Computerized Farm Record Keeping with Quicken® 2002

Bulletin 897-02

Reports

Using a computer to keep your farm records makes record keeping easier. It allows you to make greater use of your farm record data. Time savings may be the greatest benefit. While you may not save time during the data entry stage, the time savings and improved accuracy in the report stage will be significant. The examples in this chapter show some of the common business reports useful in analyzing your farm business.

The following reports can be found in the Reports and Graphs Center.

Select a Topic:	Report or Graph Name:
Easy Answer Reports and Graphs Use Easy Answer Reports and Graphs to answer common questions	Where did I spend my money during the period? How much did I spend on? How much did I pay to? Am I saving more or less? Has my spending changed in this category? What am I worth? Did I meet my budget? What taxable events occurred? How is this investment performing? What are my investments worth?
Memorized Reports and Graphs	After customizing a report or graph you can memorize it for future use. To access your list of memorized reports and graphs, Click Reports, Click Reports and Graph Center, Click Memorized reports and graphs.
What Do I Own and Owe	Account Balances Account balances summary. Net Worth Assets and liabilities based on account balances.
How am I spending my money?	Banking Summary Income/expenses by category (or other item). Budget Annual actual income/expenses against budget. Cash Flow Cash coming in and going out by category. Cash Flow Comparison Cash coming in and going out by category for two time periods. Income/Expense Inocme and expense summary by category. Income/Expense Comparison Income/expenses by category for two time periods. Itemized Categories Transactions subtotaled by category. Missing Checks Transactions and notice of missing/duplicate checks. Monthly Budget Monthly actual income/expenses against budget. Spending Spending summary by expense category.
How are my investments doing?	Capital Gains Realized gains in security sold. Investment Asset Allocation Portfolio allocation by asset class. Investment Income Investment income/expense summary by category. Investment Performance Investment returns (internal rate of return). Investment Transactions Investment transactions by date. Portfolio Value Value of securities in investment accounts.
What is my tax situation?	Capital Gains Realized gains on securities sold. Tax Schedule Transactions subtotaled by tax line item. Tax Summary Tax-related transactions.
How is my business doing?	Accounts Payable Bills to pay by creditor. Accounts Receivable Payments due by customer. Balance Sheet Equity based on assets and liabilities. Cash Flow Cash coming in and going out by category. Cash Flow Comparison Cash coming in and going out by category for two time periods. Missing Checks Transactions and notice of missing/duplicate checks. Payroll Payroll income and expense by employee. Profit and Loss Comparison Profit and loss by category compared for two time periods. Profit and Loss Statement Profit and loss by category.