Farm Business & Financial Management
Farm Annual Financial Summary Template
A section outline for a yearly financial summary of the farm, pulling together income, costs, assets and debts. Helps owners see the year clearly and plan the next one.
TemplateFarm Business & Financial ManagementFree PDF
Sections on this template
- Year covered and method used
- Total income by enterprise
- Total expenses by category
- Net farm income
- Assets at year end
- Debts at year end
- Changes from last year
- Main lessons learned
- Plans for next year
How to use this template
Complete it by hand or retype the headings into your own document. Keep one signed copy on file and give a copy to everyone it affects.
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 eXtension and USDA Economic Research Service.
For more in this area, see the farm loans, grants and taxes. Between chores, farm.FM has farm humor, including Fancy on the Farm Just Fails, and agribusiness farm stories.