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Understanding      The Bi-Monthly Bill Understanding      The Bi-Monthly Bill

Understanding The Bi-Monthly Bill - PowerPoint Presentation

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Uploaded On 2020-08-28

Understanding The Bi-Monthly Bill - PPT Presentation

amp Statement Presented by Faye French Billing Period Lot A LOOK AT THE BILL 1 2 3 4 Bill Sections Customer Name 0001 Customer Name 1 BASIC LOT INFORMATION 2 Costs amp Averages for the period ID: 809770

bill billing customer period billing bill period customer statement amount column amp cycle costs inventory feed owner pre questions

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Presentation Transcript

Slide1

Understanding The Bi-Monthly Bill & Statement

Presented by Faye French

Slide2

Billing Period

Lot #

A LOOK AT THE BILL

1

2

3

4

Bill Sections

Customer Name

0001

Customer Name

Slide3

1) BASIC LOT INFORMATION

Slide4

2) Costs & Averages – for the period

“Basis is head days IN PERIOD

or headcount.”

Slide5

2) Costs & Averages – YTD

“Basis again is head days IN PERIOD

or headcount.”

Slide6

3) COMMODITY CREDIT

An owner may pre-pay or deliver a commodity to build his own inventory of feed to help stabilize feeding costs. The customer receives a credit on their bill

for their personal inventory.

Benefits: Risk is minimized by pre-paying

Personal inventory can be used

Slide7

4) OWNER INFORMATION

Interest charge is financing of cattle and/or feed.

CUSTOMER NAME

Slide8

OWNERS AMOUNT TO PAY

MINUS

EQUALS

PLUS

MINUS

EQUALS

CUSTOMER NAME

Slide9

STATEMENT

1

2

A statement accompanies

the invoice/s at the end

of each billing cycle.

The statement totals the invoices for a single payable

amount.

The remaining balance for

commodity’s for the billing period.

CUSTOMER NAMEAddress

0002

0001

0003

Slide10

The charges column

shows your current charges due for the month and should

match the amounts on the

attached invoices.

Credits applied during the

billing cycle will show in the

credits column. The total should

match payments you sent usduring the billing cycle.

The balance column showsthe total amount you owe forcurrent billing period and

previous periods.

Slide11

Thank you for spending time with us today!If you have questions regarding your monthly bill,you may contact Carol at 712.625.2311.

If you have questions regarding the bill that werenot answered during this presentation, please send us a message at faye.french@gregoryfeedlots.com