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  1. #1
    Join Date
    Feb 2012
    Location
    Phoenix, Arizona, USA
    Posts
    16

    Default Beekeeping Business Accounting

    Hello everyone!

    I am curious to know what people are using to keep track of their books. I have been selling honey, but also do swarm removals and hive cut-outs. Part of my business is retail, but part is also service. I have used Quickbooks in the past for a small business, but it's been about ten years, and thought there might be something that works better for beekeepers. Thanks in advance!

    Dan Punch

  2. #2
    Join Date
    Apr 2009
    Location
    Issaquah,WA,USA
    Posts
    2,383

    Default Re: Beekeeping Business Accounting

    If you keep track you will see how much you loose at your business.

  3. #3
    Join Date
    Dec 2011
    Location
    Bristol, Florida, USA
    Posts
    88

    Default Re: Beekeeping Business Accounting

    QuickBooks can do a very good job of you know how to set it up and you enter all your relavent information in a timely manner
    Gary

  4. #4
    Join Date
    Feb 2012
    Location
    Phoenix, Arizona, USA
    Posts
    16

    Default Re: Beekeeping Business Accounting

    Quote Originally Posted by BeeTax View Post
    QuickBooks can do a very good job of you know how to set it up and you enter all your relavent information in a timely manner
    Thank you, Gary. I might just go back to QB then.

  5. #5
    Join Date
    Aug 2012
    Location
    Wake County, NC
    Posts
    103

    Default Re: Beekeeping Business Accounting

    Quickbooks is an easy program.

  6. #6
    Join Date
    Nov 2008
    Location
    Nowthen,Minnesota, USA
    Posts
    183

    Default Re: Beekeeping Business Accounting

    When I turned my hobby into a business in 2009, I bought Quickbooks. It was overkill. But... As my business has matured, I'm glad that I have it. It makes my tax preparer happy as well.
    -Phil Domeier
    www.nowthenhoney.com

  7. #7
    Join Date
    Feb 2012
    Location
    Phoenix, Arizona, USA
    Posts
    16

    Default Re: Beekeeping Business Accounting

    Quote Originally Posted by EastSideBuzz View Post
    If you keep track you will see how much you loose at your business.
    That's EXACTLY why I want to keep track! I may just be charging too little for products and services and not know it!

  8. #8
    Join Date
    Dec 2005
    Location
    Brasher Falls, NY, USA
    Posts
    27,104

    Default Re: Beekeeping Business Accounting

    Quote Originally Posted by danpunch View Post
    That's EXACTLY why I want to keep track! I may just be charging too little for products and services and not know it!
    I can almost gaurantee you are charging too little. Just from what I have seen other beekeepers doing for years.

    Do you issue actual receipts for your services and honey sales? Keep track of the income and the expenses and get a tax accountant who understands agriculture and what you can do in an agricultural business which you can't in any other business. I'm sure Quickbooks is a good tool and the person suggesting its use correct.

    I'm glad to see you asking this question. It means you are transitioning from a hobby/smallscale mindset to a beekeeping businesslike mindset. Good.
    Mark Berninghausen #youmatter

  9. #9
    Join Date
    Mar 2011
    Location
    Utica, NY
    Posts
    9,494

    Default Re: Beekeeping Business Accounting

    Quote Originally Posted by sqkcrk View Post
    get a tax accountant who understands agriculture and what you can do in an agricultural business which you can't in any other business.
    What would that be?
    Brian Cardinal
    Zone 5a, Practicing non-intervention beekeeping

  10. #10
    Join Date
    Dec 1999
    Location
    DuPage County, Illinois USA
    Posts
    9,440

    Default Re: Beekeeping Business Accounting

    Have a honey yield.
    Regards, Barry

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