Top 5 Bookkeeping Mistakes Farmers Should Avoid for Better Financial Management – By Wade McLaughlin
For farmers, keeping accurate and timely financial records is essential for the smooth operation and growth of your business. Proper bookkeeping ensures that you can make informed decisions, maintain a healthy cash flow, and stay on top of your farm’s financial...
Why Understanding Inventory Adjustments is Crucial for Farmers – By Wade McLaughlin
What does “inventory adjustments” or “change in inventory” mean? This term reflects how your farm’s books are converted to the accrual accounting method. For many farm businesses, accrual accounting can seem complicated, but it’s crucial for getting an accurate...
Why Cloud-Based Accounting Software? Top 5 Reasons to Make the Switch
At Backswath, we understand the importance of staying on top of your finances while managing a busy business. Cloud-based accounting software can transform the way you handle your financial data by providing convenience, security, and collaboration. Here are the top...
The Power of Peer Groups – By Sara Chambers
Harness the strength of collaboration with The Power of Peer Groups in the Agriculture Community. This resource highlights how connecting with like-minded producers can drive innovation, solve challenges, and create opportunities for growth in your farming operation....