GreenStone Farm Credit Services
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Farm Recordkeeping

Farm Records Services is a financial record keeping program designed to meet the unique needs of agricultural producers with timely and accurate information. The farmer provides canceled checks and deposit slips, or their equivalent, to the GreenStone FCS office. The farmer receives financial information to meet management information, financial loan reporting and tax reporting needs. Report options include:

  • Financial Statements - Cost and/or Market Basis Balance Sheet
  • Income & Expense Statement - Cash (Income Tax) Basis and/or Accrual Basis
  • Family Living Reports
  • Payroll Reporting
  • Capital Assets/Depreciation
  • Financial Forecast and Budgeting
  • Trend Analysis

Pricing of product is determined by the reports desired and number and complexity of transactions.

The program was designed specifically for GreenStone customers. Sole proprietors can design a program to meet their individual management needs, as can partnerships, corporations and trusts. Financial reports are easy to read and understand.

Features & Benefits

Feature Benefit
Support service to answer accounting questions Local service and support means you get solutions to your problems, not a run-around when you have a question.
Your canceled checks can be used to input document Saves you time and helps ensure accuracy of your records, especially at tax time.
Double entry accounting system Ensures accuracy. Finding one additional expense may save you the cost of service.
Over 20 reports available You get the information you want when you want it.
Reports are easy to read and understand You get more than just a bunch of numbers - you get information to make business decisions.
Report information generated in quantity and dollars Information on cost/head, cost/bushel, weight/head, etc., verifies marketing and production decisions.
Fees are generally tax deductible After-tax cost may be less than 60% of actual dollars spent.
Offered by experienced professionals - GreenStone Farm Credit Services has more than 25 years of experience providing records to farmers GreenStone Farm Credit Services staff knows and understands agriculture and can provide you with valuable ideas.
Flexible - can accommodate sole proprietor, partnerships, corporations Service can meet your expanding needs as your operating grows or changes.
Provides financial management information. Helps you manage your business with more timely information to meet financial objectives
Provides tax planning and preparation information Helps you manage and control one of you potentially largest expenses - taxes.
Reports that your loan officer can use Saves you time and hassles in applying for or renewing a loan.

Contact your local branch office for pricing.

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