Remaining amount: farm glossary
Remaining amount is the part of a transaction total still open after its recorded payments. It is found by comparing the total with the amount already settled. The figure changes as payments are added. For a sale it shows the money still to collect; for a purchase it shows the amount still to pay.
A farm example
A partial payment reduces the remaining amount for the related sale. A later collection reduces it again, while the original sale total continues to describe the full agreed price.
Everyday use
In HerdMobile, payment dates and amounts help follow this balance. Opening the sale and its collections together shows which payments explain the current amount outstanding.
How HerdMobile helps
Bring your animals, feed stocks and farm accounts together on your Android phone. HerdMobile keeps your daily work moving offline: record events, compare feed quantities and follow sales and payments in one place. Use your own feeds and herd information to prepare a ration, then keep a backup file under your control.
