Farm figures that match the books

The farm office is the place where everything shows up a second time – as a document, as a posting, as a figure in a report. That is exactly why most of the double work is created here. What was long since recorded in the barn, in the field or in the store gets entered again so that it reaches the books.

FarmManager turns the direction around. A purchase into the store becomes an expense, a sale out of the store becomes income, a paid outgoing invoice, for example from a contracting job, becomes income, and FarmManager calculates the machine depreciation under § 7 EStG itself for each machine – it appears in the P&L, the tax report and the EÜR. Costs can be allocated to an animal, a field or a machine. The enterprise analysis is built from the ongoing postings instead of an estimate at year end.

Outwards the farm stays connectable. FarmManager reads in incoming electronic invoices; you post them as an expense with a click or, if you switch it on, automatically. Outgoing invoices are produced as ZUGFeRD or XRechnung, and FarmManager generates a DATEV posting batch for the tax firm – importable once you have entered the accounts in the DATEV settings. Your accountant receives data instead of a binder.

Day to day this mainly changes the timing. Liquidity, debt service and lease payments appear in a forecast while the year is still running – not in a report that explains afterwards why things got tight.