Does farm accounting software replace bookkeeping?+−
No. Bookkeeping and tax accounting stay in your accounting system, such as BAS, and e-reporting stays where it is. The software keeps management accounts: it collects primary data from the field, warehouse and weighbridge, calculates costs per field and crop, and exchanges prices, reference data and write-offs with the accounting system. The accountant stops compiling work orders in spreadsheets, and the owner gets numbers for decisions, not for the tax office.
How is the cost per hectare calculated?+−
A field's direct costs (seed, fertiliser, crop protection, fuel, operations and labour) are collected from primary documents as they happen. A share of machinery costs by the chosen allocation base and a share of production overheads, usually by area, are added to them. The total divided by the field area gives the cost per hectare, and divided by the harvest in net weight, the cost per tonne.
Why does the cost in the software differ from the bookkeeping figure?+−
Because it is calculated for other purposes and by other rules. In financial accounting under Ukrainian standard 30 on biological assets, as under IAS 41, harvested produce is usually measured at fair value less costs to sell, while management accounting shows the field's actual costs. Overhead allocation bases can differ too. The software shows these differences in a separate report so that they can be explained rather than hunted for.
Can we import data from our accounting system or Excel?+−
Yes. From the accounting system the software takes item and counterparty lists and prices from purchase documents, so write-offs are valued at actual batch prices. Fields, areas, crops and past seasons' records are imported from Excel; rows that cannot be recognised are listed for correction. Past years are worth importing along with the fields, because without them there is nothing to compare the cost with.
How are in-kind lease payments accounted for?+−
Grain issued to landowners is written off from the warehouse at the book price and allocated as land rent to the fields where the leased plots lie. This way land cost is part of every field's cost per hectare instead of disappearing into overheads. Accruals and payments to each landowner, taxes and payment lists are kept in a separate land lease accounting module.
How much does farm accounting software cost and where do we start?+−
The cost depends on the number of cost objects, primary data sources and integrations, not on the area or the number of users. It is best to start with field costs, meaning work orders and write-offs, because they are the basis of the cost of production; machinery, harvest and the accounting exchange are added in later stages. After agreeing the method, askcust estimates the first stage with a fixed scope.