How To Connect To FCC Online Services
What you need to know:
You can securely connect AgExpert Accounting to your FCC Online Services account to import and submit your net worth statement when requested by your FCC team. Once connected, FCC Online Services shares only net worth statement data with AgExpert Accounting and does not provide access to any other information.
What you need to do:
Have your credentials ready to connect to your FCC Online Services account.
Have your net worth data entered into AgExpert Accounting.
How to (Step by Step):
Click MyFarmConnect.
Select the FCC Online Services tile.
Click Log in or Sign Up.
A new webpage will open. Enter your FCC Online Services Email or Username and Password and click Sign in.
Once you have successfully connected, click Reports.
Select the FCC net worth statement report.
Select the As at date you wish to report your net worth statement for and click Next.
Note: This date can be changed later by clicking the change date button at the top of the report.
You will need to go through your asset accounts and categorize them according to FCC categories. Use the drop-down menu for the FCC Category and select the most appropriate option for that asset account.
Note: To exclude an account from the report you can click the three dots at the end of the row and select Exclude account from net worth statement. If you wish you add accounts back in later, click Excluded accounts.
Review the FCC Categories to ensure the accounts have all been properly mapped and included as part of the net worth statement.
If you are missing any assets in the Current assets section, click + Add asset and Add asset.
Note: Depending on the category, requirements for new assets will differ. See the appendices below for detailed requirements.
If you are missing any assets in the Term assets section, click + Add asset and Add asset.
Note: Depending on the category, requirements for new assets will differ. See the appendices below for detailed requirements.
When done in the Asset section, click View liabilities.
You will need to go through your liability accounts and categorize them according to FCC categories. Use the drop-down menu for the FCC Category and select the most appropriate option for that liability account.
Note: To exclude an account from the report you can click the three dots at the end of the row and select Exclude account from net worth statement. If you wish you add accounts back in later, click Excluded accounts.
Review the FCC Categories to ensure the accounts have all been properly mapped and included as part of the net worth statement.
If you are missing any assets in the Current liabilities section, click + Add liability and Add liability. Each section requires a Liability description and Amount.
If you are missing any liabilities in the Term liabilities section, click + Add liability and Add liability. Each section requires a Liability description, Interest rate, Payment frequency, Payment type and Payment amount.
Once all your assets and liabilities have been reviewed, click one of the following to give FCC Online Services access to the report:
Save – will save your report.
Save and close – will save the report and close the report page.
Save and archive – will save the report and creates a copy accessible by clicking Net worth archive.
Note: You can click Download to get a PDF copy of your report.
Appendices
Requirements for new current or term assets:
Accounts or note receivable: Requires Asset description and Amount.
Cash: Requires Asset description and Amount.
Crop, feed & livestock product inventory: Requires Asset description, Quantity, Unit and $/Unit.
Market livestock (excluding breeding herd): Requires Asset description, Quantity and $/Head.
Other current assets: Requires Asset description and Amount.
Prepaid expenses: Requires Asset description and Amount.
Supplies: Requires Asset description and Amount.
Breeding livestock: Requires Asset description, Quantity and $/Head
Investments: Requires Asset description and Market value.
Machinery, equipment and transportation: Requires Asset description, Year and Market value.
Other term assets: Requires Asset description and Amount.
Quota: Requires Asset description, Quantity, $/Unit and Marketable %
Real estate: Requires Asset description and Market value.
References and Additional Resources
Still have questions? Contact support
Contact us at 1-800-667-7893 or email support@fccagexpert.ca if you require additional support. You can find other help options under the question mark Icon in the top right of AgExpert Accounting at any time.