Farmers' buying group and Norfolk Farm Vets will offer a new discount on monthly accounts.The novel accounting solution should help both parites and achieve speedier settlement of bills.

Farmers' buying group and Norfolk Farm Vets will offer a new discount on monthly accounts.

The novel accounting solution should help both parites and achieve speedier settlement of bills.

"With more than 650 livestock members, Anglia Farmers is keen to give a financial edge wherever possible," said the group's livestock manager, Simon Leach.

"Veterinary costs are as much a part of the overall costs we already help with such as feed, equipment and fencing. In terms of dairy, they account for around 0.8p a litre of milk, accumulating to an average of around �1,200 a month for a typical East Anglian dairy of 150 head.

"Our discount agreement with Norfolk Farm Vets is a very positive step in aiding our members to save even more money through Anglia Farmers."

Molly McKay, of Norfolk Farm Vets, which has clients throughout the eastern region, including Lincoln-shire, said: "Anyone involved with livestock knows how time-consuming all the paperwork can be.

"Each month Anglia Farmers collates all the supplier invoices, sends them on to members as part of their monthly statement with a single covering invoice which is so much easier than receiving them piecemeal.

"And it streamlines administration and cashflow for us as well."

The new arrangement starts from the end of this month.