Extension Training for Farm Record-Keeping Software November 27, 2017
Tune up your farm and ranch record-keeping skills at Nebraska Extension training opportunities this December at the Panhandle Research and Education Center in Scottsbluff. Two workshops are available for Quicken and one workshop remains for QuickBooks.
Using Quicken for Ag Enterprises
Nebraska Extension educators will teach how to use Quicken, a commercial record-keeping package. Quicken is flexible for ag and non-ag business enterprises and separates out family living expenses.
Upcoming workshops will be:
- Wednesday, December 20: 5:30-8:30 p.m. To register call Jessica Groskopf 308-632-1247
- Thursday, December 21: 9-11:30 a.m. To register call Jessica Groskopf 308-632-1247
Quicken’s checkbook register makes for a familiar environment to begin computerized record-keeping. Quicken comes with home and general business income and expense categories, but educators will show how to easily import farm categories to match the tax Schedule F.
Quicken allows organization of finances by category and subclasses, but also a tag feature that is useful for splitting enterprises, by partnership share, or by ranch. Quicken allows users to split transactions, so one check written at a local gas station can be divided among several expenses: fast food, oil for the tractor, and farm fuel for the feed pickup.
Reports such as transactions, cash flow, account balances, balance sheet, comparison, and tax summary, can easily generated, information filtered and layout modified. Quicken files can also be exported to QuickBooks®, used by many tax accountants.
The hands-on training will include computer time with Quicken. Educators will also show how to run reports helpful for financial decisions.
These workshops are limited to 10 participants. The cost is $20 per participant.
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Using QuickBooks for Ag Enterprises
The basics of using QuickBooks financial software for farm and ranch management will be taught in a workshop Friday, December 15 at Scottsbluff.
The workshop will run from 9 a.m. to 5 p.m. at the UNL Panhandle Research and Extension Center, 4502 Avenue I. To register call Jessica Groskopf at 308-632-1247.
Jerry Terwilliger of the Center for Rural Affairs teaches the basics of desktop QuickBooks, focusing on the record-keeping needs of farmers and ranchers. Participants will learn how to input transactions, use accounts, categories, inventories and invoices, and run common reports.
Cost is $55 per participant. Class size is limited to five participants.
This workshop is being offered by Nebraska Extension in collaboration with the Center for Rural Affairs Rural Enterprise Assistance Project and the SBA Women’s Business Center.