types of farm records

Financial records 1. It shows the strength and weakness of a farm. They can be helpful when a farmer needs to access financial aids from banks or other financial institutions. The farm strength and weakness have to be found; this is possible when the farmer has the annual valuation record. Production records are items that relate to quantities of inputs and levels of production. A farmer most of the time is not able to give proper accounts on their cash inflows and outflows. regarding the farm operations. It will aid decision making to prepare the farm arrangement for the next production year. They can be changed to suit your particular needs. And then summed up at the end of the month and at the end of the year. These records serve for future planning of the farm activities. Financial institution and other lenders would want good records on the farm’s income and expenditure before giving out loan facilities to farmers. Skip to content. Farm Record KeepingSystems two kinds of record keeping systems: ―single entry‖ and ―double entry‖; ―double-entry‖ method is a perfected system with built-in cross checks and automatic balancing; for the purpose of farming, ―single- entry‖ record keeping is advised; this will still provide you with the basic … Introduction to Business studies. In the case of livestock, the farm keeps records of the bloodline, pest, and diseases, feed types and consumption, etc. This is mainly because they overlook and do not record “petty” expenses and incomes (like feeding and costs of phone calls). See instructions, Online Training, Suggested Notes, Schemes, Past Questions and Other Resources. 4. Two Agfacts have been produced to cover the topic of ‘records for beef producers’: 1. What are the types of farm record? Without record keeping successful dairy farming is not possible. They can be very helpful when a farmer needs to access financial aids from banks or other financial institutions. There are many records that needs to be kept in a farm,some of which are. Feeding 5. Agfact A2.8.1 Record keeping and management planning 2. Farmers need an accurate farm records system, bookkeeping, and financial planning system to track all of the farms business activities. Animal identification records : such as identification number, tag numbers,date of birth, sex, calving date, date of purchase, date of death etc. In the case of livestock, the farm keeps farm records of the bloodlines, pest, and diseases, feed types and consumption, etc. Some local properties have their own daily rainfall record going back over a hundred years. There are various types of farm records which include:- 1) Daily farm records: These are records of important events and activities that take place on the farm every day. Annual valuation record4. If a farmer has cows for milk production, he keeps records of the cows gave how much amount of liters of milk produced per day. Farm records help a farmer to keep stock and manage each feature of the farm properly. Learn farm records with free interactive flashcards. Keeping farm records is an important part in farming. a document (in most cases a book) that is used to keep account of different activities FIRST TERM E –… FIRST TERM EXAMINATION SUBJECT: SOCIAL STUDIES. Minutes should be taken for all meetings, especially the annual general meeting (AGM) and management committee, as they serve as record of what happened during a meeting (see also Meetings). 3. 3. 5…………………. This record is used for maintaining an inventory of the types of animal feed and the quantity purchased, used, and quantity in stock on a daily basis. It helps the farmer to get loans and subsidies from the government. Crop farm — These farms grow fruits, vegetables, or grain. To see this page as it is meant to appear, please enable your Javascript! It enables farmers to create better management and decision. Farm input utilization record 8. Keeping accurate records will at any time of reconciliation, give the farmer the accurate amount of money spent or gained from the farm. Four main types of farm records are financial, machinery repairs/maintenance, crop production, and livestock production records. They are very important for planning and budgeting. Payroll and labour record 7. Ward records 4. There are two things a farmer needs to have for proper farm management, farm records and farm accounts, especially for commercial farmers. They are important for accurate farm management. A farmer who keeps records on seed germination rates of the seeds bought is in a better position to choose better seeds for seasons. Feeding 5. Cooperative farming as type of farming organization rather than family farming should be encouraged and this would prompt the farmers to keep written farm records… Management Purposes: If you have good farm records this will enable to plan and manage your farm efficiently. Farm inventory 5. Keeping both farm records and farm accounts is vital if you are going to be successful in the farming business. Identification Records. Types of farm livestock record keeping and their uses. It shows the level of input application and it is used in combination with output record to determine resource productivity. The level of detail recorded in the mi… The structure of a Type 1 farm is exemplified in Figure 2.5 below. Farmers keep different records of livestock for every type of livestock on the farm. These records will be needed to verify if your business has been performing as required. It helps the farmers to create budgets and plan his business. Besides, records keeping helps to decide the right type of crop to grow on a particular type of soil, at a particular time of the season for best yield and better pest and disease management. This is one of the types of farm records a good farmer must take note, cash book, and payment receipt is a farm record book of all financial transactions, both income and expenditure, of the farm. This farm accounting record is the record most farmers tend to keep; however, the aforementioned records are prerequisite to this record. Types of Farm Records and Reasons for Keeping Farm Records Types of Farm Records and Reasons for Keeping Farm Records Edu Delight Tutors. Types of farm records and reasons for keeping farm records, Types of books that are kept in the farm for record keeping, Pupils have been taught various types of chicken diseases and illness, Behavioural Objectives :  At the end of the lesson, the pupils should be able to, Farm Records are books or paper documents that are kept by farmers and farm workers for the purpose of keeping daily or regular records of events or activities on the farm, Mention five types of Farm records that you know. Used for recording the date the land was arranged for farming, the number of plots or hectares used in planting, the plants planted on the farm and where they are planted. Disease and treatment records 6. The records have to be accurate and up to date reflecting on all activities that occur on the farm. You have entered an incorrect email address! Breeding 3. Besides, records keeping help to decide the right type of crop to grow on a particular type of soil, at a particular time of the season for best yield and better pest and disease management. The major types of records which are all described below: 1. ADVERTISEMENTS: Title: Familiarity with different records maintained in a dairy farm. Helps in systematic breeding programme for improvement of herd. In budgeting, the farmer can better predict price changes of inputs and make from expenditure and sales records kept from previous seasons. It explains the success rate of the farm during the production year. Sorry, your blog cannot share posts by email. Profit and loss record The most common production records used are crop cultivation records, livestock production, labour and machinery records. It is imperative that at the end of every production year, a farmer should evaluate his or her venture to know the current state of the business. Identification 2. Obviously this is more useful for peppers, tomatoes, squash, rather than greens, herbs, etc.” •“For highly diversified farms, such as a CSA farm or farmers market grower, I suggest unit tracking with … We advise farmers to keep an easy rain gauge and thermometer for the measurements of rainfall amount and temperature respectively. It’s always important to have farm records as a farm manager because; Loan Applications: When you want to expand your farming business, you will want to have good records to present to the bank. 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