report on both sides of the arrangement. Figured also offers Commercial Manager, the planning and reporting platform dedicated to other genuinely commercial non-farm entities — which can also connect back to your wider group for consolidated reporting.

Financial Manager connects through Figured Multi-Entity. Each entity keeps its own Figured file and its own accounting file, and Figured groups them to report across the whole structure.

The farming entity stays on Farm Manager with production tracking and full planning. The non-trading entity sits on Financial Manager. The group then reports across both, and each file keeps its own planning and reporting underneath.

No. Multi-Entity is a reporting group with no subscription attached, so there's no charge for creating one or running reports out of it. You pay for the individual entity subscriptions inside the group.

Financial Manager files come through a Figured practice account. If you're a farmer, talk to your accountant. If you're an accountant or adviser setting one up for the first time, get in touch and we'll walk you through it.

Once the file exists, you can give the rest of the farming team access with the right permissions.

See What Else Figured Can Do

Farm Manager

Full farm financial management for the trading side of the structure, with production tracking, budgeting, and scenario planning.

Learn More
Farm Manager in Figured

Commercial Manager

Planning and reporting for the firm's commercial non-farming clients, with scenarios and full account-level detail.

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Commercial Manager in Figured

Figured Insights

Portfolio-level benchmarking and modelling for advisers who want a view across their entire client base.

Learn More
Figured Insights in Figured

If It’s One Multi-entity Business, the Numbers Should Be on One Connected Platform

Join the NZ accounting practices trimming off the last of their reporting inefficiencies by bringing their clients' full ownership structures into Figured.
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