Contents
 What is iPlanner.NET
 How it works
 Creating  a Business Plan
    Open and Add Projects
    Team Building
    Start and Setup
    Opening Balances
    Worksheet Features
    Saving and Team Work
    Publishing and Sharing
    Plan-Builder
    Financial Inputs (Lite)
    Financial Statements
    Sales Forecasting
    Labor Cost
    Other Operating Expenses
    Fixed Assets
    Paid-in Capital
    Business Loans
    Grant Financing
    Other Operating Revenue
    Dividends
 Management
    Managing Projects
    Adding Subunits
    Managing Users
 Resources
    Other Small Business Resources
 Maintenance


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Home > Creating a Business Plan > Start and Setup

Start and Setup

FINANCIAL PLAN > Settings

There is no previously determined sequence for the use of worksheets; nevertheless, when starting a new business plan with the software, it is recommended to review the setup. To do that you should go to the FINANCIAL PLAN > Settings worksheet.
After making your selections, click “OK”. 


When the setup has been reviewed, you can either compose the business plan structure and chapters (worksheet "Plan-Builder"), or work on the financial part of the plan (worksheets "Revenue",  "Expenses", "Assets", "Funding" and "Financials").

Plan setup

Input parameters (Professional mode)

Project name
 The project name can be changed.
Start Date
 The start date refers to the month and year from which business plan financial projections are prepared.
The start date can be changed.
Planning Horizon
 A project's planning horizon determines the number of years that iPlanner software uses in its financial projections.
The most common of these are 3-5 year financial projections.
It is not recommended to set the planning horizon very far in advance, because the increase in columns decreases the speed of the application and it is more difficult to place tables on the printout. It is recommended to limit the period to 3-5 years.
The business is new or ongoing If it is a new venture, select "new." If the plan is for ongoing business, select "ongoing." A new business is presumed to have incurred its first revenue and expenses counting from the start date declared. Ongoing business, on the other hand, is assumed to have ongoing revenue and expenses.
Currency
 Select the currency for the financial part.
VAT (GST) handling
 VAT (GST) handling can be turned on or off. You can also specify when VAT-related transactions will be handled. This usually occurs during VAT registration time. If VAT handling has been turned on, you can view and change VAT charges on the "Revenue", "Expenses" and "Fixed assets" worksheets.
Planning Mode
 Planning Mode determines the selection of features and functions for financial planning.

In Basic mode, financial planning module "Financials" consists of only two worksheets: "INPUTS" and "Financial projections." Basic mode allows a fast (but primitive) compilation of initial financial projects for a business plan.

In Professional mode, the financial planning features are wide-ranging and detailed. There are separate worksheets with various input parameters for revenue, expenses, assets and funding.

NB! Under certain conditions, it is not possible to use or return to Basic mode. This restriction applies if the number and/or nature of entries no longer correspond to the limited options of Basic mode, or when advanced planning models are used, since they are not supported in Basic mode.

See more

Saving and Team Work
Team Building
Publishing and Sharing