Basic Accounting: Guidance for Beginning Farmers

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By Hannah Lewis

Published: December 2012

Updated: n/a



12 pages


Good bookkeeping is critical to financial well-being for any business. It allows the business owner (the farmer) to see whether the business is profitable, set and monitor progress toward goals, and, above all, plan for the financial stability of the farm. The purpose of this publication is to make basic accounting approachable for people with little or no accounting experience and encourage new farmers to develop good recordkeeping habits at the outset.

Table of Contents

Annual Cash Flow Budget
Statement of Cash Flows
Income Statement
Balance Sheet
Further Resources
Appendix 1: Cash Flow Budget Template
Appendix 2: Income Statement Template
Appendix 3: Sales Log Template
Appendix 4: Balance Sheet Template

Note: Digital downloads are in full color. Printed, mailed copies are only available in black & white.


This page was last updated on: May 7, 2019