How to Set Up Your Farm Business

Steps to Complete

1. Guided Setup
   The setup process will guide you step by step. You can pause and resume at any time, picking up where you left off.

TIP: If you’re unsure where to find the required information, consult your accountant or bookkeeper.

Information You’ll Need

1. Farm Business

• Trading and legal name

• Entity type

• Effective farm area (ha)

2. Financial Information

• GST number (if registered)

• GST basis for returns

• GST return frequency

• End of the financial year

3. Bank Accounts

• Bank account number

• Opening bank balance (beginning of the financial year)

• Overdraft limit and rates

TIP: Once your bank account information is recorded, sign up for our free Bank Feeds service to automatically import transactions into your Farm Focus business.

Optional Settings

Users

• Add new users or update existing user permissions at any time.

Connectors

• If you’re a Farmlands shareholder, sign up for the free Farmlands Feed.

• Monthly invoices will automatically appear in your farm business for easy coding.

  
   

NOTE:

Having all key information ready beforehand will ensure a smoother setup process.