Standard Formulas
June 4, 2023
Updates to the Standard Financial Model:
- Formula rationalization, reducing use of OFFSET and replacing with INDEX. Goal is to reduce use of volatile functions and improve performance (speed of recalculations). Forecast, Revenues, and Hiring Plan sheets first edit, will replace more OFFSET over time.
Get StartedandRevenuessheets, added new option for % billed upfront. Most cases it will be 100%, but in some cases (services, consulting, some enterprise contracts) there is a need for contracts to be paid at multiple times, on a non-every month or all billed upfront option. This implements a billing option where you can select to bill a % upfront in first month of contract, and the remainder at the end of the contract (on the last month of the contract)