Posted by JD Seller on March 16, 2018 at 16:44:36 from (208.126.189.95):
In Reply to: Tax Time posted by 37chief on March 16, 2018 at 09:11:01:
Well I hate paperwork so I make darn sure it is done in a simple accurate manner so I do not have to do it twice. The farm records are easy as the one DIL is a CPA. Even though she only does our paperwork. She is very good with all of it. All expenses are on a business program. Equipment bought and sold is on a spread sheet. Cattle bought and sold are on another spread sheet. Real simple to see what a pen of cattle cost and what the sold for. She has the feed cost on a per pen basis. So we can real easily see how each pen does. Grain crops are kept track of farm by farm. Once again we can see what is going on.
I will tell anyone in any business this one thing. Good records are key to being successful over the long haul. You need to know what your have done well and what you have not done well. Then you can manage to be better.
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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