Dr. Kenneth W. Stokes, Dallas Extesnion economist, explained that not many producers prefer the activity of balancing the financial books. People get flustered and upset.
Some people avoid it like the plague.
For those people adverse to record keeping, Stokes recomends they hire it done. But those who are comfortable with it, keep their checkbook up to date and reconcile their checkbook every month, and write the numbers down in some book to summarize them, then they should consider using computers to save themselves time. One computer program that is becoming increasingly popular in the agricultural industry is Quicken, a commercially available program that can be bought in virtually any computer or discount store. We can do a very simple checkbook only record keeping and summarizing or we can use it to keep tract of employee finances and pay roll reports, and also to record and summarize enterprise cost. The program helps them save time in all financial transaction areas.