Farm Accountants

Successful farm accountants wholeheartedly embrace farm accounting software because it makes them and their clients more effective.

When someone, the farmer, the accountant, or their bookkeepers input the correct information correctly into the farm accounting software – something a cave man can be trained to do, the output is accurate and provides the farm accountant with the information they need to do their most important job.

Filing taxes, creating P&L statements, doing the work up for audited balance sheets and all the compliance work farm accountants do – well those are tasks.

Their job is to provide their clients with insights, strategies, and support from their perspective as both an accountant and as a confidant.

A typical farm accountant keeps track of the money, files the various reports with the various agencies and entities the farmer is involved with. A typical farm accountant spends a large percentage of their time in compliance – defense and putting out fires.

Successful farm accountants, the type of advisor every successful farmer should be looking for uses compliance as it was intended, to report on what has happened – and they use farm accounting software to reduce the amount of time it takes, while remaining as accurate as it is possible to be.

Successful farm accountants focus their efforts on the offence – doing the planning, directly or indirectly, in advance that will make the next round of reporting more favorable than the last and the next even more so and so on and so on.

A successful farm accountant is above all an advocate and advisor to their clients. They know, for example that when two or more brothers/cousins etc. work together – that there will be issues.

Invariably those issues involve money. And since one brother can’t pick up and leave – taking his land with him, and move to the other end of the county and start over, the successful accountant will help them discuss creative ways to handle the money issues so the whole farm doesn’t sink because of a conflict about dollars.

The accountant is ever vigilant, on the look out for any hanky panky with the farm’s property and resources too.

Whether estate taxes, federal and/or state inheritance taxes etc. are part of the equation or not – cash is still going to be required when one of the principles of the farm dies. There must be enough money, without bankrupting the farm, to buy out the heirs of a deceased partner so the farm can go on and so their family gets a fair return for their life’s work.

Successful farm accountants will recognize when it is necessary to reorganize the farm in order to shift some of the farm’s growing value to the next generation before the farm gets too big for one or the other partner to buy.

And the successful farm accountant has contacts they trust – so the farmer can trust them too, who have extensive experience in matters of estate planning, succession strategies, management transfer etc. And it is their job to insist that the farmer talks to these specialists!

Every farmer, even if he or she does plans to live forever, must have an exit strategy.

Successful farm accountants are key advisors who help the farmer understand how much money they will need to live on, how many dollars from the gross revenues of the farm that will take, and where will the money come from. They can help the farmer select assets that can be liquidated today – with some of the proceeds set aside for retirement and the rest used to replace the land (for example) that was sold.

Successful farm accountants know the importance of making decisions regarding money, sooner rather than later – so less interest is paid and the farmer has longer to benefit from compound interest!

These are but of few examples of ways successful farm accountants spend their time for the benefit of their clients. Whenever they can harness the power of farm accounting software to crunch the numbers, giving them accurate information sooner, rather than later – they will jump at it.

If your farm accountant says that they “don’t believe in farm accounting software” or something silly like that – you need to find a new one. This person is not ever going to be a successful farm accountant for you. For them, maybe, since they are padding their bill – but for you, I don’t think so.

Technorati Tags: Accounting Software, Farm Accountants, Farm Accounting Software

Ricky Sears has been growing tobacco his entire life. His father and grandfather owned Sears’ farm before him. When he first purchased the farm from his family he employed local laborers and kids on summer break from school but as the farm and the workload grew he was forced to hire migrant workers. Sears works with the North Carolina Growers Association to recruit and employ legal, temporary workers from Mexico.

Juan Hernández has worked in the U.S. for 12 years and has worked on Sears’ farm for the past four years. He works in the U.S. nine months of the year to help afford his family a better life in Mexico. He comes from Aguascalientes, Mexico where his father also farms tobacco and when he returns to his family each November he does much of the same work for his father that he does here in the US.

Marcos Rodarte has worked for Ricky Sears for five years. He is from Santiago Ixcuintla, Mexico where he attended university and earned a degree in accounting but comes to the U.S. to work on a farm because he cannot find work in Mexico. Although he is more comfortable speaking Spanish, over the past five years he has taught himself English. Sears has a great deal of confidence in him and has given him a lot of responsibilities on the farm.

“I come here because there are opportunities for a better life. We sacrifice ourselves a little bit to live better in Mexico.”

Duration : 0:5:24

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A woman walks into her accountant’s office and tells him that she needs to file her taxes. The accountant says, "Before we begin, I’ll need to ask a few questions. He gets her name, address, social security number, etc. and then asks "What is your occupation?"

The woman replies, "I’m a high-priced whore." The accountant balks and says, "No, no, no. That will never work. That is much too crass. Let’s try to rephrase that." The woman says, "OK, I’m a high-end call girl!"

"No, that is still too crude. Try again." They both think for a minute, then the woman states, "I’m an elite chicken farmer." The accountant asks, "What does chicken farming have to do with being a whore or a call girl?" "Well, I raised over 5,000 little peckers last year

lol

Taro is usually grown in pondfields known as loʻi in Hawaiian. The picture below shows several small loʻi in Maunawili Valley on Oahu. The ditch on the left in the picture is called an ʻauwai and supplies diverted stream water to the loʻi. Cool, flowing water yields the best crop.

Typical dryland or upland varieties (varieties grown in watered but not flooded fields) in Hawaii are lehua maoli and bun long, the latter widely known as Chinese taro. Bun long is used for making taro chips. Dasheen (also called “eddo”) is another “dryland” variety of C. esculenta grown for its edible corms or sometimes just as an ornamental plant.

The Hawaii Agricultural Statistics Service puts the 10-year median production of taro in the Hawaiian Islands at about 6.1 million pounds (2,800 t; Viotti, 2004). However, 2003 taro production in Hawaii was only 5 million pounds (2,300 t), an all-time low (record keeping started in 1946). The previous low, reached in 1997, was 5.5 million pounds (2,500 t). Yet, despite generally growing demand, production was even lower in 2005: only 4 million pounds, with kalo for processing into poi accounting for 97.5%. Urbanization has driven down harvests from a high of 14.1 million pounds (6,400 t) in 1948. But more recently the decline has resulted from pests and diseases. A non-native apple snail (Pomacea canaliculata) is a major culprit in the current crop declines. Also, a plant rot disease, traced to a newly identified species of the fungal genus, Phytophthora, now plagues crops throughout the state. Although pesticides could control both pests to some extent, pesticide use in the pondfields is barred because of the clear opportunity for chemicals to quickly migrate into streams and then into the ocean.

In early April 2008, the Hawaiian House Agriculture Committee voted 9-3 to send a bill to the full house that would put a 5 year moratorium on genetic modification of taro in Hawaii. This moratorium would only apply to Hawaiian varieties of taro, thereby allowing genetic alteration of non-native species. This would include possible alteration to Chinese varieties, which are currently being grown in Hawaii, giving rise to an opportunity for cross-pollination.

For more videos like this, visit http://www.hawaiiangrowntv.com

Duration : 0:7:14

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Two weeks before Stephen Voith was ousted by the combined venom of Ravinedra Svarupa and follywers for Voith’s expertly engaging over $60,000 Laxmi Points and eight Cowherds in the service of Sri Sri Radha-Damodara’s Servant’s (Swami Jesus Srila Prabhupada Bhaktivedanta’s) Cows’ Service, Voith’s Stepbrother, Edwin F. Jacobsen, journeyed to the Pennsylvania enclave from his home in Virginia to document some of the myriad infrastructural improvements to the Gita Nagari Ag Dept/Cows’ Facilities. Improvements that were made selflessly by Voith’s determination alone, not because of the GBC/Temple residents, but IN SPITE of them. In fact, giving so much exclusive attention to the Cows was what caused the GBC and Co. to build up so much venom and animosity towards Voiths. Since their Modus Operandhi is to take away from the cows, put the Cows’ funds in their own pockets (even while disseminating cheating propaganda to the contrary), and especially taking the respect and honor due the Cows and tranferring it to themselves in their demoniac imitation of Srila Vyasadeva and Srila Prabhupada. Making themselves the holy cow is at . . . and, therefore, when Stephen Voith entered the Gitanagari environs in March, ‘91 (after living a comfortable life in Suburban Washington DC) to offer the Cows and cowherds help, the first thing he discovered was a barn that had been just a week prior ravaged by a demon tornado (spawned ‘naturally’ as karmic reaction to the false, i.e. Mayavadh guru worship going on there,; not only that, but Voith noticed that the Cows’ facilties were in a state of consummate decrepitude. That in spite of the fact that since 1986 over $2,500 monthly was being donated by Adoptees of the 200 head of Brown Swiss Protected Cows via the Adopt-A-Cow Pgm.

But, of course, with those funds being ‘administered’ by the Ravana-GBC, Ravinedra SvaRURUpa, in Philly so-called Temple, it was SMALL WONDER that the cows were living in abject poverty, filth and starvation diet, even while the GBC and his sycophant guru-pee follywers were livin’ the life ‘o Riley, sumptuously fed, clothed and housed . . .So, then Srila Prabhupada personally arranged for Stephen Voith (sanat das) to gain a large donation from Dr. Vibhakar J. Mody of Potomac, Md. to put Voith in charge of the Ag Dept and hire back the previously ostracized Cowherds, and spend lavishly for the cows. While spending those funds, Voith gradually realized that Ravinedra’s Accountant at the farm (Bhubhrtdas), had been cooking books for several years, and in fact there existed FOUR SETS OF ACCOUNTING BOOKS. This was discovered directly in 1993 by Tab Matler, Taraka das, when he discovered Bhubhrt shredding documents, just after Bhubrht had escaped Danville Mental Facility where he’d been self-committed while after he found out that we were in talks with the States Att. General’s Office for the malfeasance that RS and Bhubhrt were perpetrating at Gitanagari. . . .

So, we rebuilt the farm, and just upon completion of our stunning accomplishment, the Cockroach guru followers brought real charges (of excellent cow care) against the irascibull rascal Voith, a meeting was held, and we were expelled, so the lemmings could continue their jumping like monkeys r- which a circumspect analysis of his demoniac dealings reveals he has performed in spades . . .

Duration : 0:10:0

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