Start Date: 6/11/2024 9:00 AM CDT
End Date: 6/11/2024 4:00 PM CDT
Venue Name: Holiday Inn South
Location:
4751 Owen Ayers Ct
Organization Name:
Wisconsin Electric Cooperative Association
Contact:
ROOM BLOCK Location: Holiday Inn SouthRoom Block Name: WECARoom Block Rate: $123.95+/single or $118.95+/doubleRoom Block Deadline: May 11, 2024Room Block Link: June 2024 Sleeping Rooms CFC BudgetPro Workshop 1-1/4 Skill Builder Credits
CFC BudgetPro is an Excel-based tool, tailored for electric distribution cooperatives, to assist in creating a 12-month operating budget, including optional balance sheet, cash flow, and financial ratio projections. In this hands-on training, attendees will join CFC experts to learn how to prepare a budget, adjust forecast assumptions, model various scenarios, and interpret results.
The learning objectives for the workshop are to understand the purpose and capabilities of CFC BudgetPro model, learn about key model features and practical applications for cooperatives, confidently source relevant budget inputs like revenue, and generate charts and financial statements from the model.
FEATURES
Worksheet navigation through a main control worksheet
Help integrated into the model through comment fields
Color-coordinated data-input cells
Detailed payroll and benefit calculations
Ability to perform sensitivity analysis for three different levels of kWh sales
Ability to analyze impact of retail rate increases
Forecasting of key ratios
Ability to graph select results and automatically copy into PowerPoint
New Features for BudgetPro 5.9.21
Enhance payroll security with the use of encryption
Activity-based budgeting
Better, more simplified charts and graphs
Improved capital forecasting
The number of employees to model in detail has increased from 200 to 600
Budget up to three overtime rate and hour combinations per employee
Users can now accurately model the financial implications of FASB 158
The ability to create new Excel tabs within the model
Export to multiple accounting vendors
A simplified home page design
In order to hold this course, a minimum enrollment of 20 participants is required. Class is limited to NO MORE than 40 participants. Register early to secure your seat!
