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
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.
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
“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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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...
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For a long time, in the agricultural sector, technology, beyond farm equipment, was relegated to the back office. Thankfully, farms don’t operate...
We often discuss the different types of accounting used by agricultural accountants. A good portion of farm accounting, especially early on, was...
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When it comes to farm oversight, understanding where you are, in terms of financial information and accounting is vital. Growth Path Accounting...
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...