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Note that you need to ensure your Balance Sheet
(presented on the Loading Screen) is balanced before your new model will be accepted
as complete. In other words, you are not able to begin any analysis until your
model is balanced.
Balancing has two components:
- Total Assets must equal the Total
Liability and Equity cells for the current and previous years.
Note: Some sets of financials produced by accountants in Australia and New Zealand may have the Balance Sheet laid out as follows:
- The Changed Retained Earnings cell (Current Year) in the Profit
and Loss panel plus the Retained Earnings cell (Previous Year) in the Balance
Sheet panel must be equal to the Retained Earnings cell (Current Year) in the
Balance Sheet panel.
If your model is not balanced, it may be helpful to use the
‘Details Windows’ (described previously) to determine where the error has occurred.
Once you have entered all your financial data and your model
has balanced, you are able to start to perform analyses on this model. Analysis
within ANZ Impact™ is conducted on the ‘Strategy’ screen. To go to this screen,
select the ‘Strategy’ button located at the bottom of the Loading Screen.
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