Bushel Balance Formula

Use the following formula to bushel balance:

1. Start with last month’s company owned (paid & unpaid)

2. Subtract last month’s unpaid purchases (payable accrual)

3. Add purchases from general ledger for the current month

4. Add this month’s unpaid purchases (payable accrual)

5. Add last month’s unpaid sales (receivable accrual)

6. Subtract sales from general ledger for the current month

7. Subtract this month’s unpaid sales (receivable accrual)

8. If you take a shrink or make an adjustment (automatic or manual) you will need to account for these bushels as well.

9. If you do stock manufacturing or sell formula items that use type 6 inventory items as a component you will need to subtract these bushels as well.

This should equal this month’s company owned (paid & unpaid)

If trying to balance by location you will need to add any transfers made to the location & subtract any transfers made from the location.

Open