Agri Accounting
Agri Accounting optimises your farm's financial health across varying markets, driving prosperity and sustainable success.
Murray Nankivell and Figured, better accounting practices for farmers, with no bull
Murray Nankivell is an AFR Top 100 Accounting firm and have been working with agri-farmers from a wide range of rural industries for over 40 years. We can help you to channel your passion and dedication by offering practical and appropriate advice, with strategies that are geared to achieving your goals and operating an efficient and profit-focused business.
Agri-accounting is in our nature
Running a farm business in Australia is demanding so getting the right tools in the hands of the right people is crucial. The same is true for running farm finances. At Murray Nankivell, we’ve built a team of passionate agri-accountants, powered by world-class agri-financial software, Figured.
We are able to support your day to day farm finance and compliance requirements, help build your equity and wealth, and assist you with long term planning. Murray Nankivell equips you with expert advice and powerful financial tools to enable you to make informed decisions and have confidence in the financial outcomes.
We take a collaborative approach and work hard to exceed expectations. Please contact us for a confidential discussion about how we can assist your farming business.
Leah Cother
Growing up in the township of Minimay, both sides of Leah’s family have a long history on the land in SA and Victoria. Having experienced firsthand the day-to-day operations of farming, whether it was mustering sheep, roustabouting, or driving the tractor and header, Leah understands the demands of farm life and the constant balancing of land and financial responsibilities.
Leah is dedicated to providing expert advice to farmers and business owners on a wide range of business needs. Known for her attention to detail and patience, Leah ensures that every client’s requirements are met with care. She is readily available to assist with tax planning, activity statements, financial reporting, tax and cashflow inquiries, and software configuration and support.
As a Chartered Accountant and Certified Figured Advisor, Leah is committed to helping her clients navigate the complexities of both their farm and business operations.
Mark Edwards
Mark values personal relationships with his clients to help them achieve their business and financial goals. This often involves close collaboration with key stakeholders, including family members, financiers, financial planners, agronomists, and consultants.
Specialising in advising farmers and businesses on strategic planning, taxation, cash flow, and succession, Mark frequently participates in client advisory boards that meet regularly throughout the year.
Growing up on his family's farm in Padthaway and owning farm properties himself, Mark has a deep understanding of the issues and conditions that affect businesses in the South-East of South Australia and Western Victoria. This background enables him to provide considered advice tailored to his clients' and their families' needs.
As a Chartered Accountant since 2001, Mark brings extensive experience from his career, working with clients on business growth, generational change, and asset protection. He also spent eight years in a middle-tier accounting firm in Adelaide and a year in Ireland, gaining international and corporate experience.
In his personal time, Mark enjoys spending time with his family and has a passion for all sports and community involvement. His commitment to his clients and community highlights his dedication to making a positive impact.
The smarter way to work starts with smarter software
More time on the farm
With Figured, farm accounting tasks are streamlined, so you’ll spend less time in the office, and more time in the field, doing what you love.
Decisions are easier with data
Figured allows you to see all of your financial and stock information in one place, meaning you can make informed decisions based on a holistic picture of your farm’s performance.
Focus on profit
With better financial insight for you and your advisers, you can better manage near and long-term profitability for the continued success of your farm.
Work with your advisors online
Connect your advisory team in one place where you can share and post questions and comments.
4 Reasons to farm with Figured
Budgeting & forecasting
See overall profit and future cash available, and easily adapt as conditions change.
Production tracking
Easily track livestock movements, crop and milk production, as well as your operating expenses.
Auto-updates & feeds
With bank feeds, integration with other agri-data providers and mobile bank coding, what happens on the farm always matches what happens in your accounts.
Expert support
We’re here to help. Figured’s local customer support team is only a click of a button away in the app.
Learn more about Figured, Murray Nankivell’s preferred software solution
Visit FiguredOgilvie Group Falconers Farm keep on track with Figured
"We're always looking to expand and grow bigger and trade more cattle, and it's quite an exciting time. Using Figured, we have the ability to track cattle purchase and sales plus all the information which comes with it, it's so easily accessible".
Explore the case studyService Packages
Lite
For those people who just want to meet their tax obligations and have their tax return accurately lodged each year.
- Annual accounts reconciliations
- Bank accounts and loans reconciliations
- Income tax returns prepared and lodged with the ATO
- Check your income tax assessments from the ATO
Essential
For businesses who want peace of mind that their accountant is skilfully taking care of their tax compliance and minimising their payment obligations.
- Lite +
- Annual Records Handover meeting (update on business)
- Year-end accounts and financial statements IAS/BASs, GST reports lodged with the ATO
- Tax payment notifications
Classic
For businesses looking for that little extra from your advisor to have a good handle on where your business is at and where you should put your focus.
- Lite and Essential + Annual report statement of position
- Before year-end tax planning analysis and advice
- Business Risks Survey and Scorecard
- Annual tax and business planning meeting with director
- Company statutory (ASIC), trust administration services including review of structure diagram
Premium
For businesses that want the ultimate support for tax compliance, business reporting and business improvement.
- Lite, Essential & Classic Rolling annual profit and cash flow plan
- Bi-annual financial and management reports
- Annual Review of business performance (RAVDA)
- Benchmarking comparisons
We don’t provide fixed price packages as we know each client is different. We provide a tailored fixed price quote upfront to suit the exact needs of your business. We don’t offer quick short-term solutions; we care about offering you service that delivers a long-term, high quality investment into your business.
Agri-sector Service Extras
Other specialist services popular with the agri-sector, to suit your requirements. We can provide a no-obligation quote on specialist services.
- Off Farm Investments
- Succession, Estate and Family Planning
- Financial Planning
- Personal Insurance
- Business Valuation
- Self Managed Super Fund
- Asset Protection
Agri Accounting Insights
Figured & Xero Live Demo - Mixed Farming
Figured & Xero Live Demo - Mixed Farming
Long term planning and farm analysis without spreadsheets hosted by Mark Edwards, Murray Nankivell
Fuel Tax Credit Rate Changes
Fuel Tax Credit Rate Changes
From the 30th of March the Australian Taxation Office (ATO) have reduced Fuel Tax Credit ratesThe Government has temporarily halved the excise and excise equivalent customs duty rates for petrol, diesel, and all other petroleum-based products (except aviation fuels) to offer temporary relief on the current fuel prices.
Hay & Grain Private Sales – Tips to Minimise Risk
Hay & Grain Private Sales – Tips to Minimise Risk
We commonly see situations with delayed payments or disputes over quality, occasionally money is lost through the buyer going into liquidation.Often in delayed payments, the buyer has the ability to pay, they just do not want to incur extra cost (bank fees, interest, overdraft extensions etc.) to make it happen, and instead they use you as their overdraft.
We are here for you
We look forward to working with you to help you achieve a better financial future. Let us guide you on the path to financial success. Contact your preferred Murray Nankivell office today.
