In prior installments in this series, we covered the two key questions in the Growth Path Accounting Decision Tree.  This month we continue tracing the accounting results from these decisions.

In prior installments in this series, we covered the two key questions in the Growth Path Accounting Decision Tree.  This month we begin tracing the accounting results from these decisions.

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.

"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."

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.

Can you trust a report that's not backed by accounting data?

We will be examining the changes you need to make in handling Agricultural inventories as you move from traditional agriculture financial reporting to more up to date statements that follow Generally Accepted Accounting Principles.