Ag Advantage

5 Guidelines for Securing Your Farm Operating Loan Renewal

By Becky Wedekind, on Oct 1, 2019

As your operating loan maturity date approaches, you’ll want to give yourself plenty of time to prepare and gather all the proper documents ..

Interest Expense Ratio—How Is It Calculated and Why Is It..

By Val Maeker, on Sep 9, 2019

What is the interest expense ratio? For the purpose of this discussion, the interest expense ratio is calculated by dividing your business’s..

How to Profitably Manage Your Farm’s Trucking Business

By Amanda Schaaf, on May 9, 2019

Keep Accounting Separate Understanding the financial strength of your trucking business is imperative to its ongoing financial success. To g..

Farm Budgeting 101—Getting Started

By Gary Huggins, on Apr 11, 2019

“A budget is telling your money where to go instead of wondering where it went”—Dave Ramsey What does a budget do for me? A budget is a farm..

Bundling Accounting and Financial Services With..

By Jill Miller, on Sep 12, 2018

4 Great Reasons to Use AgManager Farm Accounting Software

By Carolyn Roberts, on Jun 14, 2018

AgriSolutions’ AgManager software is an ag-specific, fully customizable farm accounting software solution. The AgManager tool has been used ..

I’m Not Fluent in Farm Accounting

By Carolyn Roberts, on May 23, 2018

One of the many struggles of keeping a farm operating in the black is the intricacy of farm accounting. Many things set bookkeeping apart fo..

Budgeting For Your Ag Operation: Why, What, How?

By Gary Huggins, on Mar 20, 2018

Why do you need a budget for your family farm? A budget is a farm owners’ plan of action. Without a budget, farm owners are shooting in the ..

What Are the Most Profitable Crops to Grow in the US?

By Brian Bennett, on Mar 14, 2018

According to the USDA reports for the past few years, the eight major crops planted in the U.S. are corn, soybeans, wheat, cotton, sorghum, ..

Depreciation: What You Can Deduct and How to Calculate..

By Mary-Karen Wittman, on Nov 15, 2017

“This Post Has Not Been Updated to Include Changes from the “Tax Cuts and Job Act” passed on December 22, 2017.” Overview Depreciation is an..

Farm Manager, Are You Looking at These 6 Financial Measures?

By Gary Huggins, on Oct 25, 2017

“What's considered enough money? Just a little bit more.”— Will Rogers

Understanding Farm Financials

By Brian Bennett, on Oct 5, 2017

To be an effective business manager, it is important that you understand your farm’s financial reporting. Regardless of whether you personal..

Does Your Farm Software Provide Tax, Credit & Management..

By Becky Wedekind, on Sep 13, 2017

“This Post Has Not Been Updated to Include Changes from the “Tax Cuts and Job Act” passed on December 22, 2017.” There are three primary use..

The Importance of Cross Training in Agricultural Accounting

By Carolyn Roberts, on Aug 3, 2017

Does your operation depend on one individual to handle the farm accounting? Who in your operation is responsible for your farm accounting? ..

How Does Ag Accounting Differ From Business Accounting?

By Amanda Fields, on Jul 10, 2017

There are a few substantial differences between agricultural accounting and business accounting, specifically when it comes to reporting on ..

Will Your Farm Secure Financing If 2017 Is a Tough Year?

By Brian Bennett, on Jun 22, 2017

Assumptions How can we talk about whether your farm will be able to secure financing? In order to address this question, keeping in mind tha..

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