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Record Keeping
Topic: Production Records
Production records are used to help with the management of a farm. Farm management includes
the planning of crops and breeding of animals, keeping track of crops/livestock performance
and being able to plan production based on the previous season’s production records. Records
provides the foundation from which a farmer operates.
Production records are useful to identify production problems so that farm performance can be
improved. They usually indicate the month, crop type, planting and harvest date, livestock type,
yield, the market delivered to and selling price per unit.
Labour records
Labour matters, such as service contracts of staff, wages received, rations, medical costs and
worker’s compensation are recorded in the labour records. Other items that should be included
are the number of labourers, loans, debts, leave and absences.
Example: Labour Production Record
B. If the laptop is to be sold in March, 2023, how much should it be sold for?