Beginning Farmer & Land Access
Beginning Farmer Profit & Loss Template
A profit and loss template for a beginning farm business. It lists income and expense categories by period so owners can see how the farm is performing.
LogBeginning Farmer & Land AccessFree PDF
What you record on this log
- Period
- Income source
- Income
- Expense type
- Expense
- Net result
How to use this log
A log is only useful if it is kept current, so keep it where the work happens and write the entry right away while the details are fresh.
Where to check the details
This sheet is a general template, so confirm specifics with your own manuals, labels and local rules. For current official guidance, start with IRS and farmdoc daily.
For more in this area, see the Farm Money and Grants. Between chores, farm.FM has farm humor, including Farmer Works 50 Years Growing Crops at a Loss, Makes First Profit When Suburban Family Pays $80 to Get Lost in His Cornfield, and agribusiness farm stories.