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Items Tagged with 'accounting system'

ARTICLES

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The importance of budgeting under volatile market conditions

Accurate financial recordkeeping is crucial for cattle operations. Creating annual budgets helps ranchers manage income and expenses, plan for financial obligations and mitigate risks from market fluctuations and unexpected costs.
October 7, 2025
DeDe Jones

Accurate financial recordkeeping is crucial for cattle operations. Creating annual budgets helps ranchers manage income and expenses, plan for financial obligations and mitigate risks from market fluctuations and unexpected costs.



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Tracking livestock enterprise profitability through QuickBooks classes

QuickBooks offers cattle operations enterprise tracking, an accounting method helping to answer all your and your banker’s questions.
July 15, 2025
DeDe Jones

Ranchers are often asked multiple economic questions when meeting with their bankers. These may include: Are you making more money on raised or purchased cattle? 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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Is QuickBooks financial accounting best for the ranch?

QuickBooks Desktop and QuickBooks Online are powerful accounting programs for ranchers. Desktop offers comprehensive features, while Online is versatile and easier to learn. Pricing is high, leading some to switch to other programs.
May 1, 2025
DeDe Jones

QuickBooks Desktop launched in 1998 as financial accounting software comparable to Quicken but with more features. Accountants and bankers became early adopters, liking the program’s double-entry system that allows users to create detailed financial reports. They began recommending QuickBooks to clients, including agricultural producers.


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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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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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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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Farming out the financials

When a farm or ranch grows, it can be difficult to keep up with the financial management areas of the business. In such cases, it may be wise to outsource at least some of the financial and accounting tasks.
January 24, 2023
Erica Louder

While agriculture extension has and continues to provide solid financial resources to teach farmers "in-house" accounting and finances, with growth, a farm or ranch must determine if and when to seek outside help.


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[Podcast] Budgeting tips with DeDe Jones, and the best and worst Christmas songs

December 1, 2022

In this episode, Editor Carrie Veselka discusses budgeting tips and financial habits for the new year with DeDe Jones from Texas A&M University. Also, Carrie, David Cooper, Cassidy Woolsey, and Paul and Tyrell Marchant preview the December issue of Progressive Cattle and duke out the best and worst Christmas songs of all time.


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More Articles Tagged with 'accounting system'
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