ANZ Impact™ - What Is a What-If


	Welcome to ANZ Impact

	Getting Started

	Creating and Accessing A Financial Model

	Working in the Strategy Screen

	Performing What-ifs

		What is a 'What-if'?

		How to do a 'What-if'

		'What-if' Results

		Self-Check Questions


	Performing GoalSeeks

	Using the Graphic Screen

	Understanding the Reports

	Predicting Next Year

	Saving Your Results

	Glossary

	Back to ANZ Impact

What is a 'What-if'?

What does a 'What-if' do?

A �What-if� demonstrates the likely effect of performing a financial management strategy within your business.

Use a 'What-if' to:

Identify the benefits and impact of good business practices
Identify and analyse the potential effects of a changing economy
Discuss the impact of changes within your business with your ANZ Manager.

You can do �What-if�s with current financial data or with forecasted financial data generated by the ANZ Impact™ �Roll Forward� function.

This can be explained with a few examples:

What if interest rates increase by 2%?

Increase the effective Interest Rate % driver by 2%, press 'Enter', then press the Net Change button located in the menu bar. You can now see the impact of higher borrowing costs.

What if overheads increase from the current levels by $100,000?

Increase the overheads by $100,000 and press �Enter�, press the Net Change button to see the impact.

What if you expected to pay a higher percentage tax this year?

Increase the effective tax % and press �Enter�, press the Net Change button to see the impact.

What if debtors were not paying as quickly as last year?

Increase the debtors days figure and press �Enter�, press the Net Change button to see the impact.

What if the decrease in currency rate meant our Goods imported increased in cost 5%?

Increase the COGS by 5% and press �Enter�, press the Net Change button to see the impact. You may want to also change the Price change % to counter this increase.