THE REALITIES ABOUT POULTRY The Modern Farm - The Realities About Poultry_Seco | Page 153

Feeds Records Feed used: Daily records need to be taken on the quantity of feed fed to birds. Feed Type Kgs Used Cost (UGX) Chick Starter Grower Broiler Feed Layers' Mash Other TOTAL Financial Records Financial records must be kept of any items bought (purchases) and sold (sales), e.g. feed, veterinary costs, equipment, supplies, birds, etc. These can be kept using an ordinary exercise book. On one page, write down all the income from eggs sold or live birds sold. If it is eggs being sold daily, make an entry every day for the quantity (number of eggs or trays) sold and cash received. On another page, write down all the costs of production. Such costs include: feed, vaccines, litter, labour costs, and transportation costs, etc. Once correct entries for all the activities have been made, get the total of all the sales made, and all the expenses incurred. Then subtract the expenses from the sales to know the profitability. Below is a sample template of the financial summary relating to a poultry project Page 152 of 163