Ambrook is a financial management platform tailored to agriculture. The software makes it easy for operators to maintain their books while executing their day-to-day business workflows, which keeps the data clean and organized for business analysis and tax preparation.

Your client can connect bank accounts and credit cards to their Ledger, reducing time required for manual entry. Once records are in Ambrook, an intuitive tagging system makes it easy to categorize expenses, and automations speed up the process even further. Our default income and expense categories tie directly to their associated Schedule F boxes to simplify tax filing.

Want to learn more about how Ambrook works? See the resources below.

Below are a few tools that will help you review your clients' books.

To view all transactions in spreadsheet format, you can download the entire transaction list. You can do this in settings under “Export” and clicking the “Download” icon next to “Transactions.”

The output is an Excel file with helpful fields like description, amount, date, category, and Schedule F box, all of which can be useful for tax preparation.

Expense and income categories in Ambrook are associated with line items on the Schedule F. To review your client’s Chart of Accounts, go to Settings → Categories. Here, you can see the associated Schedule F box to verify that your client’s accounts map to the right boxes.

You can also review aggregated category totals via our Export page, which can be filtered to specific date ranges. This is a quick way to spot errors, as you can use the format to identify anomalies in the data (if a category total is larger than expected).

On top of categories in Ambrook, customers use three other tag types: enterprises, entities, and funding. Enterprises enable analysis of separate business lines, entities are used to break out transactions associated with different legal entities, and funding tags make it easy to track expenses associated with particular funding programs and certifications. Categories are the most important from a tax filing perspective, but the other tag types may provide helpful context around a transaction.

Currently, you or your client can download a cash-basis income statement in just a few clicks via the Export page (under Settings). Our team will prepare balance sheets or accrual-basis reports upon request – we’re working on making these self-serve, but please use this request process in the meantime.

The Ledger can be reconciled against bank and credit card statements. Though transactions are pulled in automatically, you may want to compare them to an external source to verify accuracy. To use reconciliation in Ambrook, start by clicking the “Reconcile” button on the Ledger, selecting an account, and entering bank statement information. Check off transactions one by one, and hit “Save” to bookmark your place for the next time you pick back up.

We know that identifying errors and verifying accurate categorization ahead of tax season is critical. Here are a few ways to review and adjust your client’s books in Ambrook.