Agribusiness accounting complexities come from many places.
First, many agribusiness organizations are organized with many smaller companies underneath a parent organization. This means that a multitude of LLC’s may roll up into a parent companies, requiring certain consolidations or shared accounting.
Next, many agribusiness organizations have mixed ownership across multiple assets. This may make accounting system that can create P & L’s by asset and in aggregate more critical as profit and risk sharing must be reported on in a timely fashion.
Finally, reporting in a manner to meet bank covenants means that your accounting system must be reliable so that your organization can meet its obligations and requirements.
The US Agri Accounting and Finance capabilities begin with a General Ledger that allows you to structure your accounting in a way that makes sense for the industry and your business.
Accounting department can focus on real time financial analysis as data is integrated between farming, packing, and sales operations. With the ability to structure reporting for business unit, department, and geographical based break downs, your team is able to drill down to transaction level detail.
Budget and pro forma statements allow management the data they need to both plan and re-adjust based on performance. The US Agri Accounting and Finance capabilities include comprehensive financial consolidations, accurate financial reporting and analysis across multiple business entities
Your Accounting and Finance team members can also create and track multiple budgets and compare to your organization’s actual performance utilizing data gathered from all departments automatically.
To receive a complimentary demo and learn how US Agri can help your business, please email us at [email protected].