Traction

EASY ACCOUNTING BUILT FOR FARMERS

• PRODUCTION COST
  Analyzes costs per bushel and acre, categorized by input, equipment, and labor across various fields, farms, or crops.
• INVENTORY TRACKING
  Manage inventory of seeds, fertilizers and chemicals, crop loads, scale tickets, and bin activity effectively.
• PROFITABILITY
  Assess profitability by individual or combined entities, focusing on optimal financial outcomes per field or crop.
• RESOURCES
  Optimize resource distribution, ensuring efficient utilization of labor and equipment.

Traction Basic

• FARM ACCOUNTING SOFTWARE THAT TRANSFORMS YOUR FARMING BUSINESS
  Traction allows you to focus on the bigger picture by simplifying workflows and providing reports specific to your farm business.
• MANAGE MULTIPLE ENTITIES FOR GREATER VISIBILITY
  With Traction, you can create an unlimited number of business entities to separate or combine together for reporting. We don’t charge for them either!  
• KNOW YOUR MARGIN PER ACRE
  Allocate your expenses and revenue to fields and crops for a deeper analysis of your margin per acre. Using farm accounting software is the only way to know!
• UNDERSTAND YOUR CURRENT FINANCIAL POSITION
  Cash Income Statement and Balance Sheet Reports
  Traction gives you a complete set of cash reports for any number of entities. By upgrading to Traction Pro, you can expand your analysis with accrual accounting reports. Accrual accounting can tell you what segments of your operation are actually generating a profit or loss.
• SUBMIT YOUR 1099S
  Save time submitting 1099s and make your financial admin work less burdensome with a seamless digital integration with tax1099.com.
• CONNECT YOUR BANK ACCOUNTS
  Get more work done by safely connecting to your financial institutions for seamless transaction downloading and automatic reconciliation.
• NO MORE PAPER RECEIPTS
  Always have a digital copy of your farm receipts by using your phone or tablet to quickly capture them on-the-go.

Traction Plus

• KNOW YOUR EXACT MARGIN PER BUSHEL WITH INTEGRATED ACCOUNTING
  Enhance your analysis of field profitability by accurately allocating your actual expenses, revenue, products, and harvest details to individual fields. This approach allows for a better understanding of profitability on a field-by-field basis.
• REAL-TIME PRODUCT INVENTORY, ANYWHERE, ANYTIME
  Easily enter input purchases and tie the inventory and values back to your fields. Drill down by clicking on the product and see a complete historical breakdown of field operations and purchases.
• AUTOMATE YOUR FIELD RECORDS WITH INTEGRATIONS
  Connect to John Deere Operations Center or Climate FieldView to transform farm records into valuable insights for decision-making and sharing with trusted partners.
• TRACK YOUR EQUIPMENT COSTS
  Distribute repair and fuel expenses to individual machines and observe the overall cost for each machine over the course of the year. Take it a step further by inputting fixed costs per hour or acre, and see this equipment cost in your Field Profit Reports.
  With the upgrade to Traction Pro, you gain the versatility to view either fixed costs or actual costs in these reports, enhancing your understanding and decision-making capabilities.
• ACCESS YOUR DIGITAL FIELD RECORDS AND REPORTS
  Unlike spreadsheets or messy notebooks, Traction organizes an array of farm activity reports that include seeding, spray, products and harvest.
• CAPTURE SCALE TICKETS, LOADS AND CROP INVENTORY
  Scale tickets tell the story of your crop’s performance. Enter this information to accurately calculate dry bushels to further enhance your crop inventory management for farm and landlord shares.

Traction Pro

• UNCOVER FARM FINANCIAL STRENGTHS AND WEAKNESSES
  With Traction general ledger reports, you can uncover strengths and weaknesses and make adjustments to improve your financial position. View Balance Sheets by accrual value, market value, or cash value.
• TRACK EQUIPMENT COSTS AND THEIR IMPACT ON FIELD PROFITABILITY
  Enter equipment expenses and allocate them to specific machines. Traction can take your total expenses (ownership + operating) and spread the cost to your fields when operation records are entered or imported. This way you know your exact cost per acre and bushel.
• MAINTAIN LAND AGREEMENTS FOR LANDLORDS
  Have a clear picture of your cash rent and sharecropping land agreements. When field records are entered, the correct inventory split will be calculated between landlord and lessee.
• CALCULATE YOUR NET WORTH FOR LENDERS AND TRANSITION PLANNING
  Generate an endless number of Market Value Balance Sheets, not just for your banker but also for your internal analysis. These sheets offer valuable insights into your actual Net Worth, accounting for asset values minus liabilities, and potential tax obligations. This information proves invaluable for farm estate and transition planning.
• INVOICE LANDLORDS FROM FIELD RECORDS
  Reduce the time it takes to create invoices when billing the landlord’s share of inputs from field records or other custom work.
• MANAGE BILL PAYMENTS
  Easily manage bills from each vendor for more visibility and control of your farm’s cash flow. These Accounts Payable transactions are essential for producing an accurate Accrual Balance Sheet.