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Farm Record Keeping Essentials
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Flashcards
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Equipment Maintenance Records
Information to include: Equipment details, maintenance schedules, repair histories, and associated costs. Importance: Prolongs equipment life, ensures operational readiness, and aids in budgeting for repairs and replacements.
Expense Records
Information to include: Type of expense, amount, date of transaction, and vendor details. Importance: Enables budget management, tax deductions, and identifying cost saving opportunities.
Soil Test Records
Information to include: Test dates, sampled locations, nutrient levels, and pH balances. Importance: Vital for informed soil management, appropriate fertilization, and sustaining soil health.
Pesticide Use Records
Information to include: Product names, application dates, rates, and targeted pests or diseases. Importance: Ensures proper usage, regulatory compliance, and safety measures.
Income Records
Information to include: Sources of income, amount received, and date of transaction. Importance: Helps in financial planning, tax filing, and evaluating profit centers on the farm.
Inventory Records
Information to include: Type and quantity of items, purchase date, and value. Importance: Aids in tracking assets, assessing farm productivity, and planning for future needs.
Livestock Records
Information to include: Animal identification, breed, birth records, health and vaccination records. Importance: Essential for breeding management, health monitoring, and regulatory compliance.
Crop Production Records
Information to include: Type of crops, planting and harvest dates, yields, and applied inputs. Importance: Useful for analyzing crop performance, planning rotations, and optimizing input usage.
Labor Records
Information to include: Employee names, hours worked, wage rates, and job descriptions. Importance: Helps manage payroll, comply with labour laws, and evaluate labor efficiency.
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