FINPACK Long Range Planning

FINPACK Long Range Planning

As you work with agricultural customers this winter, do you find yourself running multiple cash flow scenarios?  Are some farms wanting to compare major changes to their operation with their current situation?  Are farm customers then looking to you for advice and feasibility of these plans?  Instead of running multiple cash flow projections based on different scenarios, use FINPACK’s Long Range Planning tool FINLRB.  The Long Range Planning tool (FINLRB) is available as one of the FINPACK Projection tools for agricultural files. This projection tool allows you to compare multiple alternatives for a farm or ranch operation at one time.

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How to Use the FINPACK Loan Calculator

How to use FINPACK Loan CalculatorThe FINPACK Loan Calculator is a useful tool as you enter or edit loan payment information into a Balance Sheet, Cash Flow Projection, Long Range Plan, or Financial Analysis in FINPACK.  The loan payment details from the Loan Calculator can be pasted into data entry, or it can also be used as a freestanding tool to brainstorm possible loan payment options.  When using the calculator in freestanding mode, the information cannot be pasted into FINPACK.  Here the only option is to View Payment Schedule and print or export the schedule.

There are two types of repayment options in the FINPACK Loan Calculator – amortized payments or fixed-principal payments.  The type of loan being modeled will dictate the specific calculator chosen.  [Read more…]