Helping farmers keep better records of inventory and finances

You should always keep track of your bank statements, receipts, invoices, crop production and livestock records. (Brian Sherrod, KNEP)
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BRIDGEPORT, Neb. Farmers and ranchers have endured a very hard year with the recent flooding and unpredictable weather.

With every loss and gain, you want to keep records just in case you will need them.

You should always keep track of your bank statements, receipts, invoices, crop production and livestock records.

It is not just the head of the farm that needs to keep up with the records.
The family as a whole should learn for unexpected cases.

“There are always decisions that need to be made on the farm,” said Tina Barrett, Executive Director of Nebraska Farm Business. “It could go from a rental situation, you wanting to buy ground or something extreme like flooding or lack of water that causes us to rethink things.”

This is part one of two for this workshop.

Part two will go from 8:00am to 12:00pm at the Prairie Winds Community Center.