The Plan screen allows you to create, revise and organise your financial plans in one place.
This screen is has two areas:
This area is where you will manage all financial plans for your farm business. There are three types of plans available each year, Working, Baseline and Draft.
If you don’t want to delete certain Draft plans, i.e. you may want to use one down the track, you can archive them instead.
This is the plan you’ll revise and re-forecast throughout the year, as actual and planned transactions combine to becoming a living plan.
There is one Working Plan for each financial year and it is automatically created for you as each financial year begins. All you have to do is put in planned transactions.
Want to know more? Click here to read more about the Working plan.
Working Plan options
In the plan screen, hover your mouse over the Working plan. Click the 3 vertical dots that appear.
Set read-only Baseline
Creates a read-only copy of the Working plan for you to refer back to. This will sit in the Baselines area of the Plan screen.
Duplicate as Draft
Creates a copy of your Working plan. This will sit in the Drafts area of your Plan screen.
Your Baseline is a locked copy of your Working plan. You may want to save a Baseline when you send a copy to your bank manager, or before updating your Working plan.
Once you have moved a plan into Baseline it becomes read-only and the planned transactions within it can’t be modified.
Baseline plan options
In the plan screen hover your mouse over the Baseline Plan. Click the 3 vertical dots that appear.
NOTE: If you have multiple baseline plans, your option will be Manage Baselines, you can then choose which baseline you would like to delete.
You can create as many scenarios as you like for each financial year. You can also promote a Draft Plan up to a Working Plan.
Draft Plan options
In the plan screen hover over a Draft plan. Click the 3 vertical dots that appear.
Duplicate as Draft
Creates a duplicate copy. Great when you want to push the same plan into a new year.
Change Plan Year
Move the plan into following years. You can then set the plan as your working plan.
Set as Working Plan
Sets the plan to sit within your Working Plan for revision. NOTE: The plan that is within your working plan will then become a draft.
Sends the plan to Archives. Hidden but not deleted.
Completely deletes the plan from your farm business.