E – Work Orders To register go to: http://www.cvent.com/d/vtqk47 NUTS & BOLTS OF WORK ORDERS Date: Wednesday & Thursday, November 29 & 30, 2017 Time: Wed: 9:00 a.m. – 4:30 p.m. Thur: 8:30 –
To register go to: http://www.cvent.com/d/vtqk47
NUTS & BOLTS OF WORK ORDERS
Wednesday & Thursday,
November 29 & 30, 2017
Wed: 9:00 a.m. – 4:30 p.m.
Thur: 8:30 – 11:30 a.m.
La Plata Electric Association
45 Stewart Street
Durango, CO 81303
$660 for 10 – 14 students
$445 for 15 – 19 students
$340 for 20 – 24 students
$270 for 25 – 30 students
$230 for 30 – 35 students
The class size is limited to 35 participants.
Lunch will be provided on Wednesday.
Participants will be billed after the course is held.
The cost of this program has been reduced thanks to a donation from the Colorado Electric Educational Institute
Contact Jen Hight at the CREA office (303) 455-2700 ext. 700 or email firstname.lastname@example.org
November 10, 2017
A minimum of ten people must be registered for the course to be held. A letter will be sent to all participants confirming their registration in the course.
Cancellations received on or before the registration deadline will receive full refunds. Cancellations received after the deadline may be billed 25 percent of the registration fee.
|This 1 1/2 day course is for all employees of utilities who have any part of the plant construction process. The course brings out the importance of operations and accounting in the work order process. Both are equally important. Every dollar charged to a work order will eventually be charged to the rate payer.
The course will help line crews, staking personnel, accounting clerks, engineers, work order clerks, materials management personnel, payroll clerks, accounts payable clerks and any other employee who touches a work order. A construction and retirement work order will be tracked through all processes and closed to plant in a “practice-set” approach. Topics include:
The Electric Delivery System – a brief introduction to the importance, composition and accountability of the utility’s electric delivery system.
The Purpose of a Work Order System – discussion of accounting for capital vs. operating expense.
The Sources of Capital Planning – discussion of necessary planning elements, their names and functions, and who typically prepares them.
Financing Options – what’s best to use, internal funds (rates), loans from RUS, CFC, CoBank, bond sales or other outside agencies, or CIAC
The Work Order Chain of Events – who does what and when?
Work Orders, Accounting and Financing – YES, there is a difference between accounting and financing purposes in the work order system — an often misunderstood concept!
The Cost Elements of a work order system – Labor, materials, and overhead, problems, concerns and triumphs!
Staking – let’s stake a line! A concise and clear presentation of what it looks like “in the field”. Clear photos of construction assemblies.
Unitization and Distribution to plant accounts – Translating from construction specs to accounting units and the importance of standard costs.
Continuing Property Records – purposes and function
Contract Construction – a brief discussion of contracts and the proper forms.
Special Equipment – accounting process and discussion of trends in the industry moving away from special equipment and towards transformers as inventory.
Supplies To Bring:
· Most recent year-end financial report (Parts A-M)
· Summary value of materials used in the year of report above along with ending value of account 154 if not an RUS borrower
29 (Wednesday) 1:00 am - 30 (Thursday) 1:00 am
La Plata Electric Association
45 Stewart Street, Durango, CO 81303