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Topics: agricultural managerial accounting, farm mamanagement accounting, Dick Wittman, farm financial standards council, Ag Software Success Summit
| "What is the value of this kind of information if I can get it delivered to me in a more integrated fashion?" |
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Topics: farm management accounting, accrual accounting, Dick Wittman, farm financial standards council, TEPAP, farm enterprise analysis, QuickBooks for agriculture, farm financial software
The November 2013 issues of Farm Futures Magazine is packed with valuable tips for guiding you to the financial future of your farm.
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Topics: managerial accounting, farm management accounting, accrual accounting, agricultural managerial accounting, Top Producer Magazine, Dick Wittman, farm financial standards council, Danny Klinefelter, Farm Futures Magazine, Lance Woodbury, integrated software
Life's been good…and easy…for most crop producers in the past seven years. Changing conditions, though, will require a new emphasis on proven farm management accounting principles aided by 21st Century technologies.
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Topics: cost accounting, agricultural managerial accounting, farm budgeting, farm mamanagement accounting, Dick Wittman, Farm Futures, farm cash flow projections
“Choose your rut carefully. You’ll be in it for the next two hundred miles.”
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Topics: managerial accounting, cost accounting, farm financial statements, accrual accounting, agricultural managerial accounting, farm records, farm software, best practices, farm budgeting, agricultural inventories, activity-based costing, Dick Wittman
March 16, 2023
Top 8 Benefits to Automating Accounts Payable for Improving Farm Operations
Running farm operations means obtaining supplies from outside vendors and paying them on time. Accounts payable (AP) refers to the money that is owed...
March 9, 2023
Management Accounting 101 for Farm Management
Farm management covers a broad scope of factors. From inventory management to long-term production cycles, having the right tools in place for...
March 2, 2023
Understanding How Farm ERP Solutions Can Improve Farm Management
You may have heard the term enterprise used when referring to a more traditional button up business world. And yet, it can also be applied to...
February 24, 2023
Farm Information Strategies for Farm Management Success
When you’re running a farm made up of multiple specialized enterprises, trying to use solutions designed for other industries or smaller operations...
February 16, 2023
Production Agriculture and Benchmarks Reveal Importance of Overhead
Roman naturalist and philosopher Pliny the Elder once said "The master's eye is the best fertilizer." If expertise and knowledge are truly the best...
February 9, 2023
Smart Strategies For Farm Management and Growth
For many of us, the first quarter of the year is planning and preparing time. It’s time for us to review last year’s financial reports, analyze our...
February 2, 2023
Growth Path Accounting 101- Everything You Need to Know
Over the past month, we’ve done a pretty comprehensive review of the different pathways on the growth path decision tree. As we prepare to enter...
January 26, 2023
The Importance of Farm Financial Guidelines for Farm Operations
The Farm Financial Standards Council has recently releasedFinancial Guidelines for Agriculture: An Implementation Guide for Non-Accountants. Not...
January 19, 2023
Farm Management: What's Your Farm Information Level?
"It's not what people don't know that hurts them. It's what they do know that just ain't so." -Will RogersFor many farm managers, especially on...
January 5, 2023
Harness Ag Tech to Master Farm Management
For a long time, in the agricultural sector, technology, beyond farm equipment, was relegated to the back office. Thankfully, farms don’t operate...
December 22, 2022
"Rolling Up" Agricultural Managerial Accounting
We often discuss the different types of accounting used by agricultural accountants. A good portion of farm accounting, especially early on, was...
December 15, 2022
8 Conflicting Goals For Farm Financial Reporting
’Tis the season to toil over financial statements. For nearly every business, the end of the year signals not just end of Q4 reporting but also end...
November 29, 2022
Farm Accounting Method C
When it comes to farming, much of what you do is about timing. Often, it doesn’t feel like there’s much time to make decisions, the seasons seem to...
November 21, 2022
Growth Path Farm Accounting Method A
When it comes to farm oversight, understanding where you are, in terms of financial information and accounting is vital. Growth Path Accounting...
November 14, 2022
Farm Accounting: Method B- The Farmer's Shortcut
Farming is about growth. It’s the primary focus from crop and livestock to the back office. Crops don’t grow from seed without external factors, nor...