Finance

Flexibility is the key to new farm accounts software

For farmers, accounting software is a vital tool in their business administration but you’re not alone if your current accounts program doesn’t quite meet your unique farm’s needs. SUM-IT’s brand new TOTAL2 Accounts software has been specifically developed to handle every aspect of farm accounts.

Launched at LAMMA, TOTAL2 Accounts is the first module to be released in the next generation of TOTAL2 software, providing a wide degree of versatility to suit any size or type of farm enterprise. SUM-IT’s Sales Director, Ben John, explains:” One of the most important factors with all software these days is accessibility and we knew that while many of our users will benefit from operating TOTAL2 Accounts in the Cloud, there are a considerable proportion of SUM-IT users based in rural locations with weak broadband service and therefore running their accounts in the Cloud just isn’t an option for them. It was therefore critical to provide the flexibility of both Cloud and Local options with our new TOTAL2 platform”.

TOTAL2 Accounts provides both cashbook and full accounting modes, so you can either keep it very simple with recording your paid purchases and receipts or have the flexibility to enter unpaid invoices, get the VAT reclaimed and track what’s outstanding at any time. Either way, you are able to analyse individual enterprise gross margins and specific machinery costings at the click of a button.

Full links to HMRC’s Making Tax Digital service take care of the VAT Returns and will address MTD ITSA submissions when they start in 2024.

Accountants also get a free Auditor version of TOTAL2 Accounts software to either log into their client’s data online, once authorised by the client, or access an emailed copy of the data, making it easy to view the data for Year-End Auditing.

For further information please visit www.sum-it.co.uk or call SUM-IT on 01844 213003.

finance ABP announces £1.5 million investment in beef & lamb sustainability programme

ABP has today announced an investment of £1.5 million in a unique sustainability programme which will support 350 of its farmer suppliers, and share wider learnings across the UK beef and sheep sectors.

The new programme, called PRISM 2030, will provide farmers with a support framework initially over 2-3 years. The aim of the programme is to help participants to improve their carbon footprint and sustainability across the entirety of the farm. The detailed programme will include assessment of carbon footprint, soil health, water use and support biodiversity creation and resource efficiency.

Support from Harper Adams University and The Andersons Centre will ensure that farmers have direct and ongoing access to, and feedback from, the very latest environmental innovations and methodologies. A sustainability grant will also be available, alongside peer-to-peer learning and expert advice throughout.

Commenting, Dean Holroyd, Group Technical and Sustainability Director for ABP, said; “British red meat production is amongst the most sustainable in the world, but we can and must do more because as an industry, we are well placed to be part of the climate solution.”

“So we want to build on this position of strength, and while