How the Financial Plan works
Holded's Financial Plan provides you with a comprehensive view to manage and project your financial goals.
You can use the Goals and Cashflow tools in sync, navigating between the two views to project and analyze data consistently.
To get started, go to Analytics > Goals or Treasury > Cashflow, and follow the steps below to get the most out of the Financial Plan.
1. Initial setup
The first time you log in, perform the basic setup by defining the key variables (deadlines, VAT type and regime, and payroll), as well as the account groups.
Although you can adjust these settings later, doing so at the beginning ensures that the financial information is properly aligned with the structure of your business.
2. Create goals
Once setup is complete, set and adjust your financial goals, including revenue, expense, and monthly bottom line goals, to guide your decisions and evaluate your business performance.
Learn how to create goals in this article.
3. Manage additional scenarios
Finally, you can create and compare additional scenarios to explore different projections based on variations in income or expenses. This allows you to prepare strategies for different financial situations and adapt to potential changes.
Learn how to create scenarios here.
Browse the table and chart
In the main screen, you will find a table that integrates your business information recorded in the accounting accounts and the goals you have set for the future (or actual, for months already past due).
The table is divided into two parts: "actual" and "goal", reflecting past and future activity, respectively, and taking the current date as a reference:
Past months: shows the actual (accounting in Goals, payments in Cashflow).
Current month: shows the goal defined for that month; the "actual" values can be consulted in the floating text by hovering the mouse over it.
Future months: shows the goals defined for each month.
Table modes: viewing and editing
The table has two modes: viewing (default), where you see what you have done in past months, and editing, to enter goals in any month. Double-click on a cell to edit, then select "Save".
☝🏼 The goals you enter in the Goals view are automatically projected in Cashflow, but you can manually adjust them or customize Holded's projections. Learn more here.
Color codes and formats in the table
To correctly interpret the table, keep the following codes in mind:
Figure in parentheses: represents a negative amount.
The cell in yellow: indicates that you have edited the value, but not yet saved it.
Cell border dotted in orange (in edit mode): shows the reference cell for creating goals based on others.
The underlined figure: indicates that you have edited and saved the value.
Cells with red triangle: the figure reflects what has been completed for the month in question (paid or collected), although there is still a portion to be settled.
Customize the chart
At the top, you will see a line chart showing the information in the table. You can hide or show it with the "show chart" button, and customize the view from the gear icon in the upper right corner.
The chart includes three lines representing:
The actual (solid line).
Goals (dashed line).
Forecasts (solid line up to the present, then dashed).
Check or uncheck the boxes for "Income", "Expenses" or "End of month result" (in Goals), or "Payments", "Receivables" and "Closing balance" (in Cashflow) to adjust the display.
You can also select the scenarios you want to compare by checking or unchecking the boxes at the top. Each scenario will be displayed in a different color.