Master practical farm accounting with a simple, reliable system you can use this year.
This practical guide walks you through keeping clear ledgers, tracking production, and measuring costs so you know your farm’s true financial picture.
The book emphasizes a doable approach for any size farm. It shows how to balance resources and liabilities, generate an annual statement, and use the ledger to compare your management with others. You’ll learn to estimate costs, evaluate production, and understand how expenses, depreciation, and taxes affect your bottom line.
- How to prepare a clear year-end statement that reveals cash on hand, debts, and net worth.
- Ways to calculate approximate cost per acre and per crop, using a simple ledger method.
- How to derive the approximate cost of growing, maintaining, and fattening livestock.
- Practical tips for organizing business papers, checks, and bank accounts on the farm.
Ideal for independent farmers and those who want a straightforward, adjustable accounting system for real farm conditions.