Farm Accounting

Farm business accounting presents the opportunity to measure the effectiveness of your efforts, assist you in determining which ventures are most profitable for your business, and help you accurately track and anticipate expenses.

Click on the resources linked for full information on farm accounting and accounting resources. Not seeing what you are looking for? Contact your local Small Farms Extension Agent for assistance.

Resources:

Basic Accounting for Beginning Farmers – published by the National Center for Appropriate Technology (NCAT). The purpose of this publication is to make basic accounting approachable for people with little or no accounting experience and encourage new farmers to develop good record keeping habits at the outset.

Preparing Agricultural Financial Documents – by Agwest Farm Credit, An overview of financial statements and how they can help your business succeed.

AgWest Farm Credit Resources

Check out AgWest’s financial resources on preparing financial statements including:

• Balance Sheet Basics
• Cash Flow Budget Basics
• Income Statement Basics
• Preparing Agricultural Financial Statements