Post on 22-Jun-2020
transcript
CFC BudgetPro™ v4, The BasicsWebinar Series 1 of 5
Steve Beck, Regional Vice PresidentMonday, July 18
How to Submit Your Question
Step 2: Click on the Send
button.
Step 1: Type in your question
here.
CFC BudgetPro™ v4, The BasicsWebinar Series 1 of 5
Steve Beck, Regional Vice PresidentMonday, July 18
CFC BudgetPro speakers and topics include:
TuesdayTuesday -- Revenue -- Terry Mallard
WednesdayWednesday -- Payroll -- Rod Crile
ThursdayThursday -- Clearing Accounts, Capital Expenditures and
Operating Expenditures -- Johnny Vaughn
FridayFriday -- Financial Statements and Integration -- John Grant
CPE Guidelines…
� Attend the webinar for the full session.
� Submit at least one question during the
webinar’s Q&A section.
� Complete the evaluation at the end of
the session.
Learning Goals and Objectives
At the end of the webinar, participants will know:
•Where to obtain BudgetPro v4
•BudgetPro v4 basics
•Data requirements
•Common spreadsheet features
•How to navigate to different sections
According to PC Magazine, which of the
following was considered the first electronic
spreadsheet?
A. Lotus 1-2-3
B. Excel
C. Borland Quattro
D. VisiCalc
E. Apple Numbers
Polling Question
Steve Beck,
Regional Vice President,
CFC
Overview of Webinar Series
• Monday: Cover housekeeping items and the “Home” worksheet
• Tuesday: Revenue and cost of power
• Wednesday: Payroll
• Thursday: Clearing accounts and capital
expenditures
• Friday: Financial statements, graphs, ratios
and integration
Where to Obtain CFC BudgetPro v4
• CFC’s Member-Only Website
• Your CFC Regional Vice President
BudgetPro v4 Basics
CFC BudgetPro v4 is:
•An Excel-based budgeting tool for distribution co-ops
with a file size of approximately 32 megabytes
•A series of 37 worksheets, contained in six functional groups
•A documented budget model using integrated spreadsheets
•A tool that provides the end result of the four preferred budgeting statements
BudgetPro v4 Basics
CFC BudgetPro v4 is not:
•Designed for activity-based budgeting
•Designed to be used simultaneously on a system’s
network by multiple users
BudgetPro v4 Basics – Advantages
• Offers menu-driven “Home” worksheet
• Produces appropriate documentation of
budget items
• Allows preparation of “what if” analysis
• Contains the necessary linkage between
spreadsheets
• Utilizes cooperative account numbers
BudgetPro v4 Basics – Advantages
• User can input either detailed budget information or simply utilize summary information
• Contains error checking
• Produces the “Budgeted Financial Statements” that directors are interested in
• Produces pictures of the budget in graph form
• Produces reports to facilitate moving information to
your accounting software
Data Required for BudgetPro v4
• Historical financial information contained in the cooperative’s annual Form 7 for up to five years
• Detailed payroll information
• Rate summaries
• Power costs from power provider
• Benefit information
• Current work plan
• Long-term debt information
• Current power requirements study
Common Features
• Color coding
– Light green: Entry allowed
– Dark green: Entry already made
– White: Outside of borders – open
Common Features – Color Coding
Common Features
• Cell comments
• Hide/unhide worksheets
• Hide/unhide rows
• Hyperlinks
• Use of white space (work areas)
• Dropdown boxes
Common Features
Hide & Unhide worksheets
Hyperlinks
Common Features
Hide & Unhide rows
Common Features – Macros
• Should work fine in Excel 2007 or Excel 2010
• Need to allow macros to run
– 2007 & 2010 – Message bar below menu –
Options – Enable This Content
Common Features – Macros (Cont.)
• 2003 – If you don’t get a dialog box in the middle of your screen when you open the spreadsheet, then
chances are, macros are disabled.
• To enable macros:
– Click on: “Tools – Macro – Security – Medium”(will need to close and re-open spreadsheet).
When the dialog box displays, click Okay to enable
macros.
Flow Chart
“Home” Worksheet – Top Half
Worksheets organized by
function (color coded)
Status and comments entered
on each worksheet (not here).
“Home” Worksheet – Bottom Half
Click here to update to v4.
Create export files.
Print preview various
worksheets.
Now…let’s turn it over to our audience!
How to Submit Your Question
Step 2: Click on the Send
button.
Step 1: Type in your question
here.
Please take a minute to complete
the NRECA survey.
If you are requesting CPE credits, this is If you are requesting CPE credits, this is
a requirement.a requirement.
WWW.NRUCFC.COOP
Events &
Training Tab
Look for the
replay of this
program early
next week
CFC BudgetPro speakers and topics include:
TuesdayTuesday -- Revenue -- Terry Mallard
WednesdayWednesday -- Payroll -- Rod Crile
ThursdayThursday -- Clearing Accounts, Capital Expenditures and
Operating Expenditures -- Johnny Vaughn
FridayFriday -- Financial Statements and Integration -- John Grant