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