(800) 234-1111


FINPACK What’s New Fall 2017?

by | Nov 1, 2017

FINPACK-Whats-New-2018In the FINPACK What’s New videos, we’ll look at the major updates for the Fall 2017 release of FINPACK.  The most notable new features updated projection tools and enhanced capital purchase and sales entries.  Use these videos to quickly understand the new features, to best utilize the newest release of FINPACK.

Here is a breakdown of what is new in FINPACK for the Fall of 2017…

Projection Tools

  • 3 types of cash flow projections available in one tool:  Annual Plan, Monthly Plan, and Monthly Plan with Enterprise Budgets.
  • The Annual Plan and Monthly Plan with Enterprise Budgets are similar to previous versions.
  • The Monthly Plan is new.  A user can now enter monthly projection detail, without the need to enter crop or livestock budgets.
  • “Legacy Projections” will be available for 2018.  These are the Annual Plan and Monthly Cash Flow projection tools from previous FINPACK versions.  These tools will remain for the coming year as users transition to the new projection tools.  These Legacy tools will have the same projection functionality you are accustomed to and are located under Legacy Projections in the file navigator dialog.
  • There is a video outlining the details of each projection tool.  Watch these to learn more about the FINPACK tool you use.

Capital Purchases and Sales

  • Additional information regarding the purchase and sales of capital assets can now be entered on the balance sheet.
  • The details of annual purchases or sales of machinery, titled vehicles, land, and buildings or improvements can be transferred to the financial analysis tools in FINPACK – Schedule F Cash to Accrual, Earned Net Worth Analysis, or the FINAN Financial Analysis.
+ posts

Pauline Van Nurden joined the FINPACK Team as an Economist in 2017.

Prior to joining the FINPACK Team, she worked as a lender. This provides her valuable industry experience and knowledge in her work with FINAPCK. Pauline holds a Master’s Degree in Agricultural Education and Bachelor’s Degree in Applied Economics, both from the University of Minnesota.

Latest News
New and Improved: Financial Ratios in FINPACK

New and Improved: Financial Ratios in FINPACK

This post highlights the updated financial ratios in FINPACK. The ratio updates are based on the recent updates to the Farm Financial Standards Council's Financial Guidelines for Agriculture. The 2022 release of the Farm Financial Standards Council's (FFSC) Financial...

FINPACK News – November Digest

FINPACK News – November Digest

The FINPACK Lenders Conference is around the corner, the FINPACK 2022 update is live including new monthly Commercial Cash Flow capabilities, and the FINPACK team at the ABA Ag Bankers conference in Omaha! Register Now for the FINPACK Lenders Conference...

The New Monthly Commercial Cash Flow Capability of FINPACK

The New Monthly Commercial Cash Flow Capability of FINPACK

What's New in the Commercial Cash Flow Tool in FINPACK? The 2022 Fall Release of FINPACK adds the capability to complete annual OR monthly cash flow projections for commercial clients. These projections can be for a few months or multiple years. This replaces the...

What’s New in the 2022 FINPACK Update?

What’s New in the 2022 FINPACK Update?

The 2022 FINPACK update brings changes to Tax Forms, incorporates new Financial Standards Measures, introduces a new Cash Flow Projection into our commercial tools and more! Farm Financial Standards Update The FINAN Financial Analysis and FINFLO Cash Flow Projection...

FINPACK NEWS Digest – October 2022

FINPACK NEWS Digest – October 2022

FINPACK lenders conference registration is open, the updated Farm Financial Scorecard, lender training, and looking forward to the ABA Ag Bankers Conference Register for the FINPACK Lenders Conference The FINPACK Lenders Conference is back in-person! Join us...