AgTalk Home
AgTalk Home
Search Forums | Classifieds (2) | Skins | Language
You are logged in as a guest. ( logon | register )

Accounting
View previous thread :: View next thread
   Forums List -> Stock TalkMessage format
 
milofarmer1
Posted 1/9/2019 15:23 (#7232529 - in reply to #7232388)
Subject: RE: Accounting



Texas/New Mexico Stateline
It tried quickbooks a couple times, and just never took a liking to it. I know it is one of the industry standards, but just didn't like it.

Have used simple versions of Quicken and Microsoft money, and they work basically the same.

The trick is to set up categories that align with your tax forms. Then sub-categorize those out as much as you want.

EG:

Category: Farm: Fertilizer - corn
Category: Farm: Fertilizer - wheat
etc.

At the end of the year, it will total each category and sub-category to send over to your accountant. If they will accept it like that.


Also a very important thing is to ALWAYS keep up to date (monthly), and ALWAYS categorize your expenses right then properly. If you will do that, the end of the year issues are so much less.



Edited by milofarmer1 1/9/2019 15:25
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)