The QuickBooks Farm Accounting Cookbook(tm), Volume III

Download or read book The QuickBooks Farm Accounting Cookbook(tm), Volume III written by Mark Wilsdorf and published by . This book was released on 2018-03-15 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume III in the QuickBooks Cookbook(tm) series focuses on accounting for purchases, sales, and inventories of farm/ranch resale items such as resale livestock and produce. Written for anyone who does accounting for a farm, ranch, produce operation, and other agricultural enterprise, it shows how to set up QuickBooks to track resale items and do the required income tax accounting for them almost automatically, just by entering purchases and sales. It provides step-by-step procedures for a wide range of farm resale item purchase, sale, and inventory activities and situations including: purchases; sales; inventory management and adjustments for spoilage, thefts, livestock deaths, and other inventory losses; closing out QuickBooks inventories to match physical inventories; personal use and gifting of resale items; inventory information and reports for inventory Items; and much more.