PORK$HOP.2007: EXPAND
YOUR KNOWLEDGE, CONTACTS AND POTENTIAL TO COUNTER THE COMING COST SQUEEZE
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| This
year's PORK$HOP location: the brand-new DeWaay Commerce
Park in Clive, Iowa. |
Join
industry leaders from across North America to concentrate on costs
and strategies to protect profitability. |
Simply emulating industry practices or "managing by habit" are not sustainable strategies in light in the new cost squeeze from feed, sow housing, buildings, energy and disease.
The 15th Annual PORK$HOP seminar, sponsored by CPA firm
Latta, Harris, Hanon & Penningroth, LLP and FBS Systems, Inc. will help
you adapt your expectations and business practices to today's extraordinary
agricultural environment, beginning with the latest production segment
cost benchmarks. Next, we'll hone in on the #1 cost—feed—and
explore innovative strategies for reducing costs and risks from
financial, marketing and nutritional experts. Then, you'll
be briefed on how US policy will be impacting corn costs and opportunities
to diversify your investments outside of agriculture. Finally,
take a fresh look at technologies and management practices to more
effectively analyze, control and grow your business.
The speakers this year include:
Michael
Swanson, Ph.D.
Vice President and Agricultural Economist for
Wells Fargo, responsible for analysis and forecasting agricultural
commodities and livestock sectors. |
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Mark
Greenwood
As Vice President, AgriBusiness Capital for AgStar Financial Services,
Mark manages an $800 million swine portfolio. |
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Don
DeWaay
Founder of DeWaay Capital Management, Don is a nationally recognized
speaker and investment advisor. |
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Moe
Russell, M.B.A.
President of Russell Consulting Group, specializing in
risk management, H.R. management, business planning and feasibility
analysis. |
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Chad
Hastad, Ph.D.
Chad's expertise is providing long term profit maximization
solutions to clients through Swine Nutrition Services, Inc. |
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Andy
Schweitzer, D.V.M.
Andy applies Statistical Process Control and Six Sigma
to initiate process changes at Burkey Farms. |
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Howard
Doster, Ph.D.
Purdue Economics Professor Emeritus, Howard has trained
three generations of producers in budgets and simulations. |
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To download a complete program, click
here.
Space is limited. You must register by June 1st, 2007 to qualify for a reduced conference fee.
For more information or to register visit our web
site or call 800.437.7638 today.
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MAJOR TIMESAVR SERVICE CHANGES BEGIN JULY 1
Since the
TiMEsavr Service plan began in 1997 we've offered three levels
of service agreements—Basic, Priority and V.I.P.—tailored to a wide range
of budgets and expectations. Throughout those ten years we haven't raised
our prices or changed what's covered under each policy. In the meantime
many of your businesses have expanded, our software has become more complex,
the Internet has opened new possibilities and Red Wing has introduced
their new CenterPoint Payroll system.
To prepare you for these exciting changes ahead, we announce TiMEsavr
2.0. Here are a summary of the new policies and options:
Basic Support
| • |
$1.50
per minute charge / $15.00 minimum charge per incident for calls
over 5 minutes (This has been our published policy since 1997, but
we have not enforced it consistently.) |
| • |
Service
limited to one support contact per FBS customer |
Priority Support
| • |
Annual subscription fee increased to $399.00 |
| • |
Service
limited to one support contact per FBS customer |
| • |
Payroll support not included |
V.I.P. Support
| • |
Annual subscription fee increased to $699.00 |
| • |
Service
limited to one support contact per FBS customer |
| • |
Webex/Terminal Services desktop sharing available |
| • |
Payroll support not included |
Corporate Support
| • |
All-new service plan for larger clients |
| • |
Includes benefits of V.I.P. plus: |
| • |
Support for up to three company contacts |
| • |
Four hours of custom program modifications ($600.00 value) |
| • |
Membership in the FBS Advisory Council |
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Free registration at the annual FBS User Conference in August |
| • |
$1299.00 annual subscription fee |
Payroll Support
Option 1:
| • |
Provided directly through Red Wing "Silver" Customer Care Membership |
| • |
Unlimited, toll-free access with guaranteed one hour response time |
| • |
Includes upgrade to CenterPoint Payroll and service pack
downloads |
| • |
Includes tax tables and Federal tax forms |
| • |
Setup and training extra ($90.00 per hour via phone, web or on-site) |
| • |
$524.00 annual subscription fee |
| • |
$25.00 / company for over 3 companies |
| • |
$45.00 for quarterly update CD (downloads are free) |
Payroll Support
Option 2:
| • |
Provided through FBS Technical Support Department |
| • |
Response time determined by FBS support plan |
| • |
$1.50 per minute charge / $25.00 minimum per incident |
| • |
Includes upgrade to CenterPoint Payroll and service pack
downloads |
| • |
Includes tax tables and Federal tax forms |
| • |
Setup and training extra ($90.00 per hour via phone, web or on-site) |
| • |
$275.00
annual subscription fee |
| • |
$25.00 / company for over 3 companies |
| • |
$45.00 for quarterly update CD (downloads are free) |
For a complete list of FBS TiMEsavr 2.0 service and training options,
click here.
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CURT CHRISTIANSON WRAPS UP 10 YEAR CAREER AT FBS
Many of you have gotten to know Curt Christianson over the past ten years. He's become our resident Farm/Trust Manager expert and has applied his analytical skills to helping clients understand accounting and their computers. Effective this month, Curt has retired from full time duties at FBS, but he is available for special projects (when he's not playing the grandkids!). Meanwhile our sales and technical support experts will make sure they take care of Curt's clients as well as he did. Best wishes, Curt!
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SOFTWARE
Q&A – WITH Q'S FROM YOU, OUR CLIENTS!
Send
us your questions/problems–be they short, long, simple or downright
frustratin'!–about SeRVware
and we'll handle them right "on the air" for the benefit of all.
|
Q.
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Why doesn't the beginning bank balance for May match the ending bank balance for April on my Bank Reconciliation Report? |
| A.
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There are two possible solutions.
| 1. |
The
discrepancy is probably caused by uncleared checks or
deposits. The default "look back" period is four months.
The beginning balance is calculated from the January
1 balance of the current year and "looking back" four
months from the beginning of the report for any uncleared
checks and deposits. If you run the report for May 1
to May 31 and have a check or deposit not cleared from
December of the previous year, that entry will not be
calculated in the beginning balance of the report. It
was included in the beginning balance on the April report. |
The
"look back" period is a preference that can be changed
under Utilities | Set Preferences. Find
the line description, Cleared Look Back Months,
and put a number in the value column for the number
of months you want the program to "look back" for uncleared
checks and deposits and click on Save.
Tip: You don't want to set
the look back period any longer than necessary because
the Bank Reconciliation Report will run slower if it
always has to look into the prior calendar year. |
2. |
The beginning balance for January 1 of the current year
is incorrect. For the months January - April,
the beginning balance on the check register/reconciliation
report uses the January 1 balance of the previous
year and calculates the beginning balance. After
April 30 the beginning balance is calculated from the
stored beginning balance January 1 of the current year. To
check the January 1 beginning balance of the current
year run a bank account summary report for January 1
to January 1 of the current year. The beginning
balance on this report is the "stored" (or rolled
over balance) on January 1 of the current year. Next
run a check register report for January 1 to January
1 of the current year. The beginning balance
on this report is calculated from the January
1 balance from the previous year (adding and subtracting
all bank activity from the previous year.) The
beginning balances on both reports should be the same.
If they are not then run Utilities | Create Beginning
Balances and check Accounting for the current
year and check the bank account summary report again.
If the beginning balance on the summary report
agrees with the beginning balance on the check register
report for Jan. 1 of the current year the problem is
fixed and the beginning May balance should be correct
also. If it is still not correct there is a problem
in last year's accounting records. Change
to the previous year's file and run Utilities | Recover
Bad Data and check Accounting. Also check
the User Defined Report for undefined entries
and/or out of balance entries. When
the error in the previous year is corrected, change
back to the current year's file and recreate beginning
balances again. |
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