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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Topics: 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
"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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Topics: farm management accounting, agricultural managerial accounting, farm inventories, ag software, agricultural decision support, agricultural software, agricultural inventories, agricultural compliance, farm
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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Topics: cost accounting, agricultural managerial accounting, farm software, ag software, agricultural decision support, agricultural software, enterprise analysis, farm budgeting, activity-based costing, Farm Margin Management
In the past three issues of this series we’ve used a mountain range metaphor to depict the relationship between three levels of computer applications—decision support, compliance and business processes.
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Topics: farm management accounting, cost accounting, accrual accounting, farm financial reporting, agricultural managerial accounting, farm inventories, farm software, agricultural decision support, agricultural software, enterprise analysis, farm budgeting, Cost center allocation, agricultural inventories, farm benchmarks, farm cost centers, farm profit centers
What do you use your computer for? Likely it’s to generate one of three levels of information. This article will discuss the objectives and limitations of each and describe how to balance and coordinated them in order to a more effective awareness and control of your business.
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Topics: cost accounting, accrual accounting, agricultural managerial accounting, agricultural decision support, business processes, agricultural inventories, quickbooks, agricultural compliance
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Integrating Ag Technology Data with Financial and Managerial Accounting
The following is a summary of a presentation entitled "Financial and Management Accounting Software--Developments, Implementation Challenges, and...
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Farm Industry News Identifies Ag Accounting Trend
"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...
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