Workshop participants learn about the importance of record keeping and how to use QuickBooks from Bonnie Collins, Farm Business Management Resource Educator Cornell Cooperative Extension of Oneida County.
(Cazenovia, NY – Jan. 2014) On Monday Dec. 2 the New York State Center for Equine Business Development at Cazenovia College and Cornell Cooperative Extension of Madison County partnered up for their first of three business oriented workshops for local equine business owners.
QuickBooks for the Equine Business Owner was held at the Equine Education Center at Cazenovia College from 6 to 8 p.m. Amy Sherrick-von Schiller, Associate Professor of Equine Business Management at Cazenovia College and Bonnie S. Collins, Farm Business Management Resource Educator at Cornell Cooperative Extension of Oneida County were the presenters.
The topic of discussion was QuickBooks and the importance of record keeping for the equine business owner. The workshop was split into to two sections. The first area of discussion was about QuickBooks and record keeping, presented by Bonnie Collins. Bonnie explained how important record keeping is to an equine business owner. She then spoke about how QuickBooks can help equine business owners manage their records by giving them a tutorial of the software. Building invoices, writing checks, and creating different financial statements were covered.
Amy Sherrick-von Schiller presented the second half of the presentation. She discussed how important record keeping is to an equine business owner. She touched on three major sections: preparation of tax returns, preparing financial statements, and the importance of documenting your business plans. A main point she conveyed was documenting profit motives for equine business owners.
For more information about the workshop series or the New York State Center for Equine Business Development contact April Winslow at Cornell Cooperative Extension of Madison County, at 315-684-3001 e.111 or amh36@cornell.edu.
Article Written By Matthew Arias, Cazenovia College ’14 Equine Business Management & CCE of Madison County Intern
Article Submitted by April Winslow, CCE of Madison County Resource Educator