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FINPACK vs TELUS Farm Accounting

Both stand on farm accounting software. Which one you can start free with, which one lets you read the code, and what each costs once you pay.

FINPACK

Paid MacWebWindows

FINPACK provides financial analysis for farm enterprises, cash flow, and net worth, with plan-specific access and import options. Buyers should note that the FINPACK plan is Windows-only and that the tool does not serve as a record-keeping system.

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TELUS Farm Accounting

Paid Web

Choose TELUS Farm Accounting if you run a UK farm or rural business and need agricultural accounting, farm tracking and shared access for staff or an accountant. Its accounting and reporting features are built around UK farming and VAT requirements. Businesses filing Making Tax Digital for Income Tax should account for the one-individual-per-company setup and the absence of a final year-end declaration.

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The facts

FINPACKTELUS Farm Accounting
Free planNoNot published
Open sourceNot publishedNot published
Runs onMac, Web, WindowsWeb
Lowest paid planFINPACK: $225, paid onceNot published
Plans published2None
MakerNot publishedNot published
Websitecffm.umn.edutelus.com
On farm accounting software#22 of 26#26 of 26

FINPACK: what it does well

  • Projects cash flow and estimates peak operating loan needs.
  • Evaluates income and expenses by enterprise.
  • Calculates net worth and yearly changes.
  • Imports cash transactions from four listed programs.
  • FINPACK+ includes an optional Guided Balance Sheet.

What to know first

  • It is an analysis tool, not a record-keeping system.
  • FINPACK plan is Windows-only.
  • Access is listed through December 2027.
  • SaaS support is limited to business hours on weekdays.

TELUS Farm Accounting: what it does well

  • Farm-specific chart of accounts and agricultural terminology.
  • Tracks crop costs, livestock, inventory and farm enterprises.
  • Automated bank feeds, recurring transactions and contra entries.
  • Supports complex VAT rules and states HMRC and MTD compliance.
  • Role-based access for accountants and farm staff.

What to know first

  • Pricing is available on request.
  • MTD for Income Tax supports quarterly returns, not the final year-end declaration.
  • Each company supports one individual for MTD for Income Tax.

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