The number of farmers that do not keep farm records is shocking. Some of them complain that they are always busy and don’t have time, while others say that they know how to manage their farms without always writing things down. These are the reasons and attitudes that make us fail all the time we practice farming. You will even find others taking all their receipts at the end of the month/year to an accountant friend to help them calculate production costs and profitability. The problem with this picture is that the accountant will not know what has really been going on at your farm thus causing a lot of irregularities with your financials. Keeping farm records is an important activity in farming. The records have to be accurate and up to date reflecting on all activities that occur on the farm. Knowledge acquired from keeping good farm records is priceless. Farmers should always have their farm records ready before they do any financial analysis, financial decision or budgeting. Impor
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