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ESTABLISHING OF FARM ACCOUNTING SYSTEM – (EFAS) within the FFRM Goce Dzurovski – Head of department for services www.ffrm.org. mk

ESTABLISHING OF FARM ACCOUNTING SYSTEM – (EFAS) within the FFRM

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ESTABLISHING OF FARM ACCOUNTING SYSTEM – (EFAS) within the FFRM. Goce Dzurovski – Head of department for services. www.ffrm.org.mk. Description of the EFAS service ( approach, methods used):. Innovative elements used. - PowerPoint PPT Presentation

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Page 1: ESTABLISHING OF FARM ACCOUNTING SYSTEM – (EFAS) within the FFRM

ESTABLISHING OF FARM ACCOUNTING SYSTEM – (EFAS)

within the FFRMGoce Dzurovski – Head of department for services

www.ffrm.org.mk

Page 2: ESTABLISHING OF FARM ACCOUNTING SYSTEM – (EFAS) within the FFRM

FFRM developed and deliver a service for keeping of farm accounting records -

EFAS.

Farmers who

conduct accounting are in

better position.

Current status unable these

farmers to meet require

ments of finance access

192,675 agricultur

al household

Page 3: ESTABLISHING OF FARM ACCOUNTING SYSTEM – (EFAS) within the FFRM

Description of the EFAS service (approach, methods used):Farm

accounting notebook

Training for farm

Regular communication

Processing of data by FFRM

Return performance report to the

farmers

Page 4: ESTABLISHING OF FARM ACCOUNTING SYSTEM – (EFAS) within the FFRM

Innovative elements used• simple farm accounting notebook for data entry of the farm,

which continues to be used by financial institutions for easier approval of credit facilities based on the history of the work of the farmer.

• Opportunity for regular entering of farm data (on a daily basis), what provide more accurate information compared to other records in the agriculture (for example questionnaire).

• Way of data processing, which is done by FFRM through simple software.

Page 5: ESTABLISHING OF FARM ACCOUNTING SYSTEM – (EFAS) within the FFRM

Added value elements• The EFAS service provides an opportunity to compare the

work of the farm in different years, among other farms, as well as taking easier decisions to farm management based on real data.

• The EFAS system assist farmers to have easer access to state financial support when measures are cross complained with Good agricultural practices.

Page 6: ESTABLISHING OF FARM ACCOUNTING SYSTEM – (EFAS) within the FFRM

THE NECESSARY RESOURCES

Training for farm management;

Use of notebooks;Development of

the marketing skills for better

sale of the service.

Know-how

1 Coordinator for services

6 regional coordinators,1 PR person

Staff

In establishment of the EFAS

system FFRM invested €10.000

Economic resources

Page 7: ESTABLISHING OF FARM ACCOUNTING SYSTEM – (EFAS) within the FFRM

TRANSFER OF THE PRACTICE• The results of the EFAS system can be

easily transferred since its compatibility to be adopted in any similar organization and simplicity for implementation.

• The booklet and software required to be translated to national language of the beneficiaries since it is in written on Macedonia language.

Page 8: ESTABLISHING OF FARM ACCOUNTING SYSTEM – (EFAS) within the FFRM

Thank you for your attention

[email protected]

www.ffrm.org.mk

+38923099042