Recording an expense payment To record payment for an expense, such as a power bill: Click the plus sign (+) in the orange banner at the ...

Recording a Grain Sale with Deductions To record a grain sale with deductions, go to the Transaction screen. You can access this screen by using the orange + ...

Entering Prepaid Expenses Prepaid expenses can include items such as prepaid inputs (seed, chemical, fertilizer, etc.) or other expenses (insurance, property taxes, etc.). The best practice ...

1. When entering a co-op equity statement into AgExpert Accounting always refer to the figures located under the equity column. 2. Click the orange quick action ...

To add interest to an outstanding invoice you are charging to a customer: 1. Click the plus sign (+) in the orange banner at the top ...

Entering Corporate Tax Transactions When working with corporate tax payments, remember that these payments are not expenses. Instead, they are paying off a balance that already exists. ...

Operating Leases vs. Capital Leases The two major types of leases you will come across are operating leases and capital leases. Each type of lease will be ...

Working with AgriInvest Accounts – Asset Method AgriInvest helps you manage small income declines and provides support for investments to mitigate risks or improve market income. Your ...

Working with AgriInvest Accounts – Bank Method AgriInvest helps you manage small income declines and provides support for investments to mitigate risks or improve market income. Your ...

Recording a purchase of goods on credit 1. Click the plus sign (+) in the orange banner at the top right of your screen and select Payable ...

Recording a sale of goods on credit 1. Click the plus sign (+) in the orange banner at the top right of your screen and select Receivable ...

Recording a Canadian Canola Growers Association advance Canadian Canola Growers Association (CCGA) advances are available to producers in Alberta, British Columbia, Manitoba and Saskatchewan who grow eligible crops. ...

Recording Intercompany Transactions To track the balance of transfers between two companies, including cash payments, purchases, and sales, you must set up a liability named “Due to/from (company ...

Since the abolishment of the penny, all cash sales are now being rounded to the nearest five cents. If you take in any sales in cash, you will need to ...

Recording UFA Equity Statements When entering a UFA Equity Statement, look at each number individually to help you build your entry. Each number on your statement is ...

Recording a personal deposit to a farm chequing account Generally, it is best practice to have separate bank accounts for farm funds and ...

Recording a Land Purchase Your land purchase should be recorded from the Statement of Adjustments that you receive from your lawyer. All the information included on the ...

To transfer funds from your Canadian dollar bank account to your U.S. dollar bank account you must record two separate transactions, one for the withdrawal of funds and the second for ...

Recording the purchase of a capital asset financed through a dealership There are many different scenarios in which a capital asset is purchased and paid for. The chronological ...

There are many different scenarios in which a capital asset is purchased and paid for. The chronological sequence of methods of payment is important to note beforehand as this serves as ...

There are many different scenarios in which a capital asset is purchased and paid for. The chronological sequence of methods of payment is important to note beforehand as this serves as ...

Sometimes a receivable or payable charge is overpaid, meaning you either paid or received more money than was originally owing. Here’s how to record those overpayments in AgExpert Accounting:  ...