Top Tips for Keeping Records
October 14, 2021
Farm records provide data that will help you monitor the business over time. Your records tell your farm story and help your accountant complete your tax return, make financial decisions with you and plan for your business’ future.
Records are any informational documents that will help you understand where you’re spending your money by tracking items that are directly involved with your business.
To follow are a few of our top farm record keeping tips.
Know what a farm-related expense is and is not.
• All items that directly pertain to the production and management of the...