In their own words:

Farm: Jenkins Farms Location: Arkport, N. Y. Owners: Keith & Fay Jenkins Produce: Year-round farm market and deli, vegetable farm, trucking and truck repair

Keith and Fay Jenkins operate a farm market and deli along
with their vegetable farm, trucking and truck repair businesses.
Keith and Fay talk about their Agrifax® record-keeping solution for managing multiple enterprises.

“Diverse entities can sustain a profitable business, but they
need an efficient record-keeping system to point out which
areas are making money.

“We’ve used Quickbooks® for years. When we brought our
tax return to Farm Credit two years ago, John Farber recommended some changes to our record-keeping system along with accounting reviews and on-farm support. His expertise has
made a big difference for us.

“John helps us keep accurate QuickBooks records by each
entity. He developed a system that is less cumbersome for us
and also offers us all the detail we need. We track inventory of
big ticket items, from purchase to point of sale, and input
receivables and payables, which allows us to accurately monitor
the seasonal aspects of our business. We can also monitor our
month-to-month, year-to-date or prior years’ comparisons.

“Keith and I have limited time. So we like that our information
is available to us on a cash and accrual basis.

Contact us at info@farmcreditwny.com for more information on how we can help you simplify your financial accounting.

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