Financial Record Keeping

  • close-up of person using a laptop computer

Financial planning and record keeping are essential business practices on every farm. Maintaining accurate records creates a written history of actions taken on the farm, minimizing risk and helping farmers make informed decisions that enhance the long-term profitability of the farm business. UNH Extension has developed a variety of resources and tools to empower farmers to maintain their records and understand the unique financial outlook of their farm.


Articles

Understanding the BOI Filing Requirements for New Hampshire Farms
If your farm is organized as an LLC, corporation, or similar entity, you may need to comply with the new Beneficial Ownership Information (BOI) filing... Learn More
NH Farm and Meatpacking Workers Eligible for Grant Funds
The Farm and Food Workers Relief Program is accepting applications from those who worked in the agricultural sector during the COVID-19 pandemic. New ... Learn More
Advice for farmers who have been using 2021 QuickBooks Desktop software
This blog post provides a comprehensive guide for farmers using QuickBooks Desktop 2021, detailing the implications of the software’s discontinuation,... Learn More

Resources

Our Farmers are Struggling, Farmer mental health challenges can result in loss of life, reduced ability to perform farm duties, lowered farmer quality... Learn More
The short and sweet of farm employment law in New Hampshire Learn More
Cultivating Farm Experiences is a four-part Zoom webinar series that examines agritourism. Each session focuses on the different aspects of incorporat... Learn More
We are excited about the completion of a multi-year effort to develop a Legal Guide for New Hampshire Agricultural Producers!  

The pro... Learn More
An LLC form of business ownership can be used as a tool to transfer a farm to another generation. It can also offer many protections that a sole propr... Learn More
The following two webinars were a part of the Risk Management Education Series hosted by UNH Cooperative Extension on March 2, 2017.

Ma... Learn More
The Future of the Farm: Estate & Succession Planning Webinar Series

Estate Planning often involves setting up a will and/or trust. ... Learn More
This Excel workbook is a tool for farmers that generates a cash flow budget, beginning and ending balance sheets, and a farm income statement.  It fur... Learn More
Introduction

Hiring a farm employee is an exciting moment. It means the farm is getting large enough and stable enough to take on addit... Learn More