Dairy Alliance

Data processing also consists of a number of stages. Data processing begins with data entry. By entering data from the checkbook ledger into an accounting book or computer program in accordance with the chart of accounts it begins to take on structure. However, raw data provides little information, even when organized, without being further processed. The financial data that was collected in the checkbook ledger and entered into an account book has little meaning until all the figures are processed. Account entries must be summed for each account category; expenses subtracted from income, profits added to equity, ratios calculated and so on.

Articles:

Managing Information from Data to Decisions

As dairy businesses become larger and more complex decision-making becomes increasingly important. Information is the foundation of sound decisions.

Milk Production Costs of Pennsylvania Dairy Farms

"If you don't measure it, you can't control it". Producers must first determine their costs if they are to gain control over them.

Tools:

Monthly Monitor

As dairy businesses become larger and more complex decision-making becomes increasingly important. Information is the foundation of sound decisions.