Travis Johnson wrote:I am not sure though...
With me, the Banks and USDA asked me for this or that on a grant, and i had the information right at hand, and they were shocked. It is the one thing they kind of count on to deny you a loan or a grant, "Oh sorry, you have to have this or that", and when I had the information they wanted, like 3 years of income and farm expenses, and a Schedule F with my taxes, they were kid of at a loss, because they could not just blow me off.
The problem is, you have to track that information BEFORE they need it, and I think (no offense my dear friend) that is one of the biggest mistakes a hobby farmer/homesteader makes. Here is why, the USDA does not care if you make or do not make a lot of profit with farming. They want proof you are helping to grow food to feed a nation. When you do that, even if it is not a huge volume of food, you are contributing to the reason the USDA was created...to feed the country.
But again, you have to track the information BEFORE they need it.
elle sagenev wrote:On that same thought track Travis I've been wondering................
I keep a lot of receipts and emails with purchases. Should I try to rebuild everything I've already bought? I could probably rebuild a fair amount of what I've sold based on emails as well. Though not 100% of it. Plus how do you account for trades? I once traded 25 ducks for 2 pigs. I have no idea how to add that in. And what about when your beehive that you sold peachicks to purchase dies off. Do you count that as a loss?
Though now that I think of it my husband got an MBA so really, what did I marry him for if not to keep track of this stuff. HA! I kid!
elle sagenev wrote:I will have to better learn the lingo. It was a fun experience, applying. Even if I was rejected. We were really hoping to plant a million trees and get the excavator fixed out of the deal. Maybe next time!
I'll start the book keeping then. Man, my least favorite part!!! I'd rather scoop a million lbs of poop.
It's inspirational all the stuff you've done and managed! If I can do just half of that.
Travis Johnson wrote:
I love the book keeping aspect of things myself, and do not mind moving poo...but only if I have a tractor or excavator. On the latter part, I was sorry to hear your digger is down. That is a true shame because you know that I am really jealous of you for having that! What is wrong with it if you do not mind me asking. I suspect it might be the tracks, a common problem that is expensive to fix.
Alfrun Unndis wrote:I use gnucash, https://gnucash.org/, it's free accounting software available for windows, macs and linux. I use it for my household accounting but they say it can be use for businesses. It's pretty good and once you're used to it easy to use. They will of course accept donations if you like it but it's not obligatory.