Expenses
Categories
Organize by type
Overview
Organize expenses into categories for better tracking and reporting. Proper categorization helps with financial analysis and tax preparation.
Expense Categories
Common expense categories for farm operations:
Live DemoCategory List
Available expense categories.
- Seeds & Plants15 expenses$1250.00
- Fertilizers8 expenses$890.00
- Fuel24 expenses$1450.00
- Labor12 expenses$4200.00
- Equipment6 expenses$780.00
- Supplies32 expenses$520.00
Category Guidelines
- Seeds & Plants: Seeds, transplants, cover crops
- Fertilizers: All soil amendments and fertilizers
- Fuel: Gas, diesel, propane for equipment
- Labor: Wages and contractor payments
- Equipment: Repairs, parts, and new equipment
- Supplies: Packaging, tools, misc supplies
Tips for Categories
- Be consistent: Always use the same category for similar expenses.
- Match tax forms: Align categories with Schedule F lines.
- Review monthly: Check categorization accuracy regularly.