New user Salary Modeller and Q2 forecast

Overview

This course is to be delivered on line via Microsoft Teams. The training is split into two sessions Salary Modeller and Q2 Forecast.

Salary Modeller – new user and refresher

Aimed at individuals who have had limited or no experience of using the salary modeller tool.

This part of the session will cover the basics of how the tool works and how it is used for budget setting and monitoring.  

The new user and refresher course will be delivered in one 1 hour session.

Date & Time: Thursday 5th October 2022 11-12am

 https://www.eventbrite.co.uk/e/salary-modeller-new-user-workshop-tickets-366764661977

Once your booking has been received you will receive an email with a link to access the Microsoft teams meeting.

Q2 Forecast

In line with Forecasting monitoring procedures, schools are required to review the Financial Plan set in April/May against the actual expenditure to date, and to project a revised forecast to year end which is a best estimate.

Training will be delivered in a 1 hour session with a choice of a morning or afternoon session over 2 days. There will also be an opportunity to book a further individual 20 minute session to share your modeller on line (details on how to book these will be advised on the training sessions). You will need to book this session for either the 12th or 13th of October separately.

Date & Time:

Wednesday 12th October morning session 11-12am

https://www.eventbrite.co.uk/e/q2-forecast-workshop-tickets-366769446287

Thursday 13th October morning session 11-12am

https://www.eventbrite.co.uk/e/q2-forecast-workshop-tickets-366771422197

Once your booking has been received you will receive an email with a link to access the Microsoft teams meeting.

The Q2 deadline is 18th October 2022

Suitable For: All Finance Staff and Bursars (especially beneficial for new Finance Staff)

Time: I hour session for new user and refresher. Separate 1 hour session for Q2 forecast.

Cost: If you have a Finance package 150 credits for the first delegate and 75 credits for an additional delegate. If no Finance Package has been purchased please refer to Schools Finance Packages 

 Objectives

By the end of the course you will be able to:

• use the salary Modeller tool to its full advantage and how it can assist with your monthly monitoring.
• understand the functionality of the Salary Modeller and the Forecast spreadsheet.
• complete your forecast
• consider outcomes that may affect your year- end forecast position.

 Details

• Demonstrate how changes will impact your budget position
• Demonstrate how the tool can be used for budget setting and budget monitoring.
• Explore the different elements of the tool and explain its functionality
• Explain how to complete the forecast submission spreadsheet
• If required book a 20 minute individual session to share your salary modeller on line to look at any queries.