Converting Legacy Projections

The Legacy Projection tools in FINPACK will be retired at the end of 2019. This includes the Annual Cash Flow Plan and the Monthly Cash Flow Plan. As you work on renewals in 2019, the FINPACK Team suggests you test out the new Cash Flow Projection tool found in Projections. Yes, there are a few changes to cash flow projections in the new tool, but by and large, we think you will appreciate many of the updates.    

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FINPACK Balance Sheet Worksheet

FINPACK Balance Sheet WorksheetGathering customer data for year-end analysis and credit renewal can be difficult.  FINPACK tries to assist with the process by providing a Balance Sheet Input Worksheet with the customer’s most recent balance sheet data for updating.  This tool is provided to the customer as a means to get current, updated balance sheet information for the current year.  This worksheet is one FINPACK tool to assist with customer renewals.

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What’s the Frequency?

What's the Frequency?Recently, there was a FINPACK News article on the basic functions of the FINPACK Loan Calculator.  This article goes in-depth on what the ‘Payment Frequency’ of the calculator means (i.e. the frequency of Annual payments, Monthly payments, etc.). Currently, the loan calculator payment frequency choices are Annual, Bi-monthly, Bi-weekly, Monthly, Quarterly, Semi-annual, Semi-monthly, and Weekly.

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Take Note

At times it is necessary and desirable to add notes in a FINPACK file.  Notes are a log of important items related to the specific FINPACK tool they are attached to.  Notes are often used to provide additional information related to the customer and the specific FINPACK tool.  Notes can give additional detail and further outline methodology used for FINPACK users.  For example, a Note can be added on a balance sheet to further describe the details of contracted grain.  Or a Note can be added to a cash flow projection to outline the procedure used and thought process behind a loan restructure proposal. [Read more…]

Need a Reminder?

FINPACK allows users to set a reminder related to a specific file.  A Reminder in FINPACK consists of a note related to the FINPACK file, as well as a due date for the action.  Reminders assist FINPACK users with completing tasks in a FINPACK file and can help track the progress of a customer file.  Reminders are accessed through the Reminder icon on the toolbar or going to File + Reminders.

Reminders

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Sending a File to FINPACK Tech Support

FINPACK Technical SupportThere are times when it becomes necessary to send a problem file to CFFM.  These troublesome files are then analyzed by FINPACK Tech Support, so the issue can be resolved.  FINPACK has the capability for you to send files securely to CFFM (and only CFFM). While in FINPACK, click Tools, then Send File.  This can be accomplished when are either in or out of the file you would like to send.  A window will appear that allows you to select the FINPACK file you want to send. [Read more…]

Report Preview Options

FINPACK Report Preview OptionsDid you realize there are options that can be selected when previewing output from FINPACK tools?  The drop-down arrow on the right side of the Preview Output icon allows the user to select the output options to be viewed when previewing.   Clicking the drop-down arrow brings up a dialogue box where the preview options are selected. [Read more…]

FINPACK Shortcuts

FINPACK Keyboard Shortcuts and Icons ChartFINPACK has a number of useful shortcuts that can aid users with data entry and general program utility.  Use the following chart full of helpful icons and keyboard shortcuts to increase your speed and efficiency while using FINPACK. [Read more…]

Longevity of Legacy Cash Flow Plans

Longevity of Legacy Cash Flow PlansThe option to create an annual plan or monthly cash flow plan using the Legacy Projection tools in FINPACK will remain for the next year (or two).  No official sunset date has been set at this time.  If you are a seasoned user that is very comfortable with the Legacy Projection tools, feel free to continue using them for this renewal season.    [Read more…]