How are financial assumptions entered or updated?”
Every income and expense item is expressed as an algorithm. Formulas were chosen for their predictive merits. There are 4 primary assumption pages: • Sales: The Sales and Headcount pages should be filled out first. See the Sales Calculation FAQ for details about sales projection options. • Headcount: Here’s where you enter the size of your workforce and their wages. Wage information will not print – in fact it won’t even display on the screen. We did this to keep wage information as confidential as possible. • Financial Assumptions page: This page lists every income and expense item in detail. It shows up to 2 years of historical activity; totals for the first projected year; input cells highlighted in yellow; and a detail explanation for how each number is calculated. The numbers react instantly to changes in assumptions, giving you immediate feedback and helping to speed up the preparation process! • Depreciation Schedule: This schedule is updated automatically by assumptions in the
