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Heart of the Farm Bookkeepers´ Boot Camp

Trisha Wagner

Summary

Heart of the Farm - Women in Agriculture is a University of Wisconsin Cooperative Extension and UW Center for Dairy Profitability program committed to addressing the needs of farm women by providing education on farm business topics, connecting them with agricultural resources and creating support networks. The Heart of the Farm collaborated with Badgerland Financial and the Farm Service Agency to offer a new workshop for women in agriculture called Bookkeepers’ Boot Camp, designed to improve farm business decision-making by specifically addressing financial bookkeeping issues. Participants indicated they increased their confidence and knowledge of financial bookkeeping resources, importance, and how to improve the use of financial information.

This presentation will cover the intended outcomes and key components of the workshop:
The How and Why of Managing Farm Records- Participants understand what to keep, how long to keep them, and how to organize them for taxes and the lender.
Insurance and FSA Bookkeeping Requirements- Discussion of the types of information and bookkeeping necessary for government programs administered through FSA.
What Financial Record Keeping Can Do for Your Bottom Line- Knowing the need to keep records for taxes, for the lender, and government programs is important. Equally important is the analysis of good records and resulting management decisions for the improvement of your bottom line.
Recordkeeping Options- This session covers what a record system is, different formats, types and where to find more information. Both computer and ledger options are discussed for those looking to get started or improve their record keeping.

Details

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