P&L / Income Statement Quick Start
FastClose comes with a variety of sample P&Ls out of the box that you can amend to match the chart of accounts of your business and the way you want to display your data.
Watch this video to find out how to amend the samples, to meet your needs
The following samples ship as standard
O1 GL Balances for Management Reporting
Very similar to the standard GL 01 Balances Template but with calculations pre-created and selected by default so that data is signed correctly
P&L Cumulative This Year to Date with Target
As above but with a sample P&L included and the following columns shown
P&L Quarterly with Target
As above but with a sample P&L included and the following columns shown
P&L Rolling Three Months
As above but with a sample P&L included and the following columns shown
P&L This Month vs YTD vs Last Year
As above but with a sample P&L included and the following columns shown
P&L This Year To Date by Month
As above but with a sample P&L included and the following columns shown
P&L This Month vs YTD vs Last Year
As above but with a sample P&L included and the following columns shown
Projected latest Estimate
This includes a sample P&L with actuals up to current reporting month of the year, with the planning figures to the end of the year, which combined give a planned Latest Estimate for the year
Duplicate sets of these solutions are provided to cover the scenarios where
Actuals and Budgets are both sourced from the native ERP
Actuals come from the ERP, but budgets / plans are sourced from FastClose Planning
Further, duplicate sets are provided depending on how you like to see your data signed, with separate folders for:
Sales and Expenses both signed as positive numbers
Sales as positives numbers, Expenses as negatives
Natural signed (ie: Sales negative and Expenses positive)
