Trade types – Express Plus & Advanced

The contents of this page are relevant to Gatekeeper Express Plus and Advanced customers. 

Gatekeeper Express customers, see this version of this page

A trade type allows you to categorise incomes or expenditures that you wish to add to the trading module. There are four default options, and two customisable options.

The four default options available are stock purchase, stock sale, credit (purchase), and credit (sale).

The two further options are miscellaneous payment, for recording other field expenditures, and miscellaneous receipt, for recording other field incomes. You can further define these incomes or expenditures by adding a trade type.

A Miscellaneous Payment trade allows you to allocate a cost to field records. For example, you may wish to record the cost of a drainage operation in certain fields. In this example, you would add a trade type under ‘Miscellaneous Payment’ called ‘Drainage costs’ and then create a trade with the total value and correct fields associated.

A Miscellaneous Receipt trade allows you to attribute an income to field records. For example, you may wish to record income from an environmental or stewardship scheme. In this example, you would add a trade type under ‘Miscellaneous Receipt’ called ‘Stewardship income’ and then create a trade with the total value and correct fields associated.

To add a trade type

From the setup module:

1. Select Trade Types
2. Select + New Trade Type
3. Enter a trade type name
4. Select whether the trade type is a payment or receipt
5. Select the tick to confirm

For further information on adding trades, see Adding trades (Gatekeeper Express Plus) or Adding trades (Gatekeeper Advanced).