Effective farm accounting helps producers track financial performance, manage risk, and make informed business decisions. Explore these record-keeping tools and resources from MU Extension and partner universities.
This Microsoft Excel farm record keeping tool can track and organize income and expenses of the farm business, generate cash flow summaries, monitor checking account balances, and summarize income and expenses by crop, livestock species, and business unit; and produce an estimate of taxable income from farming throughout the year.
This MU Extension record book is simple and inexpensive. This farm account book is designed for aid in income tax reporting on a cash basis only.
Specialty Crop Record Book
A farm record keeping tool customized for specialty crop enterprises. Track and organize income and expenses, generate a cash flow, monitor checking account balances, and summarize income and expenses by crop, livestock species, and business unit.
Guide prepared by Michigan State University Extension that give considerations and options for farm accounting software.