{"id":376,"date":"2020-11-23T16:49:31","date_gmt":"2020-11-23T21:49:31","guid":{"rendered":"https:\/\/blog.uvm.edu\/newfarmer\/?page_id=376"},"modified":"2021-09-17T08:14:33","modified_gmt":"2021-09-17T12:14:33","slug":"financial-management","status":"publish","type":"page","link":"https:\/\/blog.uvm.edu\/newfarmer\/business\/financial-management\/","title":{"rendered":"Financial Management"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Bookkeeping Basics for Beginning Farmers Video Series<\/h2>\n\n\n\n<p>This series of short videos offers practical advice on recordkeeping and using that information to build a more successful and resilient farm business.&nbsp;Topics include:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong><a href=\"#bookkeeping-basics-overview\">Bookkeeping Basics Overview:<\/a><\/strong>\u00a0Why bother with bookkeeping, different kinds of record keping, and presenter Julia Shanks&#8217; &#8220;Four Rules of Bookkeeping.&#8221;<\/li><li><strong><a href=\"#your-system\">Organizing Your System<\/a>:\u00a0<\/strong>Key concepts and creating a structure for organizing your data.<\/li><li><strong><a href=\"#quickbooks\">Quickbooks Basics:<\/a>\u00a0<\/strong>Differences between the desktop and online versions, and considerations for selecting one or the other; the language of Quickbooks, and the asics of setting Quickbooks up for your business needs.<\/li><li><strong><a href=\"#reading-numbers\">Reading your Numbers:<\/a>\u00a0<\/strong>How to evaluate the health of your business by using the data in your records.\u00a0<\/li><li><strong><a href=\"#scenario-planning\">Scenario Planning<\/a>:\u00a0<\/strong>Using your records in decision-making about the scale and direction of your farm business.<\/li><\/ul>\n\n\n\n<p class=\"has-small-font-size\">Funding for these materials was provided in part by the USDA Risk Management Agency under award number RM18RMEPP522C030.<\/p>\n\n\n\n<hr class=\"wp-block-separator is-style-wide\" id=\"Bookkeeping-Basics-Overview\" \/>\n\n\n\n<h2 class=\"wp-block-heading\">Part 1: Bookkeeping Basics Overview<\/h2>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-4-3 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Bookkeeping Basics for Farmers Part 1: Overview\" width=\"625\" height=\"469\" src=\"https:\/\/www.youtube.com\/embed\/7EfoMJwJfQs?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<hr class=\"wp-block-separator is-style-wide\" id=\"your-system\" \/>\n\n\n\n<h2 class=\"wp-block-heading\">Part 2: Organizing Your System<\/h2>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-4-3 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Bookkeeping Basics for Farmers Part 1: Overview\" width=\"625\" height=\"469\" src=\"https:\/\/www.youtube.com\/embed\/7EfoMJwJfQs?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<hr class=\"wp-block-separator is-style-wide\" id=\"quickbooks\" \/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"quickbooks\">Part 3: Quickbooks Basics<\/h2>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-4-3 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Bookkeeping Basics for Farmers Part 1: Overview\" width=\"625\" height=\"469\" src=\"https:\/\/www.youtube.com\/embed\/7EfoMJwJfQs?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<hr class=\"wp-block-separator is-style-wide\" id=\"reading-numbers\" \/>\n\n\n\n<h2 class=\"wp-block-heading\">Part 4: Reading Your Numbers to Assess Your Business <\/h2>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-4-3 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Bookkeeping Basics for Farmers Part 1: Overview\" width=\"625\" height=\"469\" src=\"https:\/\/www.youtube.com\/embed\/7EfoMJwJfQs?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<hr class=\"wp-block-separator is-style-wide\" id=\"scenario-planning\" \/>\n\n\n\n<h2 class=\"wp-block-heading\">Scenario Planning: Using Your Numbers In Decision Making<\/h2>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-4-3 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Bookkeeping Basics for Farmers Part 1: Overview\" width=\"625\" height=\"469\" src=\"https:\/\/www.youtube.com\/embed\/7EfoMJwJfQs?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Bookkeeping Basics for Beginning Farmers Video Series This series of short videos offers practical advice on recordkeeping and using that information to build a more successful and resilient farm business.&nbsp;Topics include: Bookkeeping Basics Overview:\u00a0Why bother with bookkeeping, different kinds of record keping, and presenter Julia Shanks&#8217; &#8220;Four Rules of Bookkeeping.&#8221; Organizing Your System:\u00a0Key concepts and [&hellip;]<\/p>\n","protected":false},"author":243,"featured_media":0,"parent":18,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-376","page","type-page","status-publish","hentry"],"featured_image_src":null,"featured_image_src_square":null,"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/blog.uvm.edu\/newfarmer\/wp-json\/wp\/v2\/pages\/376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.uvm.edu\/newfarmer\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/blog.uvm.edu\/newfarmer\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/blog.uvm.edu\/newfarmer\/wp-json\/wp\/v2\/users\/243"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.uvm.edu\/newfarmer\/wp-json\/wp\/v2\/comments?post=376"}],"version-history":[{"count":12,"href":"https:\/\/blog.uvm.edu\/newfarmer\/wp-json\/wp\/v2\/pages\/376\/revisions"}],"predecessor-version":[{"id":409,"href":"https:\/\/blog.uvm.edu\/newfarmer\/wp-json\/wp\/v2\/pages\/376\/revisions\/409"}],"up":[{"embeddable":true,"href":"https:\/\/blog.uvm.edu\/newfarmer\/wp-json\/wp\/v2\/pages\/18"}],"wp:attachment":[{"href":"https:\/\/blog.uvm.edu\/newfarmer\/wp-json\/wp\/v2\/media?parent=376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}