Funancial builds its model from 2 informational sources:
  • Data retrieved from Xero as per below:
    • Company settings
    • Chart of Accounts
    • Contacts and Contact Groups
    • Executive Summary reports
    • Balance Sheet reports
    • Profit and Loss (Income Statement) reports
    • Invoices / Bills / Credit notes
    • Overpayments
    • Bank transactions
  • Adjustment information as configured within Funancial SMART:
    • General Adjustments for Expenses – those one-off expenses which may be coming your way and should be taken into consideration in the forecast model.
    • General Adjustments for Income – those one-off incomes which may be coming your way and should be taken into consideration in the forecast model.
    • Account associations for Cost of Sales / Direct Costs vs. Operational Expenses.
    • Account details and associates to use for Income / Expense / VAT / Other taxation payments