THE FARM CEO (Issue 69): Importance of bank reconciliations for your farm business, Automate Your Farm Records Keeping For Profitable Farm Planning, [Coming Tomorrow] You Need this Custom Spreadsheet App to Accurately Analyze Your Bank Statement

This week’s non-password protected issue of the Farm CEO newspaper features articles on theme of farm accounts automation and reconciliation. ending with a preview of a new app I’ll be launching in tomorrow’s issue of my Performance Improvement Ideas newsletter.

1. Importance of bank reconciliations for your farm business

No other accounting procedure will do more to ensure the completeness of the cash farm records than reconciling book and bank accounts.

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2. ‘Automate Your Farm Records Keeping For Profitable Farm Planning

In this article, I explain the importance of establishing and maintaining reliable farm records keeping systems as it is a crucial requirement for successful planning & profitable management of your farm business. As they say, if you do not record it you cannot measure it. And if you do not measure it, you cannot control it. Which is the same thing as saying you cannot plan for it. In essence, I am saying that keeping detailed and accurate farm records is a crucial requirement for effective and profitable farm planning.

Your Farm NEEDS Diligently Kept Records

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3. [Coming Tomorrow] You Need this Custom Spreadsheet App to Accurately Analyze Your Bank Statement

Each time a New Year approaches, I always work hard to hit the ground running with a new and different concept, product or soliution.

This time around what I’ve come up with happened really by accident. A problem I had making sense of the MS Excel based bank statement I downloaded from the online banking interface for one of my accounts.

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[IMPORTANT: This blog’s contents are being updated following the transfer to www.tayosolagbade.com from my former domain – Spontaneousdevelopment.com. As a result, some parts of it may not work properly for now. Quick Tip: If a link contains “spontaneousdevelopment.com”, simply change it to “tayosolagbade.com” – and it should work. This applies to article links as well as image links. Work continues to update the links(in over 500 articles). Tayo K. Solagbade.]
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