FINPACK News
Latest News
How to Determine Schedule F Income in FINPACK
Today’s post focuses on Schedule F income utilized in the Schedule F Cash to Accrual tool. This FINPACK tool takes cash income from Schedule F, along with beginning and ending balance sheets, to arrive at accrual adjusted income for the year.
Latest FINPACK Update Available Now
The latest FINPACK update is version 6.4.8.219. The update will be applied automatically for FINPACK+ users. For users of FINPACK installed, you’ll need to update via the HELP menu inside FINPACK. Launch FINPACK and select Software Updates under the HELP menu. Click ‘Check for Updates’, then follow the steps to install.
Minnesota farm incomes drop dramatically in 2023
Minnesota farmers experienced a drastic reduction in farm income in 2023 primarily caused by decreasing prices for corn, soybean, and other commodities and challenging profitability for the dairy and hog sectors.
FINPACK News March Digest
FINPACK FAQs, Registration for FINPACK Lender Training, Consolidating Data Sources in FINPACK+, How to Import Data into FINPACK+ Credit Analysis Files, Unlocking Business Secrets wtih UCA Cash Flows and more!
Unlocking Business Secrets with UCA Cash Flows
In the commercial lending world, the uniform credit analysis (UCA) cash flow is a powerful tool allowing lenders to accurately determine sources and uses of cash for a business and determine the ability of a business to repay a loan. In this article, we will discuss UCA cash flows in FINPACK, how to use the UCA cash flow, and how to sleuth for discrepancies in the UCA cash flow.
How To Learn FINPACK
FINPACK offers multiple training resources, including in-person, online and customized training options. FINPACK Lender Training Workshops...
How to Import Data into FINPACK+ Credit Analysis Files
New data, from an external FINPACK Credit Analysis file can be imported into your institution’s
FINPACK+ Credit Analysis file for a customer. This feature allows you to add information, like
a balance sheet or cash flow projection, into an existing Credit Analysis file without overwriting the
remaining contents of the file.
Consolidating Data Sources in FINPACK+
FINPACK Credit Analysis allows users to consolidate the balance sheets or tax forms from several different data files into a consolidated...
Register Now for FINPACK Lender Training
Registration is now open for the next in-person FINPACK Lender Training session, May 21st & 22nd, right here on the University of...
FINPACK FAQs with the FINPACK Support Team
Adam Moua and Kevin Hamilton from the FINPACK Support Team answer some frequently asked FINPACK questions.