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The cost accounting system in the Farmer’s Office is designed for the unique requirements of farming operations. Income, expenses and profitability are tracked by cost center and crop year, independent of the calendar year or the fiscal year in the general ledger.
Cost centers may be established for each block, field, variety, crop, or ranch. Overhead cost centers automatically distribute expenses to subsidiary cost centers according to user defined percentages.
Cost accounting reports provide a per acre and per yield analysis as well as comparisons between cost centers and crop years. Budgets may also be established for each cost center and comparisons to budget made.
"Cost Accounting" is part of the The Farmer's Office line of products, developed by Datatech.