Economics Research Institute Study Paper
Utah State University Department of Economics
The purpose of this document is to demonstrate how Quicken, a popular checkbook management software program, can be used to keep a set of records for the farm business that will measure profits, liquidity, and solvency. It is based on an example farm used in the Business Management in Agriculture (BMA) series of videos and workbooks developed in the late 1980·s. It will best be understood if used as a study guide, and that entries actually be made in Quicken as they are encountered in the guide. By they time you complete this exercise, you will have a much better idea how to keep records on your farm, and how useful the reports will be in managing your farm or ranch operation.
Bond, Larry, "Using Quicken as a Farm Accounting System With Accrual-Adjusted Financial Statements From Cash Basis Financial Records" (1995). Economic Research Institute Study Papers. Paper 51.