Every day, farm owners and operators are faced with a series of choices—some major, some minor. From choosing which crops to plant to deciding on equipment acquisitions, fertilizer usage, whether to hire more labor, and more, the choices are endless and often require frequent revisiting as situations change. And every decision requires careful consideration of your farm’s enterprise budget.
Topics: farm budgeting, farm enterprise analysis
For a long time, in the agricultural sector, technology, beyond farm equipment, was relegated to the back office. Thankfully, farms don’t operate that way anymore. In fact, most have learned to leverage ag tech to assist in improving productivity and profitability.
Topics: farm management accounting, cost accounting, accrual accounting, agricultural managerial accounting, farm inventories, farm software, agricultural decision support, agricultural software, enterprise analysis, farm budgeting, farm profit centers
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.
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.”
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
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Get excited for this year’s BOOST/23 Agriculture Software Success Summit with FBS Systems! This November, join us for an exclusive event that...