Quick Overview
- 1#1: FarmBooks - Specialized farm accounting software that handles enterprise allocation, livestock tracking, crop inventory, and Schedule F tax reporting for agricultural businesses.
- 2#2: CenterPoint Accounting - Agriculture-focused accounting solution with multi-entity support, production detail tracking, and farm-specific financial reporting.
- 3#3: AgExpert Analyst - Comprehensive farm accounting tool designed for tracking income, expenses, inventory, and compliance with agricultural tax requirements.
- 4#4: Figured - Cloud-based farm financial management platform that integrates with Xero for real-time budgeting, forecasting, and physical inventory tracking.
- 5#5: Phoenix RSM - Robust farm accounting software offering detailed enterprise allocation, asset management, and regulatory reporting for producers.
- 6#6: AgSolve - Asset accounting system tailored for farms with machinery tracking, depreciation schedules, and integration with production records.
- 7#7: QuickBooks Enterprise - Powerful desktop accounting software adaptable for agriculture via advanced inventory, job costing, and farm add-ons.
- 8#8: Xero - Cloud accounting platform with farm templates, inventory management, and integrations for agricultural financial tracking.
- 9#9: Conservis - Farm ERP system including accounting features for cost allocation, profitability analysis, and operational integration.
- 10#10: Granular - Precision agriculture platform with built-in farm accounting, planning, and analytics for financial optimization.
We prioritized tools based on agriculture-specific feature depth—including production tracking, regulatory alignment, and multi-entity support—along with usability, technical robustness, and overall value to deliver a ranking that balances performance and practicality.
Comparison Table
Agriculture, with its unique financial complexities, demands specialized accounting tools that streamline budgeting, revenue tracking, and tax preparation—tools that more general software often overlook. This comparison table explores leading options like FarmBooks, CenterPoint Accounting, AgExpert Analyst, Figured, and Phoenix RSM, breaking down their key features, pricing structures, and suitability for operations ranging from small family farms to large enterprises.
| # | Tool | Category | Overall | Features | Ease of Use | Value |
|---|---|---|---|---|---|---|
| 1 | FarmBooks Specialized farm accounting software that handles enterprise allocation, livestock tracking, crop inventory, and Schedule F tax reporting for agricultural businesses. | specialized | 9.4/10 | 9.8/10 | 8.2/10 | 9.5/10 |
| 2 | CenterPoint Accounting Agriculture-focused accounting solution with multi-entity support, production detail tracking, and farm-specific financial reporting. | specialized | 8.8/10 | 9.4/10 | 7.9/10 | 8.5/10 |
| 3 | AgExpert Analyst Comprehensive farm accounting tool designed for tracking income, expenses, inventory, and compliance with agricultural tax requirements. | specialized | 8.4/10 | 9.2/10 | 7.1/10 | 8.3/10 |
| 4 | Figured Cloud-based farm financial management platform that integrates with Xero for real-time budgeting, forecasting, and physical inventory tracking. | specialized | 8.7/10 | 9.2/10 | 7.9/10 | 8.4/10 |
| 5 | Phoenix RSM Robust farm accounting software offering detailed enterprise allocation, asset management, and regulatory reporting for producers. | specialized | 7.6/10 | 8.1/10 | 6.9/10 | 7.4/10 |
| 6 | AgSolve Asset accounting system tailored for farms with machinery tracking, depreciation schedules, and integration with production records. | specialized | 8.4/10 | 9.1/10 | 7.7/10 | 8.0/10 |
| 7 | QuickBooks Enterprise Powerful desktop accounting software adaptable for agriculture via advanced inventory, job costing, and farm add-ons. | enterprise | 8.1/10 | 8.5/10 | 7.6/10 | 7.7/10 |
| 8 | Xero Cloud accounting platform with farm templates, inventory management, and integrations for agricultural financial tracking. | enterprise | 7.4/10 | 6.8/10 | 9.1/10 | 7.9/10 |
| 9 | Conservis Farm ERP system including accounting features for cost allocation, profitability analysis, and operational integration. | enterprise | 8.2/10 | 8.7/10 | 7.5/10 | 7.9/10 |
| 10 | Granular Precision agriculture platform with built-in farm accounting, planning, and analytics for financial optimization. | enterprise | 8.1/10 | 8.7/10 | 7.8/10 | 7.4/10 |
Specialized farm accounting software that handles enterprise allocation, livestock tracking, crop inventory, and Schedule F tax reporting for agricultural businesses.
Agriculture-focused accounting solution with multi-entity support, production detail tracking, and farm-specific financial reporting.
Comprehensive farm accounting tool designed for tracking income, expenses, inventory, and compliance with agricultural tax requirements.
Cloud-based farm financial management platform that integrates with Xero for real-time budgeting, forecasting, and physical inventory tracking.
Robust farm accounting software offering detailed enterprise allocation, asset management, and regulatory reporting for producers.
Asset accounting system tailored for farms with machinery tracking, depreciation schedules, and integration with production records.
Powerful desktop accounting software adaptable for agriculture via advanced inventory, job costing, and farm add-ons.
Cloud accounting platform with farm templates, inventory management, and integrations for agricultural financial tracking.
Farm ERP system including accounting features for cost allocation, profitability analysis, and operational integration.
Precision agriculture platform with built-in farm accounting, planning, and analytics for financial optimization.
FarmBooks
specializedSpecialized farm accounting software that handles enterprise allocation, livestock tracking, crop inventory, and Schedule F tax reporting for agricultural businesses.
Enterprise Allocation system for precise cost tracking and profitability by crop, livestock, or farm segment
FarmBooks is a specialized desktop accounting software designed exclusively for agricultural businesses like farms, ranches, and nurseries. It handles core financial tasks including general ledger, accounts payable/receivable, payroll, and inventory, while offering unique agriculture-specific tools for tracking crop yields, livestock production, feed usage, and enterprise-level cost allocation. With robust reporting capabilities tailored to IRS farm schedules and profitability analysis, it provides comprehensive financial management without the need for subscriptions.
Pros
- Deeply specialized features for agriculture, including enterprise costing, production tracking, and livestock inventory
- Highly customizable reports and IRS-compliant forms for farm financials
- One-time purchase model with no recurring fees, excellent long-term value
Cons
- Windows desktop-only; no cloud, mobile, or web access
- Dated user interface that may require a learning curve
- Limited integrations with modern third-party apps like QuickBooks Online
Best For
Medium to large farms and ranches requiring detailed, agriculture-specific accounting and profitability analysis without subscription costs.
Pricing
One-time purchase starting at $1,995 for the base edition, up to $3,495 for full modules with payroll and advanced inventory.
CenterPoint Accounting
specializedAgriculture-focused accounting solution with multi-entity support, production detail tracking, and farm-specific financial reporting.
Enterprise separation and job costing that allows farms to allocate costs and revenues across distinct operations like crops, livestock, and custom work for accurate profitability insights
CenterPoint Accounting from Red Wing Software is a robust desktop-based accounting solution tailored for agricultural businesses, offering specialized tools for tracking crops, livestock, feed inventory, and farm expenses. It excels in cost allocation across multiple enterprises like row crops, livestock, and custom farming, with built-in support for IRS Schedule F tax reporting. The software integrates payroll, inventory management, and customizable reporting, making it suitable for multi-location farm operations.
Pros
- Agriculture-specific inventory tracking for crops, livestock, and feed with advanced costing methods
- Powerful multi-enterprise allocation and detailed profitability reporting
- Strong local data control with SQL database and reliable offline access
Cons
- Primarily desktop-based with limited cloud capabilities
- Steeper learning curve for non-accountants due to customization depth
- Higher upfront costs compared to subscription-based competitors
Best For
Small to mid-sized farms and agribusinesses requiring precise tracking of multiple agricultural enterprises and offline reliability.
Pricing
One-time purchase starting at $1,295 for Fundamentals edition, $2,495+ for full Accounting module, with add-ons like Payroll ($795+) and annual maintenance fees around 15-20% of license cost.
AgExpert Analyst
specializedComprehensive farm accounting tool designed for tracking income, expenses, inventory, and compliance with agricultural tax requirements.
Automated T2042 Whole Farm tax reporting directly compliant with CRA requirements
AgExpert Analyst is a specialized desktop accounting software tailored for Canadian farmers and agricultural businesses, offering robust tools for tracking farm-specific transactions like crop production, livestock management, inventory, and equipment depreciation. It excels in generating financial statements, GST/HST returns, and CRA-compliant tax forms such as T2042 for whole farm reporting. The software supports accounts payable/receivable, payroll, and detailed profitability analysis by enterprise, making it a staple for ag operations in Canada.
Pros
- Highly specialized for Canadian agriculture with built-in CRA tax compliance
- Comprehensive inventory and enterprise tracking for crops/livestock
- Strong financial reporting and profitability analysis tools
Cons
- Desktop-only (Windows), lacking cloud/mobile access
- Steep learning curve for non-accountants
- Limited third-party integrations and automation
Best For
Canadian farmers and agribusinesses needing detailed, compliant farm accounting without cloud dependencies.
Pricing
Annual license starts at ~CAD $495 for single-user; multi-user and add-ons increase to $1,000+
Figured
specializedCloud-based farm financial management platform that integrates with Xero for real-time budgeting, forecasting, and physical inventory tracking.
Automated livestock trading account reconciliations that match purchases, sales, and valuations in real-time
Figured is an agriculture-focused accounting platform that integrates deeply with Xero to manage farm-specific financials like livestock inventory, crop production, and asset tracking. It provides automated reconciliations for livestock trading accounts, real-time dashboards for performance insights, and tools for budgeting across multiple farm entities. Designed primarily for agribusinesses, it handles seasonal cash flows, valuations, and compliance reporting unique to farming operations.
Pros
- Comprehensive agriculture-specific features like automated livestock reconciliations and crop yield tracking
- Seamless Xero integration for real-time financial visibility and multi-entity support
- Powerful dashboards and forecasting tools tailored to seasonal farm operations
Cons
- Requires an existing Xero subscription, limiting standalone use
- Steeper learning curve for non-accountants due to specialized farm modules
- Pricing can add up for multi-entity farms without volume discounts
Best For
Mid-sized farms and agribusinesses already using Xero that require advanced livestock and crop accounting automation.
Pricing
Starts at $99 NZD/month per entity for basic plans, scaling to $299+ NZD/month for advanced features; additional Xero subscription required.
Phoenix RSM
specializedRobust farm accounting software offering detailed enterprise allocation, asset management, and regulatory reporting for producers.
Advanced farm enterprise allocation that distributes expenses across crops, livestock, and other operations for precise profitability tracking
Phoenix RSM is a specialized accounting software tailored for agricultural operations, providing robust tools for farm financial management, inventory tracking of crops and livestock, and compliance with industry-specific tax regulations like Schedule F. It supports multi-entity accounting for farms with multiple locations or subsidiaries, along with detailed job costing for field activities and equipment usage. The platform emphasizes real-time data entry and customizable reporting to help agribusinesses optimize profitability and cash flow.
Pros
- Deep agriculture-specific accounting features like enterprise allocation and crop/livestock inventory
- Strong reporting for IRS farm schedules and profitability analysis
- Handles complex multi-farm or multi-entity structures effectively
Cons
- Outdated interface that feels clunky compared to modern cloud apps
- Limited mobile and cloud accessibility, primarily desktop-based
- Steep learning curve for non-accountants
Best For
Medium to large-scale farms or agribusinesses requiring detailed, compliant farm accounting with job costing.
Pricing
Custom pricing starting around $1,500/year per user, with enterprise plans for multi-location farms; free demo available.
AgSolve
specializedAsset accounting system tailored for farms with machinery tracking, depreciation schedules, and integration with production records.
Advanced commodity settlement engine for precise contract fulfillment and hedging position tracking
AgSolve is a comprehensive ERP and accounting software tailored for agricultural businesses like grain elevators, cooperatives, feed mills, and ag retailers. It excels in managing complex commodity transactions, inventory tracking, customer contracts, settlements, and financial reporting specific to agriculture. The platform integrates CRM, payroll, and analytics to support multi-location operations and regulatory compliance.
Pros
- Deep agriculture-specific features for commodities and contracts
- Robust inventory and multi-location management
- Strong integration with scales and third-party tools
Cons
- Steep learning curve due to complexity
- Somewhat dated user interface
- Custom pricing lacks transparency
Best For
Mid-sized agribusinesses like grain elevators and cooperatives needing specialized commodity accounting.
Pricing
Custom modular pricing; typically $5,000-$20,000+ annually based on users, modules, and deployment (cloud or on-premise).
QuickBooks Enterprise
enterprisePowerful desktop accounting software adaptable for agriculture via advanced inventory, job costing, and farm add-ons.
Advanced Inventory Management with FIFO/LIFO costing and barcode support tailored for perishable ag goods
QuickBooks Enterprise is a scalable desktop accounting software from Intuit, adapted for agricultural businesses through advanced inventory management for crops, livestock, and supplies. It handles complex farm finances including cost tracking, yield reporting, and compliance with agricultural regulations via customizable templates and integrations. Ideal for mid-to-large farms, it supports multi-user access and robust reporting to streamline operations from planting to harvest sales.
Pros
- Advanced inventory with lot/serial tracking for produce and livestock
- Scalable multi-user support for large farm teams
- Customizable reports for ag-specific metrics like yield per acre
Cons
- Steep learning curve for non-accountants
- High subscription costs for full features
- Lacks native specialized ag tools like automated crop rotation tracking
Best For
Mid-to-large scale farms and agribusinesses requiring robust, customizable enterprise accounting with strong inventory capabilities.
Pricing
Annual subscriptions start at $1,340 for Silver (1 user) up to $5,197+ for Diamond (10 users), with add-ons extra.
Xero
enterpriseCloud accounting platform with farm templates, inventory management, and integrations for agricultural financial tracking.
Hubdoc integration for automatic receipt capture and data extraction, ideal for tracking farm expenses from suppliers and equipment
Xero is a cloud-based accounting software designed primarily for small to medium-sized businesses, offering invoicing, bank reconciliation, expense tracking, payroll, and reporting tools. For agriculture accounting, it provides basic inventory management and customizable categories but relies heavily on third-party integrations like Figured for specialized farm features such as livestock valuation, crop tracking, and subsidy management. It delivers real-time financial visibility, which helps farmers monitor seasonal cash flows and compliance.
Pros
- Intuitive interface with mobile app for on-the-go farm management
- Seamless bank feeds and auto-reconciliation for handling variable ag income
- Unlimited users and strong app marketplace including ag-specific tools like Figured
Cons
- Lacks native agriculture features like crop yield tracking or livestock inventory without add-ons
- Basic reporting may require customization for farm-specific compliance and tax rules
- Per-user pricing can become expensive for larger farm teams
Best For
Small to mid-sized farms seeking user-friendly general accounting that can be extended with integrations for agriculture needs.
Pricing
Starts at $20/month (Starter) up to $70/month (Premium) per organization, billed annually; additional costs for payroll and apps.
Conservis
enterpriseFarm ERP system including accounting features for cost allocation, profitability analysis, and operational integration.
Direct linkage of field operations data (yields, inputs) to accrual accounting for precise profitability analysis
Conservis is a farm management software platform tailored for agricultural operations, integrating operational planning, inventory tracking, and financial accounting to provide real-time insights into farm profitability. It excels in agriculture-specific features like crop/livestock cost allocation, accrual-based accounting, and yield-based inventory valuation. The platform supports multi-location farms with customizable reporting and analytics to optimize resource use and financial performance.
Pros
- Agriculture-specific accounting with accrual methods and cost-per-acre tracking
- Real-time financial dashboards integrating ops data
- Scalable for multi-farm enterprises with mobile access
Cons
- Steep learning curve for non-technical users
- Custom pricing lacks transparency
- Requires integrations for full general ledger functionality
Best For
Mid-to-large scale farming operations needing integrated operational and financial management.
Pricing
Custom quote-based pricing starting at around $5,000-$10,000 annually depending on farm size and modules.
Granular
enterprisePrecision agriculture platform with built-in farm accounting, planning, and analytics for financial optimization.
Field-level profitability dashboards that merge real-time agronomic inputs with financial metrics for hyper-localized insights
Granular (granular.ag) is a farm management platform with specialized accounting tools tailored for agriculture, enabling field-level tracking of costs, revenues, and profitability. It integrates agronomic data with financials to support budgeting, forecasting, and compliance for crop farmers. Backed by Corteva Agriscience, it provides analytics and benchmarking to drive data-informed decisions.
Pros
- Field-level P&L and cost allocation for precise ag profitability
- Strong integration of agronomic and financial data
- Industry benchmarking and predictive analytics
Cons
- Primarily suited for larger row crop operations, less ideal for small farms or livestock
- Custom pricing lacks transparency and can be expensive
- Steep initial setup and learning curve for full utilization
Best For
Large-scale crop producers needing integrated agronomic and financial accounting at the field level.
Pricing
Custom subscription pricing based on farm size and modules; typically starts at $5,000+ annually for mid-sized operations—contact for quote.
Conclusion
Navigating the best agriculture accounting software requires balancing specialized features, and the top three—farmBooks, CenterPoint Accounting, and AgExpert Analyst—excel in distinct areas. farmBooks leads with its deep focus on agricultural-specific enterprise allocation, livestock tracking, and Schedule F reporting, making it the top choice for many. Meanwhile, CenterPoint Accounting and AgExpert Analyst stand out for their robust multi-entity and production detail tracking, respectively, offering strong alternatives for varied operational needs.
Take the first step toward streamlined farm management: test farmBooks to experience its tailored tools for financial accuracy and tax efficiency, or explore CenterPoint or AgExpert Analyst based on your unique business priorities.
Tools Reviewed
All tools were independently evaluated for this comparison