|
Side-by-Side Comparisons on Program Features |
SmartStart |
XT2-2009 |
| |
|
|
Sales: |
|
|
| Forecast annual, monthly sales |
x |
x |
| Forecast by product, service, customer, sales person, with individual collection assumptions |
|
x |
| Monthly Sales: |
|
|
| Based on last 12 months |
x |
x |
| Equal Each Month |
x |
x |
| As you wish |
x |
x |
| |
|
|
Collections: |
|
|
| By number of days sales in A/R |
x |
x |
| As a percentage of sales or in a consistent monthly pattern |
|
|
| Miscellaneous income (3 categories) |
x |
x |
| |
|
|
Cost of Sales: |
|
|
| Cost of Sales as a % of sales (material, labor and overhead) |
x |
x |
| Cost of Sales |
|
x |
| In detail – more precise forecasts |
|
x |
| Material |
|
x |
| Direct Labor |
|
x |
| Depreciation |
|
x |
| Payroll Taxes |
|
x |
| Overhead (14 accounts) |
|
x |
| Cost of Sales by Product, Customer or Employee |
|
x |
| |
|
|
Expenses: |
|
|
| Expenses – four default departments, 250 items, with all title fully editable |
x |
x |
| Additional expense departments – five more |
|
x |
| All expenses can have their own custom payment assumption |
x |
x |
| Forecast an expense as a: |
|
|
|
% of sales |
x |
x |
| Fixed monthly amount |
x |
x |
| % of another expense |
x |
x |
| % of total cost of goods sold |
|
x |
| % of gross profit |
|
x |
| % of a product’s sales |
|
x |
| As a weekly expense |
|
x |
| Cost per unit sold |
|
x |
| As you wish |
x |
x |
| Drill an expense down into multiple items that make it up |
|
x |
| Depreciation – all departments |
x |
x |
| Income taxes and estimated payments |
x |
x |
| Purchase of equipment |
x |
x |
| Expense computed on net income |
|
x |
| Prepaid expenses and amortization |
x |
x |
| Fringe benefits as a % of payroll |
x |
x |
| |
|
|
Payroll |
|
|
| Payroll as a % of sales |
x |
x |
| Payroll as a fixed monthly amount |
x |
x |
| Payroll by employee |
|
x |
| Proprietor’s draw |
x |
x |
| Payroll taxes |
x |
x |
| |
|
|
Financing |
|
|
| Credit line: |
x |
x |
| Accounts receivable and inventory based |
x |
x |
| Adjust line as you wish |
x |
x |
| Interest on line |
x |
x |
| Additional collateral in credit financing |
x |
x |
| Term loans and automatic amortization |
x |
x |
| New borrowings and investor activity |
x |
x |
| Notes receivable amortization |
x |
x |
| |
|
|
Contractor Features |
|
|
| Percentage of completion |
|
x |
| Cash flow analysis by job |
|
x |
| Monthly net revenue by job |
|
x |
| |
|
|
Additional Powerful Features |
|
|
| Costs of Good Section 18 Accounts items |
x |
|
| Costs of Goods Section 33 Account items |
|
x |
| Driver Calculator (our own version of a spreadsheet) |
|
x |
| Economic Value Added Caluculator |
|
x |
| Enhanced 5-cloumn report generator (on legal paper!) |
|
x |
| Goodwill Impairment (based on GAAP) |
|
x |
| Dashboard Reporting |
|
x |
| Import/Keyin data and map to individual lines |
|
x |
| Dynamic Balance Sheet Calculations |
|
x |
| Enhanced Auditors Expectations |
|
x |
| 1-Hour Forecast |
|
x |
| Consolidate multiple entities |
x |
x |
| Sales & Inventory Driver Calculators |
|
x |
| Automatic multi-year forecasts using trending |
x |
x |
| Automatic Roll Forward – 1, 2, or 3 months |
|
x |
| Integration of actual results into forecast |
|
x |
| Automated “What if? / sensitivity analysis |
|
x |
| Import data from any bookkeeping program |
x |
x |
| Key in Opening Trial Balance |
x |
x |
| Import a company budget |
x |
x |
| Profit/Non Profit toggle |
|
x |
| Minimum Cash Balance Override |
x |
x |
| Drill down balance sheet items |
x |
x |
| Enhanced importing instructions |
x |
x |
| |
|
|
Extras |
|
|
| Break-even analysis |
x |
x |
| Customer Deposits (Advanced payment on sales) |
|
x |
| Deposits to be made |
x |
x |
| Dividends to be paid |
x |
x |
| Print individual jobs |
|
x |
| Ratio Analysis |
x |
x |
| Foreign currency converter |
|
x |
| Interest income on cash balances |
x |
x |
| Print individual products/programs |
|
x |
| Sale of equipment |
|
x |
| Treasury stock |
x |
x |
| Z-score |
|
x |
| |
|
|
Reports |
|
|
| Monthly Profit & Loss forecast |
x |
x |
| Weekly Profit & Loss forecast |
|
x |
| Quarterly Profit & Loss forecast |
x |
x |
| Cumulative Profit & Loss forecast |
x |
x |
| Monthly Cash Flow forecast |
x |
x |
| Weekly Cash Flow forecast |
|
x |
| Quarterly Cash Flow forecast |
x |
x |
| Cumulative Cash Flow forecast |
x |
x |
| Indirect Cash Flow forecast |
x |
x |
| Projected Balance Sheets |
x |
x |
| Compare Plan P & L to actual |
x |
x |
| Compare Cash Flow to actual |
x |
x |
| Comparative Quarterly Cash Flow |
|
x |
| Comparative Quarterly P & L |
|
x |
| Financial Plan Notes & Assumptions |
x |
x |
| Break-even Analysis |
x |
x |
| Monthly Financial Ratio |
|
x |
| Yearly Financial Ratio |
x |
x |
| Monthly Sales by unit/line |
|
x |
| Sales by Unit – Comparative |
|
x |
| Monthly Cost by unit/line |
|
x |
| Collections by product |
|
x |
| Term Loan spreadsheet |
x |
x |
| Credit availability data |
|
x |
| Notes receivable spreadsheet |
x |
x |
| Payroll in detail/by employee |
|
x |
| Monthly Payroll by department |
x |
x |
| Monthly payroll in detail |
x |
x |
| Drill Down schedule |
|
x |
| Trends in Multi-year forecast |
|
x |
| Five year report |
|
x |
| Z-score |
|
x |
| Sensitivity Analysis |
|
x |
| Business Valuation – 4 reports |
|
x |
| Cash Flow analysis by job |
|
x |
| Monthly net revenue by job |
|
x |
| |
|
|
Full WEEKLY |
