Flexible capital forecasting

Combine detailed capital budgets and actual accounting rules to produce multiple capital and plant forecasts, both book and tax, in minutes rather than days or weeks.  Automatically access recorded data from existing financial systems to marry with capital budgets, letting the systems do the heavy lifting and freeing users to do analysis.

CASE 1 Evaluating Multiple Capital Recovery Programs

In the utility industry, an optimized capital program is critical to financial performance and regulatory recovery. Our client’s management needed multiple scenarios evaluated in detail to choose the best path forward. However, their spreadsheet process was so labor intensive, error prone and time consuming that it was difficult for them to analyze multiple capital investment options in a timely manner.


  • Implementing UIPlanner Plant Book and Plant Tax solutions allowed the utility to efficiently process various capital forecasts, providing quick comparisons of plant accounting outcomes. 

  • The powerful Calculation Rules Engine allows UIPlanner Plant Book to accurately emulate actual, per-book, plant accounting calculation rules and methodologies.

  • The flexible interface technology of UIPlanner made it easy to import actual recorded plant data, keeping the forecasts up-to-date.

Using UIPlanner Plant Book and Plant Tax, the utility was able to settle on the optimal capital program that met the company financial goals and the needed transparency for regulatory recovery.

CASE 2 Tax Law Changes

Confronting material changes to tax rates and rules, our client’s forecasts needed to include scenarios accurately reflecting the anticipated impact. However, correctly forecasting fixed asset deductions requires many records of data and complex rules. Their tax accounting systems were too slow to forecast multiple years and spreadsheets wouldn’t be able to handle the requisite detail. 


  • UIPlanner Integrations were configured to import vintage fixed asset tax return results from the client’s plant tax accounting ledger. 

  • Plant Tax calculations in UIPlanner precisely followed established tax rules and methods, including ARAM. UIPlanner’s in-memory processing enabled the client to quickly and accurately forecast its existing and projected assets to determine the impact of the tax rate change on current and deferred tax expense and deferred tax balances.

  • UIPlanner Pivot Reporting was leveraged to summarize results for analysis, comparisons and presentations.

Implementing UIPlanner Plant Tax allowed the utility to quickly estimate the impact of the tax rate changes and develop its best course of action for customers, shareholders and regulators.

CASE 3 Financial Forecasting Consolidation

Due to a recent merger, our client needed to achieve consistency across the newly combined companies by consolidating their financial systems. However, each legacy company had unique best practices regarding plant accounting forecasts that couldn’t be immediately abandoned. A system would be required with sufficient flexibility to support the varying practices while simultaneously producing an accurate and consistent consolidated view.  


  • UIPlanner Plant Book and Plant Tax was installed enterprise-wide providing standardized calculations and consolidated reporting of plant accounting forecasts across the enterprise. 

  • Interfaces with the general ledger, plant accounting and tax accounting systems followed a consistent methodology across companies.

  • UIPlanner’s administrator-defined user interfaces and a highly customizable Workflow Framework enabled the different companies to each retain their legacy business processes without compromising consistent corporate results. 

The combined enterprise achieved an efficient process to gather capital project data and apply standardized calculations, achieving consistent and consolidated plant accounting and tax forecasts. At the same time the semi-autonomous entities were able to retain the proven business processes that best suited their unique cultures.

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