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Description

Farm Focus is cloud-based farm financial management software for farmers and growers in New Zealand and Australia, used on more than 10,000 farms. Formerly Cashmanager RURAL, it is built on 45 years of farm finance experience. One subscription covers the farm cashbook and planning, with no separate accounting ledger needed: - Bank feeds from Westpac, ANZ and Rabobank, with automatic transaction coding - Paperless invoice capture, including Farmlands and Farm Source statements - GST returns filed directly with Inland Revenue - Working Plan: a living budget that compares actual and planned cash flow through the season - Livestock reconciliation and production KPIs, such as kg carcass weight per hectare - Dairy production forecasting with automatic Fonterra and Synlait milk price updates - Performance and bank-ready reporting, plus DairyBase benchmarking - Farm Assistant AI: ask questions in plain language for report summaries, trends and variances Farm Focus suits owner-operators, sharemilkers and contract milkers, and dairy, sheep and beef farms that want one system for their numbers. Accountants and farm advisers manage client farms in Focus Workspace. Pricing (NZD, excluding GST): $139 a month or $1,379 a year, with unlimited users. Add-ons: Focus Payroll from $31 a month (powered by Lightning Payroll, with payday filing to Inland Revenue), Focus Lite for a second entity, and Management Tags. Focus Advantage is free for up to 12 months for new ventures before they start trading. Every plan includes a 30-day free trial and free onboarding and phone support from a New Zealand-based team. Integrations also include PaySauce, Crystal Payroll and Mobble in New Zealand.

Description

If you have engaged in the buying, selling, earning, receiving, or any other form of acquiring digital currencies within a particular tax year, it's highly likely that you must report any profits or losses on your tax return. If there's any uncertainty regarding your obligations, consulting with the Inland Revenue or your accountant is advisable. In New Zealand, the Inland Revenue classifies digital currencies as a category of property. Their guidelines for cryptocurrency taxation specify that profits or losses must be assessed using the First in First Out method, converting values into New Zealand Dollars at the time of each trade, even when the transactions are between different cryptocurrencies. This process can be quite complex and may require several days to sort through, even with just a few trades. If you've incurred a loss, it could potentially be deducted from your income tax, providing some relief. Our advanced algorithms simplify this process by automating the necessary currency conversions and calculating your trading and mining profits and losses in line with Inland Revenue's regulations. Simply provide us with your exchange exports and mining addresses, and we will handle the rest to ensure your compliance and accuracy. This way, you can focus on your investments without the tax-related stress.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Bitstamp No 
Binance No 
BitPrime No 
Easy Crypto No 
Exodus No 
Independent Reserve No 
Kraken No 
Poloniex No 

Integrations

Bitstamp Yes 
Binance Yes 
BitPrime Yes 
Easy Crypto Yes 
Exodus Yes 
Independent Reserve Yes 
Kraken Yes 
Poloniex Yes 

Pricing Details

NZ$139 per month
NZ$139/month or NZ$1,379/year excl GST, unlimited users. Add-ons: Focus Payroll from $31/month, Focus Lite $35/month, Management Tags $39/month. Focus Advantage free for up to 12 months for new ventures. Accountants: Focus Workspace from $299/year. 30-day free trial.
Free Trial Yes 
Free Version No 

Pricing Details

$99 per tax year
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook Yes 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Farm Focus

Founded

1981

Country

New Zealand

Website

www.farmfocus.co.nz/

Vendor Details

Company Name

Taxoshi

Founded

2014

Country

New Zealand

Website

taxoshi.com

Product Features

Farm Management

Barcoding / RFID No 
Built-in Accounting Yes 
CRM No 
Contract Management No 
Crop Management No 
Customer Management No 
Financial Management Yes 
Greenhouse Management No 
Inventory Management No 
Labor Management Yes 
Livestock Management Yes 
Order Processing No 
Pricing Management No 
Supplier Management No 
Traceability No 
Weather Records No 

Product Features

Crypto Tax

Automated Data Import No 
Exchange Integration No 
Export Transactions No 
Historical Prices No 
Income Overview No 
Margin & Futures Support No 
Profit & Loss / Cap Gains No 
Staking / Lending / DeFi Support No 
Tax Form Generation No 
Tax Loss Harvesting No 
Wallet Integration No 

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