FarmRaise is a comprehensive financial management platform tailored specifically for farmers, designed to simplify and streamline farm finances. It offers a suite of tools that assist in tracking income and expenses, automating transaction imports, generating invoices, and preparing IRS Schedule F for tax purposes. Additionally, FarmRaise provides access to a comprehensive Farm Funding Library, offering funding alerts to help farmers secure financial resources. For larger operations, the platform includes payroll management features, such as unlimited payroll runs for up to 10 workers, automated tax calculations, and compliance with Department of Labor regulations. By consolidating these essential financial tasks into a single, user-friendly interface, FarmRaise empowers farmers to focus more on their agricultural activities and less on administrative burdens.
Key Features:
- Income and expense tracking
- Automatic transaction imports from bank or credit card accounts
- Invoice creation and management
- IRS Schedule F generation for tax purposes
- Income statements and balance sheets
- Inventory and asset management
- Access to a comprehensive Farm Funding Library with funding alerts
- Payroll management for up to 10 workers, including automated tax calculations and compliance features
Primary Value:
FarmRaise addresses the unique financial management challenges faced by farmers by providing an all-in-one platform that simplifies accounting, tax preparation, and payroll processes. This enables farmers to efficiently manage their finances, ensure compliance with tax regulations, and access funding opportunities, ultimately allowing them to dedicate more time and resources to their core agricultural operations.