Download QuickBooks Chart of Accounts for Agriculture, Ranching, and Farming

Setting up a chart of accounts in QuickBooks for farmers and other companies in the agriculture and ranching industry is easy.

Companies involved in agriculture or ranching usually deal with either growing produce such as fruits, vegetables, and grains, or they deal with raising livestock like cows, chickens, and turkeys.

We offer you to download a free PDF with QuickBooks chart of accounts for agriculture, ranching, and farming.

QuickBooks Chart of Accounts for Farming, Ranching, and AgricultureSome accounts will carry over to all parts of the industry. For example, transporting food is very expensive, so all agricultural companies should have expense accounts for the following: freight and trucking, gasoline, fuel, and oil, storage and warehousing.

Farmers should have an income account for program payments and for fuel and tax credits as well, as the US government will often offer relief for the companies that help feed the country.

Other accounts will vary depending on what kind of products the company sells and how the company does business. If you make money from farmers markets, you should create an income account for that. If you sell produce, you should have an income account for crop sales and expense accounts for seeds, plants, chemicals and other fertilizers that are required to grow your crops. If you raise livestock, you should have an income account for livestock sales and expense accounts for feed, veterinary and breeding expenses.

Download a free PDF on how to customize your QuickBooks file and accounts.

By | 2017-03-20T11:26:46+00:00 March 17th, 2012|0 Comments

About the Author:

Gita Faust is a principal of Fast Trac Consulting and has authored series of courses Manage Properties with QuickBooks providing step-by-step guidance for real estate and property management industry. Gita is an Intuit Premier Reseller, an Advanced Certified QuickBooks ProAdvisor, and a member of Intuit’s Trainer/Writer Network. She is also certified in Intuit’s QuickBooks Enterprise and QuickBooks Point of Sale.

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