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Personal Farming Tax Workbook is a tool that will decrease the time your accountant takes to complete your farm schedule on your return. The basic workbook inlcudes:

  • Income summary page that your accountant will use to complete your personal farm schedule. I        have tailored it based on income and expense reflected on this schedule T2042.
  • Income and expense transaction tracking working paper, with drop down functions. All amounts  pull to summary page. A section for farm vs personal percentage of expenses
  •  Ending Inventory tracking working paper
  • Grain conversion working paper
  • GST return working paper
  • Medical expenses tracking working paper
  • Capital asset Tracking working paper

PLUS:

  • Bank reconcilation work paper to ensure you are capturing all your transactions
  • Separate working paper for credit card transactions that calculates the running balance

Personal Farm Bookkeeping and Tax Workbook (Elevated) - Using Sch T2042

C$55.00Price
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