Farm Accounting

Farm Accounting (commonly known as Primary Production) is a specialist area that requires an understanding of specific business, financial and taxation issues. The treatment of livestock, cropping and agistment income can be peculiar, especially when there is a special event such as a natural disaster (e.g. fire or drought). At Stewart, Tracy & Mylon we keep abreast of the developments in both the rural and accounting industries, ensuring we are uniquely placed to provide up-to-date, accurate advice.

 

Our services include:

  • Farm budgeting and cash flows
  • Farm sales and purchases
  • Ownership structures
  • Preparation of financial statements
  • Taxation
  • Seasonal planning
  • Succession planning
  • Assistance with hire purchase, lease or chattel mortgage for vehicles, farm equipment and machinery