Computerized Farm Record Keeping with Quicken® 2003

Bulletin 908

Data Entry

The following examples cover common farm business transactions. We start with simple single category transactions and move to more complex multiple category income and expense transactions. You will learn how to enter, edit, void and memorize transactions.

Example 6: Entering A Rebate

You receive a rebate check from Monsanto for $8.00 per gallon for each gallon of Roundup herbicide you purchased this year.

Num:	Click on Num field, Click Deposit.
Date:	Click the Date field. Use the "+" key to advance the date one day at a time or the "-" key to backup one day at a time.
Payee:	Click on the Payee field, Type Monsanto.
Payment:	Click on the Deposit field, Type 400.00.
Category/Class:	Click the down arrow in the Category field, Click Chemicals, Type /s. Click in the Memo field and Type Rebate $8/gal, 50 gal. Roundup,
Record:	Click Enter.

**Note** What happens to your Soybean Chemical Expenses when this rebate is applied? An income amount (deposit) with an expense category reduces the over-all total in that expense category. Below is a transaction report for soybean chemicals (for more information on reports see the Reports chapter). As you can see, the $400.00 rebate reduced soybean chemical expenses from $2,000.00 to $1,600.00.

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