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Video: Are you keeping efficient financial records?

Ask an Expert: The Value of Good Data

Is now the right time for new equipment? How much profit will you see from this year’s crop? Analyzing the numbers is easy when you have accounting software designed for agriculture. There are a number of ag-specific accounting software programs on the market. Which one is right for you?

Key Points

  • Take control of your information by completing your own quarterly GST return or annual AgriStability report.
  • Keeping detailed financial information using farm accounting software is easy and makes a big difference when reviewing your spending.
  • Once you know what you need from the software, you can customize it to your operation.
  • Ag-specific accounting software allows you to access all the numbers you need that are unique to agriculture.

Copyright 2012, Farm Credit Canada. This video information is intended for general reference purposes only; it is not intended to provide specific business advice and should not be relied upon as a substitute for specific professional advice. The views expressed in this video are those of the presenters and do not necessarily reflect the opinion of FCC. FCC makes no warranties or representations as to accuracy, completeness, suitability, or validity of the information and shall not be liable or responsible to any person for any harm, loss or damage that may arise in connection with the use of this video. You may not copy or reproduce this or any FCC video, in whole or in part, for the purposes of commercial distribution without the prior written permission of FCC.

Last updated on August 22, 2014 by FCC AgExpert