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.
Farm Management Software Blog
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.
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
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.
Tags: farm budgeting, farm management accounting, cost accounting, Cost center allocation, accrual accounting, farm financial reporting, agricultural managerial accounting, farm inventories, agricultural inventories, farm software, agricultural decision support, agricultural software, enterprise analysis, farm benchmarks, farm cost centers, farm profit centers
“Choose your rut carefully. You’ll be in it for the next two hundred miles.”
Tags: best practices, farm budgeting, managerial accounting, activity-based costing, cost accounting, farm financial statements, accrual accounting, agricultural managerial accounting, agricultural inventories, farm records, farm software, Dick Wittman