Fisheries & Aquaculture Accounting
Fisheries and aquaculture businesses manage biological assets in the form of fish or shrimp requiring significant feed costs and mortality risk. The aquaculture cycle from seed to harvest requires accurate cost recording to calculate COGS per kilogram. Arunika Consulting helps aquaculture practitioners implement simple accounting according to SAK EMKM.
Important Note
This industry needs careful tax compliance monitoring. Make sure all obligations are fulfilled on time.
Common Challenges
Fish/Shrimp Biological Assets
Fish and shrimp grow and increase in value, but SAK EMKM allows historical cost valuation.
Mortality and Loss
Fish deaths need to be recorded as losses and reduce biological asset population.
Dominant Feed Costs
Feed is the largest cost component (60-70%) that must be tracked per pond/farm.
Population Estimation
Calculating live fish count before harvest is difficult, requiring sampling and estimation.
Our Solutions
Pond/Farm Card
Cost recording per pond: seed, feed, medicine, labor, and water costs for COGS per location.
- Accurate COGS per kg
- Profitable ponds identified
- Measurable feed efficiency
Mortality Recording
Tracking fish deaths with cause estimation for loss calculation and management improvement.
- Losses recorded
- Cause analysis
- Mortality prevention
FCR (Feed Conversion Ratio) Analysis
Calculation of feed ratio to fish growth for feed efficiency evaluation.
- Feed efficiency
- Costs controlled
- Feed type decisions
Related Tax Regulations
SAK EMKM
SME Accounting Standards
Simplified reporting framework for SME-scale fishery businesses.
PSAK 69
Agriculture
Standard for fish biological assets and harvest valuation, relevant for reference.
PSAK 14
Inventory
Recording of harvest results as inventory and COGS determination.
Need Help with Fisheries & Aquaculture Accounting?
Consult your bookkeeping and tax needs with our professional team. Free initial consultation.
Free Consultation via WhatsAppFisheries & Aquaculture Accounting Consulting Services Across Indonesia
We support clients in major Indonesian cities. Find a location-specific service page for your area.
Bali
Banten
Daerah Istimewa Yogyakarta
Jawa Tengah
Jawa Timur
Kalimantan Barat
Kalimantan Selatan
Kalimantan Timur
Kepulauan Riau
Riau
Sulawesi Selatan
Sulawesi Tengah
Sulawesi Tenggara
Sulawesi Utara
Sumatera Utara
Sumatra Selatan
Frequently Asked Questions
How to record fish still being cultivated?
Fish not yet harvested are recorded as biological assets with accumulated cost value (seed + feed + other costs). When harvested, moved to inventory.
How to calculate COGS per kilogram of fish?
Total costs per pond (seed, feed, medicine, labor, water costs) divided by total kilograms of harvest yield COGS per kg.
Is fish death recorded as loss?
Yes. Mortality reduces biological asset value and is recognized as loss expense in the period of occurrence.
How do accounting services improve operating cost efficiency?
Accurate, timely financial reports help you spot cost leakage, monitor margins by product or service, and make data-based decisions.
Can financial reports be accessed in real time?
Yes. We use cloud accounting systems so you can monitor cash flow, profit and loss, and business performance from anywhere.
How do you ensure reports are ready for external audits or banks?
Reports are prepared by qualified accounting professionals with clear documentation and traceable transaction data.
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