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An annual cash budget details cash received and cash expenses going out. It indicates if the business is sustainable and estimates any cash surplus or deficit for the season.
Download the template and an example farm budget below:
Annual Cash Budget
Resources
Budgets
An annual cash budget details cash received and cash expenses going out. It indicates if the business is sustainable and estimates any cash surplus or deficit.
Annual Cash Budget Example
Resources
Budgets
An example farm budget of an average NZ owner-operator.
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Starting your budget
Budgeting for your dairy farm is all about planning your income and expenses. Remember to account for every source of income, such as milk and stock sales, and all outgoings, like farm expenses, loan repayments, and tax.
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Cash management
A cash management system, or cashbook, is vital for monitoring all payments and receipts, keeping track of compliance requirements, and managing day-to-day finances effectively.
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Budget case studies
Want to see how the top operators are managing their farms?
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DairyBase
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