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Articles Tagged with ''electronic recordkeeping''

Advantages and disadvantages of using QuickBooks inventory for ranch operations

QuickBooks helps operators develop realistic forecasts for the next year and improving relationships between accountants, lenders and commodity brokers.
February 5, 2025
DeDe Jones

Setting up a reliable record-keeping system is one of the first stages of becoming a good ranch manager. Accurate recordkeeping has numerous benefits, like helping an operator develop realistic forecasts for the next year and improving relationships between accountants, lenders and commodity brokers. 


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Let's make 2025 the year of organized cattle and ranch records

Here are six ways to ensure your record-keeping efforts are achievable and successful in the new year.
December 18, 2024
Terrell Miller

Another year has come and gone, and now it's 2025! A common process for many of us is to set goals or resolutions to strive for in the new year. A new year is a new beginning – a time to reflect on what has worked so far and what may need some adjustments.


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West: The value of records

November 22, 2024
Tyler O'Donnell

With the new year on the horizon, and calving season to follow, I would encourage you to look at your record-keeping system.


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Having ranch records ready at tax time is easier than you think

Take the hassle and stress out of gathering records for tax season by having a good record-keeping and receipt system in place that you use and update throughout the year.
February 15, 2024
Terrell Miller

Another year, another season of taxes. It’s the same time every year, but for many of us, the time seems to sneak up as the days go by quickly.


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10 strategies for record-keeping success in the new year

As a new year begins, take a moment to refine your record-keeping habits. Learn about transitioning from paper records to a digital platform.
November 22, 2023
Terrell Miller

As the prospect of a new year dawns, it's an opportune moment to consider refining our record-keeping habits. Transitioning from traditional paper records to digital platforms can be transformative, and here's a comprehensive guide on how to make that change.


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Using the QuickBooks inventory system

QuickBooks’ inventory management features are problematic for ranching due to confusing features and inaccurate automatic entries. While suitable for some cattle operations, ranchers often opt for Excel to track livestock, using QuickBooks primarily for financial reporting.
September 5, 2023
DeDe Jones

While it is necessary for operators to monitor the number of cows, calves, stockers, fed cattle, etc. on hand, finding a good inventory software program can be challenging.


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Which version of QuickBooks works best for cattle operations?

QuickBooks has added an online platform in addition to its traditional desktop version. Producers considering the online version will want to look at pricing comparisons, internet connection, usability and more.
May 8, 2023
DeDe Jones

Learn the advantages and disadvantages of the QuickBooks platforms to help you decide which version best fits your business.


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Using QuickBooks classes to track livestock enterprises

Learning to use the QuickBooks class tracking feature provides producers with a meaningful view of what entities are the most profitable and which ones need improvement.
February 24, 2023
DeDe Jones

Are you better off selling your calves at weaning, as stockers or carrying them through the feedlot? Is it more profitable to retain heifers or purchase cows when replenishing the herd?




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Preventing data losses on your operation

There is significant value in keeping ranch records, and losing critical information can be devastating. It is important producers have a routine for backing up information and are diligent in doing so.
December 22, 2022
Gilda V. Bryant

Keeping records current is a challenge for many busy ranchers. The lucky ones have a trusted family member who is willing to tackle this task. Experts recommend updating records at least once a month and backing up critical data to the cloud or another device to preserve information.


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Blockchain: Technology leading us to the future

Blockchain technology is advancing the beef industry by adding traceability for consumers and allowing producers to receive premiums for their efforts in producing quality meat.
September 22, 2022
Abigail George

The agriculture industry is directly derived from what consumers want. And in today’s world, consumers want traceability.


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