Benefits+of+computer+aided+farm+re
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COMPUTER AIDED FARM RECORDS AND THEIR BENEFITS
CONTENT
Computer Aided Farm Records and their Benefits
Types of Computer Aided Farm Records
Determining the Ideal Computer Aided Record Program for Farm Business
Benefits of Computer Aided Records
Disadvantages of Computer Aided Records
Computer Aided Farm Records and their Benefits
These are computer software programs that can record basic income and expense data for farmers, with quick summary and ability to prepare variety of financial reports. In a farm business, some basic reports are needed. The key ones are:
Transaction journal
Depreciation schedule
Employee reports (pay checks, withholdings, payment of employee tax, etc.)
Information returns
Balance sheet
Income statement.
Types of Computer Aided Farm Records
Farmers who need accurate, complete financial statements and analysis should consider using some form of computer record system such as:
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