DARTS Diversified Agriculture Revenue Translation
Assisting diversified agricultural
producers hit the target in maintaining sound financial records.
Photos courtesy of
Canola Council, USDA, Alderman's CaseIH, Inc., and S. Clifton Parks
What is DARTS?
Agriculture Revenue Translation System (DARTS) is a downloadable software application that has
been specifically designed to assist the American agricultural producer in
maintaining sound financial records and ease the administrative burden of
participating in the Whole Farm Revenue Protection (WFRP)
or crop insurance program. DARTS will also assist agricultural
producers in the process of calculating their Allowable Revenue in addition to completing the other
aspects of the application process for WFRP crop insurance program.
It will assist the applicant in translating his or her summarized financial information
(i.e. Internal Revenue Service (IRS) Schedule F, IRS Form 1120, etc.) using a standardized process into
an Allowable Revenue value. The overall goal of DARTS
is to assist agriculture producers in enhancing their risk management
practices through better recording keeping practices and, if applicable,
participation in the WFRP insurance program.
DARTS contains two
wizard tools the Allowable Revenue Identification and Accounting Software Starter Wizards.
The Allowable Revenue Identification Wizard assists producers in
identifying their Allowable Revenue for the WFRP crop insurance program
while the Accounting Software Starter Wizard will assist them in
structuring their Chart of Accounts (COA) in their existing electronic
accounting software program or to establish a COA in a new
The DARTS Introduction screen is displayed below
provides a brief description of the software application,
instruction components within the DARTS software program, and the option to
launch either of the DARTS wizard tools.
The accounting software
starter wizard will guide you through an interview process that will
determine the level of detail that should be captured in your accounting
system's COA. The level of detail required is dependent on the
commodities produced and the activities conducted on the commodities by
your operation. The wizard will produce a recommended COA and
provide a file with the appropriate COA structure in one of the DARTS supported accounting
S. Clifton Parks, Principle Investigator
Working hard to provide
state-of-the-art risk management tools and solutions that preserve,
promote, and protect the agricultural community.