Smart Start Features

Getting Started

• Import trial balance, months P&L, months balance sheet
• Key in a financial statement and in minutes 90% complete.
• Key in data or import from QuickBooks, Peachtree, GreatPlains, Excel or any accounting software

Sales

• Calculate annual sales by month plus collections
• 3 methods of calculating sales collections:
  • Percentage of sales
  • Developed pattern (so much collected in following month etc.)
  • Collections computed based on days sales in accounts receivable.

Management Reports

• Comparative P&L (actual vs forecast)
• Comparative cash flow (actual vs forecast)
• Monthly ratios with exceptions
• Break-even analysis
• Ratio analysis
• Plus 14 additional reports:
  • P&L: monthly, quarterly, year to date
  • Cash flow: monthly, quarterly, year to date, indirect and direct methods
  • Term loans report
  • Notes receivable report
  • Notes and assumptions automatic
  • Graphics

Expenses

• Up to 250 expenses
• 4 expense departments
• 6 methods to calculate an expense:
  • Percent of sales
  • Fixed expense
  • Percent of another expense
  • As you wish
  • When you know the expected amount
  • Adjust prior years expenses +/-

Other Items

• Amortization of prepaid expenses
  • Edit the payment assumption to be applied to an expense
• Multiple year forecasting up to 5 years or more
• Have up to 99 forecasts online
• Sales tax payment and collection
• Interest on cash balances
• Dividends: charge equity or show as an expense
• Loans to/from affiliates and much more!