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Standard Timescale

May 18, 2023

  • Update to the Standard Financial Model and Runway Tool, edited the timescale on Forecast sheet row 7, so that it corrects the fiscal year for the Summary sheet when the calendar year-end is not the same as the fiscal year-end. Previously, the Summary sheet would sum up the years still using calendar years rather than fiscal years, a simple change to the formula on row 7 updates this.
  • Update to the Standard Financial Model, edited Hiring Plan so it uses the timescale from Forecast sheet, instead of recalculating the timescale. All sheets link to the timescale from Forecast so that they are all consistent, previously this one was independent but now it's tied to the Forecast sheet.
  • Update to the Standard Financial Model, added a new assumption to Get Started for the revenue calculations on Revenues sheet so that the input for the starting number of revenue units is exposed on Get Started. No change in model functionality, just a slight addition to make it clearer where to make that input.