Dave, with all due respect- you try to complicate things WAY too much. I still do my records by hand, almost 40 years with the MN Farm Account book. Puters are fine, especially when it comes to enterprise analysis, but I like hard copies for bookkeeping, and I can flip pages to find the totals for every enterprise. Been fine with my CPA firm for 22 years- no audits. Fertilizer and chem is ok in two totals, or even one- they are both crop expenses. Have never broken it down beyond that, like you are asking. It sounds like you do your own taxes- I would never do that...,simply don"t know enough about tax law to consider that, and the CPA cost is more than worth it. In going through his packet each year, I know I couldn"t keep up with that, and know that his cost is way less than what I would miss out on, by myself.
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