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Planning Module for Profit and Loss, Balance Sheet, and Cash Flow Forecasting

The Planning Module is a comprehensive feature within Factview that enables users to calculate and analyze future financial performance.

With this module, you can create planning scenarios and automatically calculate:

  • The Profit and Loss Statement

  • The Balance Sheet

  • The Cash Flow Statement

What Is a Plan?

In Factview, the term plan is used as a collective name for all types of future financial data, including:

  • Budgets

  • Financial plans

  • Forecasts

  • Latest estimates

When saving a plan, you can assign your own name.

The data is stored as an Import Set, making it easy to identify the purpose of the figures.

How the Planning Module Works

The Planning Module combines:

  • Actuals (financial results up to a selected reporting period)

  • Future planning data, such as budgets or forecasts

Based on this information, Factview automatically generates a complete forecast, including:

  • Year-end figures for the Profit and Loss Statement

  • A projected Balance Sheet

  • A complete Cash Flow Statement

Supporting items, such as:

  • Accounts Receivable

  • Accounts Payable

  • Cash Position

are automatically included in the calculations.

Automatic Calculations

One of the key features of the Planning Module is that entered amounts are automatically translated into future financial postings.

This means:

  • A single input can generate multiple calculations and postings.

  • Relationships between the Profit and Loss Statement, Balance Sheet, and Cash Flow Statement are calculated automatically.

  • All reports remain consistent with one another.

Calculations are automatically updated whenever planning data is changed.

Working with Scenarios

The results of a plan can be saved as a separate Import Set.

This makes it possible to:

  • Create multiple scenarios.

  • Compare different outcomes.

  • Evaluate alternative future projections.

Multi-Year Forecasting

The Planning Module supports forecasts over multiple years, including:

  • Short-term forecasts (for example, 1 year)

  • Medium-term forecasts (3 to 5 years)

  • Long-term forecasts (for example, 10 years)

All reports are automatically recalculated regardless of the selected planning period.

Applications

The Planning Module is commonly used for:

  • Financial planning and budgeting

  • Cash flow forecasting

  • Scenario analysis

  • Strategic decision-making

The module provides powerful insights into the future financial position of an organization.

Planning Module Introduction Video NL