Farm Management Software Blog

Farm Industry News Identifies Ag Accounting Trend

Posted by Norman Brown on Wed, Apr 26, 2017 @ 11:35 AM

"If you’re struggling with a main street accounting program today, it might be time to reach out to a higher-level, farm-focused program for your business."  So says Editor Willie Vogt in the April 2017 Farm Industry News cover story, "Raising Your Accounting Game."

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Tags: accrual accounting, ag software, farm management accounting, Quick Books, integrated production and financial software, farm accounting, farm financial reporting

Accounting Method B: "Farmer's Shortcut"

Posted by Norman Brown on Fri, Jan 30, 2015 @ 03:43 PM


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Tags: accrual accounting, cash or accrual, agricultural inventories, ag software, farm accounting, enterprise analysis, integrated production and financial software, growth path accounting, cost analysis

Farm Accounting Method ABC: "Mountaintop Managerial Experience"

Posted by Norman Brown on Mon, Jan 05, 2015 @ 01:34 PM

In prior installments in this series, we covered the two key questions in the Growth Path Accounting Decision Tree.  This month we continue tracing the accounting results from these decisions.

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Tags: cost accounting, Farm Financial Standards, accrual accounting, agricultural managerial accounting, agricultural inventories, ag software, farm accounting, enterprise analysis, integrated production and financial software, integrated farm software, cost analysis

Growth Path Farm Accounting Method A

Posted by Norman Brown on Thu, Nov 06, 2014 @ 03:00 PM

In prior installments in this series, we covered the two key questions in the Growth Path Accounting Decision Tree.  This month we continue tracing the accounting results from these decisions.

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Tags: managerial accounting, farm management accounting, farm accountant, accrual accounting, farm financial reporting, cash or accrual, farm inventories, agricultural inventories, ag software, agricultural software, farm accounting, cost analysis

Prescription Farming for Your Financial Records II

Posted by Norman Brown on Tue, Feb 25, 2014 @ 10:42 AM

 

Last month we reprised a series that was first published over 20 years ago documenting a proven process used by a generation of FBS users. While technology has advanced in quantum leaps, the growing complexity of farming operations requires the same core decision-making processes to select, implement and grow an accounting system.

The Assumptions Behind Growth Path Accounting 

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Tags: farm management accounting, accrual accounting, ag software, agricultural software, farm accounting, growth path accounting

Growth Path Farm Accounting

Posted by Norman Brown on Mon, Jan 27, 2014 @ 03:00 PM

Prescription Farming for Your Financial Records

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Tags: farm management accounting, accrual accounting, farm records, farm software, ag software, farm accounting, growth path accounting, systems development for agriculture

Farm Computer Adoption Pain Exceeds Management Gain

Posted by Norman Brown on Tue, Sep 24, 2013 @ 10:14 AM

Two recent articles in the farm press validate how far farm management technology has come, yet how far it has yet to progress to make a serious business impact.

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Tags: managerial accounting, farm management accounting, cost accounting, farm financial statements, accrual accounting, farm financial reporting, agricultural managerial accounting, farm inventories, farm records, farm software, ag software, agricultural decision support, business processes, agricultural software, farm accounting, enterprise analysis, precision farming

Farm Management Information Cracks Open the Narrow Gateway

Posted by Norman Brown on Thu, Jul 25, 2013 @ 03:03 PM

"The next generation of agricultural managers are asking how the industry can enable seamless data exchange between machines and Farm Management Information Systems.  The costs of exchanging data are high due to the lack of common implementation guidelines, data transfer protocols, message standards, and standard reference data.  Producers report that it is difficult or nearly impossible to move data from one system to another.  To do so almost always requires data reentry, manual data transformation, and/or specialists to manage data."

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Tags: farm management accounting, agricultural managerial accounting, farm inventories, agricultural inventories, ag software, agricultural decision support, agricultural compliance, agricultural software, farm

Are You a "Big Bucket" Farm Accountant?

Posted by Norman Brown on Wed, Jun 12, 2013 @ 03:31 PM

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Tags: activity-based costing, farm financial standards council, cost accounting, Cost center allocation, Farm Financial Standards, accrual accounting, farm financial reporting, agricultural managerial accounting, FBS Systems, farm software, ag software, agricultural software, Farm Margin Management, farm profit centers, integrated production and financial software

Monitor Your Farm Financial Health

Posted by Norman Brown on Fri, Apr 26, 2013 @ 09:53 AM

Chris Barron of Carson and Barron Farms and a columnist with Top Farmer Magazine, introduces encourages a proactive approach to farm margin management in the recent article, Financial Fitness for Tomorrow.

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Tags: farm budgeting, activity-based costing, cost accounting, agricultural managerial accounting, farm software, ag software, agricultural decision support, agricultural software, Farm Margin Management, enterprise analysis