Austin Duerfeldt is the Southeast District Agricultural Economist Extension Educator specializing in accounting, financial analysis and taxation. Duerfeldt has a BS in public accounting with a minor in agricultural business and an MBA with an emphasis on agricultural economics. He served as Richardson County Treasurer from 2012 to 2017.
As Excel workbooks get more complex, it often becomes necessary to review different parts of a spreadsheet or different spreadsheets in the workbook at the same time. Using multiple windows can be a real time saver, helping users be more effective.
Understanding the IRS definition of family and its implications for your taxes is important when doing business with "related persons." This is one in a series of articles on Accounting for Agriculture.
From buying new equipment to countering your child’s request to stay up another 20 minutes, everyone negotiates. This series is designed to provide helpful tips and tricks to use and watch out for when negotiating. See more articles in this series.
If you walk into a negotiation pushing only your agenda and looking for your "Yes," you may miss out on crucial details and not end up where you think you should be. Getting to a well understood "Yes" is critical to good negotiations.
This series — Excel Pro Tips — covers some of the best formulas, tables, conditional formatting, and other processes to help users manage their record keeping more efficiently. This week it looks at conditional formatting,which can change the formatting of cells to provide fast visual cues to potential discrepancies.
Correctly allocating costs, such as those for producing grain to feed livestock, can help provide solid information for decision making. Less careful allocations can confuse actual costs and lead to unfortunate management decisions.