With Shannon Sand, Extension Agricultural Economist, UNL Center for Agricultural Profitability
Good financial record keeping is the foundation of a successful farm or ranch business. Accurate, up-to-date records help producers understand their true cost of production, track income, and expenses, and make informed management decisions. Having organized financial records also simplifies tax preparation, loan applications, and risk management planning. Whether using paper ledgers, spreadsheets, or software tools, consistency is key regularly recording transactions ensures the information is reliable and useful for evaluating profitability and planning for the future. This webinar will go over the basics of record keeping and discuss how the information can be used to make management decisions.
Recording
Watch on YouTube