You’ll be guided through the steps and can stop at any point to come back later, picking up where you left off.
Before you get started, we recommend you have some key pieces of information ready to record in each section of the Setup chart.
TIP: If you are unsure where to get this information, have a chat with your accountant or bookkeeper.
Farm business
You’ll need:
Trading and legal name
Entity type
Effective farm area (ha)
Financial
You’ll need:
GST number (if registered)
GST basis for returns
GST return frequency
Your end-of-the-financial year
Bank accounts
You’ll need:
Bank account number
Opening bank balance at the beginning of the financial year
Overdraft limit and rates
Once you have recorded your bank account information, you can sign up for our free bank feeds service, which allows transactions to automatically arrive in your Farm Focus farm business.
Optional settings
Users:
You can add users or change existing user permissions to your farm business at any time.
Connectors:
If you are a Farmlands shareholder, you can also sign up for our free monthly Farmlands feed. Monthly invoices automatically appear in your farm business, all you need to do is code them.
What happens next?
Once you’ve created your farm business you can: