FRESNO, California – In today’s agribusiness the options for technology abound including the accounting and payroll arenas. Still doing things by hand? Perhaps you’re using generic software as opposed to a program designed for ag cost accounting. With no “one-size-fits-all’ solution in ag accounting software, there is still the opportunity for true organization and time savings with a flexible software system designed for agriculture.
A recent study, showed that Agriculture is an industry where not much time is wasted, less than one hour a day. That maybe in the field, but where time does get wasted is in the farm office. Spending hours of time organizing accounts payable and receivable, getting payroll right is much harder and time consuming today giving the complexities of rest and recovery time, sick pay and reporting health insurance coverage. Today more than ever getting organized with the business of agriculture is more difficult and the need for ag accounting software has increased.
Isaac Davidian, President of Datatech, has been in ag accounting since the late 70’s and saw the need to automate many of the ag accounting functions for his then employer. In 1980, Datatech was born and software that was more organized for financial reporting than at the general ledger level. Says Davidian, “For instance, you might have one or two accounts set up for wages. But for cost accounting purposes, there are many jobs that are performed that you want to be able to keep track of how much each activity costs.” A flexible cost accounting system will allow you to handle the options for doing this and so much more. Thus saving time with added organization and better overall financial reporting.
So how do agribusinesses get organized for fertilizer, wages, payroll taxes, worker’s comp insurance for labor performed in the field? Those are direct costs and can easily be attributed to a cost center. But what about indirect costs? Organizing ‘overhead cost centers’ is a solution and a flexible software application designed for this makes it all so much easier.
Take some time and look at Datatech’s ‘Solutions Guides’ online at DatatechAg.com. Getting organized takes some time, but in the long run, it’s worth the time spent now for the time savings moving forward. Get the solutions your operation requires so you can report your data accurately and have your data real-time at your fingertips, when you want it.
Datatech serves agribusinesses across America. Hundreds of Farmers, growers, packers/shippers/brokers and labor contractors use Datatech’s ag accounting software solutions to get organized and save time everyday of the year.