In his own words:

Farm: Red Jacket Orchards Location: Geneva, N. Y. Owners: Joe Nicholson Produce: 500 acres of fruit

Red Jacket Orchards produces, packs and ships more than 500 acres of fruit, primarily throughout the Northeast. Part of the New York City Green Market System, the orchard also produces and distributes a line of fresh fruit juices. Joe Nicholson shared his business’s Agrifax® record-keeping solution with F.P. magazine:

“We enjoy tremendous advances in our internal accounting software. Employees can track sales data and receivables by day, even by customer. We can pull up reports in an instant — but, third party oversight is important to ensure that our accounting records are accurate.

“Our financial statements are only as good as the data behind them. So we rely on Farm Credit to assist us and to review our records. This way, we can correct errors, gain consistency throughout our records and maintain credibility with our lenders. In addition, our tax planning, historical comparisons and management decisions are based on sound records.

“Farm Credit’s financial service specialists are also very knowledgeable about the farming process, which is invaluable to us as an agricultural business. No question about it, we make better decisions with Agrifax.”

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

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