Standard Timescale
May 18, 2023
- Update to the Standard Financial Model and Runway Tool, edited the timescale on
Forecastsheet row 7, so that it corrects the fiscal year for theSummarysheet when the calendar year-end is not the same as the fiscal year-end. Previously, theSummarysheet 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 Planso it uses the timescale fromForecastsheet, instead of recalculating the timescale. All sheets link to the timescale fromForecastso that they are all consistent, previously this one was independent but now it's tied to theForecastsheet. - Update to the Standard Financial Model, added a new assumption to
Get Startedfor the revenue calculations onRevenuessheet so that the input for the starting number of revenue units is exposed onGet Started. No change in model functionality, just a slight addition to make it clearer where to make that input.