Computer Financial Modeling Workshops has assisted many institutions with custom development of a Five Year Budget Model.  The basic model is customized to meet the needs of the organization.   Individualized assumptions sheets are created for these models.  The revenue and expense part of the Five Year Budget Model is customized to include the account structure of the institution's general ledger database.  Special codes are usually added for budget officers to make possible reporting by area of responsibility.  Assumptions are developed for revenues and expense.  A department detail sheet is prepared that includes all line items for each department.  In some cases position budgets are prepared and linked to the department detail sheet.  Other institutions have included restricted budgets and special divisional sheets for the model.  Various reports are prepared including a budget summary, department summary, object reports, position FTE and headcount, graphs, ratios, financial position and many more.  The cost of a custom model is determined by the complexity of the project.  In most cases a very reasonable fixed price can be quoted. 

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