Importance of record keeping on a farm

Importance of record keeping on a farm

  • Tracking animal and worker healthy
  • Ensuring tax compliance
  • Tracking revenue and expenses
  • Financial requirements for lenders, government agencies and insurance
  • Farm planning and forecasting based on previous performance
  • Enable improvements on the farming methods
  • Help detect fraudulent practices on a farm
  • To show economic status of a farm

Good day

Dr. Bbosa Science

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