Consider Dual Monitors

Not just the domain of hard-core gamers and stock brokers, using dual monitors has a place in every farm office. You can search for things online, (like your bank statements or an invoice) and enter data into your bookkeeping or crop record keeping or spreadsheet program etc on the other. You can keep an eye…

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Managing Interest Costs with Good Cash Management

Interest rates are at the lowest point on record, however for many businesses, cash could well be close to the lowest point on record too.  Just a little reminder about interest costs with a few examples of how managing cash can reduce your overall interest cost. In these examples we assume an overdraft interest rate…

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Account Categories

Account categories, also known as the chart of accounts are the categories we sort our income and expenditure as well as assets and liabilities into. At the beginning of the financial year it is a good exercise to review them to see if they are fit for purpose.  It’s a bit like a goldilocks scenario.…

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Crop Insurance – Time to review your strategy?

It is a pretty typical practice to develop a strategy position on crop insurance. Some people fully insure all crops every year. Some people always partially insure, perhaps choosing only some paddocks or some crop types or under insuring their maximum yield or price. Some never insure, in effect self-insuring, the money saved in premiums…

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Sort out your office in just 10 minutes

Let’ do a quick 10 minute clean out of the office. It’s not Marie Condo – if we asked “does this spark joy” there would be little left in this room. For this cleanout you need a bin bag, a washing basket and a sturdy cardboard or plastic box. Start your timer.  Rubbish goes in…

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