Myco Livestock Management System
The MYCO System's software is specifically designed for the unique business
operations of a Livestock agency.
The software is one of the few, if not the only, Microsoft Windows system
which has an integrated accounting system specifically designed for the complex
financial transactions required in stock trading. The processing of a sale,
accounting functions and client database are all part of the one application.
The most important advantage of MYCO's system above anything else on the
market is its accounting system. Its single client database recognises an
agent's clients can be both debtor and creditor on your books. You no longer
have to maintain two client databases, often for the same people, causing
inaccuracy and updating problems, not to mention awkward information management.
You can also design your client base in groups of Agents, Butchers, Livestock
Carriers, Rebate Agents, Vendors, Finance Clients etc.
In summary
- MYCO caters for 121+ stock and station agents in Australia and NZ
- We look after the livestock sales as well as Clearing Sales, private sales and stud sales
- Sale processing is totally integrated with a powerful, full featured
custom built accounting system specifically designed for agency businesses
- We can integrate our modules to your accounting system
- The system is very flexible, catering for all kinds of sales
- There is a flexible range of charges that you can also customize
- You can receive sale information electronically from the saleyard
- You can verify sale details before processing
- Automatically faxes or emails invoices
- Mistake tolerant - you can go back and make changes or reprint
- Hundreds of ready built reports and powerful query and filter functions
allow you to build your own.
- Can send SMS to all you clients and staff - from the system's database.
- 24 hour 7 days a week Help Desk to support you
Accounting Functionality
The MYCO System contains a fully functioned accounting system. Specialised for
the agency business. It allows...
- Single Journal Entry, Multiple Journal Entry and Journal Enquiry
- Banking and printing of Bank Deposit Slip
- Cheque Drawing. Manual or Automatic (with a range of formats available)
- Sundry Invoicing, good for private sales, and agistment
- Bank Reconciliation
- End of Month Processing
- Client Maintenance + Enquiry Screens
- Automatic Interest Calculations
- Electronic Diary for maintaining client correspondence
- Budgets
- Online credit information detailing average payment days for debtors
- Profit/Loss and Balance Sheet + Financial Report Writer
- Customised Cheque Formats
- Full General Ledger with Period Reporting and End of Period Processing
Accounting Reports include
- Journal Audits
- System Activity Audit
- Client History Reports
- Client Statements, Client Ageing Report
- Outstanding Transaction Report
- General Ledger History Reports
- etc
Click here
to view a sample of the reports available.
Livestock Functionality.
The MYCO Livestock System will process all types of sales including livestock
sales, clearing sales, and includes a specialised menu just for stud sales.
Here is a summary of its functions.
- Livestock Sale Data Entry
- Tail Tag Database
- Check Digit Calculations for Tail Tags in NSW, VIC, SA, WA, and QLD.
(It is very hard to enter an incorrect tag.)
- Individual Summaries
- Sale Reversal (if sale entered incorrectly)
- Account Sales and Credit Notes
- Invoices with remittance advices
- Overall Sale Summary
- Livestock Call Off list to check sales
- Automatic cheque generation
- Automatic funds distribution of cheques (ie. 50% to son, and 50% to daughter)
- All sales are stored in the Livestock Archives for recall, reprinting,
reversal or statistics
Livestock Statistics will show, number of head, total weight, average weight,
total value, total weighed value, average value per head (un-weighed), average value
per head (weighed), overall value per head, average cents per kilo. All of this
information is stored per month and year to date! Now for the big news. You can
extract this information per.
- Vendor
- Buyer
- Type of Stock
- Branch (if running a branch environment)
- Interbranch (stock influenced from other centres compared to stock
sold through a particular centre)
- Type of Sale
- Sales Person (if you allocate a sale person to each vendor)
- Detail Turnover Reports
- Summary Turnover Reports
- Stock Group (high level grouping, ie cattle, sheep, pigs, horses,
other, etc.)
The MYCO system has been designed to give you unprecedented control and management
of your business information. It is a powerful management tool.
It also will assist operation managers and processing staff.
The people who use the system everyday will find MYCO easy to use and built to make
input and operations faster, and more accurate. It will give you the ability to
report up-to-date statistics to management on any key business areas.
See it for yourself!
We can organize for you to view Myco's software working in a livestock agency because our
clients are happy to show you and share their knowledge. Then you won't talk to sales people,
but other agents and office staff who use the software everyday.
Or you can talk to our Client Services team, who every day help our clients when they need
support. Our Client Services team know the software backwards and can organize an on-line
demonstration in your own office where you can view the software and ask specific questions
about it's ability to handle your needs.

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