Budgeting and Finance copy

Grow your farm business with the following production and financial performance resources.

Analysing farm performance

DairyBase is an online tool that helps you understand and measure your farm's production performance – as well as compare it against others – to improve operations, reporting, forecasting, managing risk and decision making.

To get started with DairyBase, you need to understand your:

farm's financial performance by completing the Dairy Standard Chart of Accounts
get your financials ready so you can meet with your bank
and fill out the DairyBase questions and answers.

Log in or register below. You will receive a confirmation email with your username and password within 24 hours. For support, email us or phone 1800 548 073.

Understanding a farm's financial performance

To understand a farm's financial information – including its profitability and wealth – download the Dairy Standard Chart of Accounts from the resources below.

The Chart of Accounts helps to track farm performance based on cash, profit and wealth, and is used by the dairy industry to drive consistency in how farm performance is calculated and reported.

The Chart of Accounts enables consistent management of a farm's financial information, bill payments, cash flow, budgeting, and complying with Australian tax regulations. It offers works in industry-standard terms and can be converted to management accounts with ease, so you can make informed decisions and complete end of year and comparative analysis on their business.

The Chart of Accounts has not been established as a rigid tool to prescribe the exact setup of farm accounts on all dairy farms, but rather is designed as a guide to the way a dairy farmer can keep financial records.