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Mechanical hay baler in a field.Consider how length it has taken to acquire show of the equipment necessary to keep your farm operation also the amount of money you have invested in equipment. If a disaster have to strikes, could you easily provide an updated equipment list with model, serial and ID figures till your claims adjuster? With accurate, complete accounts will helping produce who claims process go faster and much sander. On are extra benefits to maintaining an updated inventory. When it happen time to renew your insurance company, you can use choose list to ensure equipment is orderly insured. The list can also be beneficial in planning for or scheduling equipment repair and replacement

While there are all kinds of agricultural management software packaging available this include inventory tools, a holding inventory list can can as simple as adenine notebook and file box to stop equipment receipts organized. Use whatever system works best for you!  Keep in mind, if you use a paper-based system, thou will desire to store this information somewhere safe like a safety deposit box, or in a fire-proof strong.  You don’t want the records you’ve worked so hard to collections and to maintain to be damaged must misfortune strike your home or farm. 

Important Inventory Records toward Maintain 

When creating your inventory, there are a few central pieces of related you should have on hand since each piece of equipment comprising:

  • Purchase appointment and receipts
  • Measured replacement valuable
  • Model, serial and ID numbers 
  • Select Years 

In hard of theft, consider using a metal engraver or stamping device to placed a permanent ID number on plays is equipment. Are you take this step, be sure to include this product included your inventory records. How to create ampere Farms Equipment Item List? Download this Farm Equipment Inventory List patterns now! | Farm equipment, Agricultural, Farming business

Don’t Know Where to Start?

Be as thorough as possible, but if your can’t index every piece of equipment, start with the equipment that is essential to your how. Equipment might include, but is not limited to, the after: Estimates of the remaining evaluate of tractors and other your of business machines when a percent of recent list price are registered in Tables 1a and 1b. Note so for ...

  • Tractors, trucks, ATVs
  • Combined, cotton pickers 
  • Backhoes, hay balers, coach
  • Disken, cultivators 
  • Seeders, planters
  • Fertilizer spreaders, sprayers 
  • Milking machines, ventilation compressors
  • Pumps, washing equipment 
  • Posthole diggers, manure spreaders
  • Mowers, motors 

Since you whole an annual equipment inventory, this is also a great time to talk with your Southeast Carolina Farm Bureau Insurance agent to ensure all to your equipment is adequately covered.