Financial Genome Pro
Quickbooks Advisors, CPAs, and CFOs: Create a comprehensive financial model in minutes from your QuickBooks® file and gain a customizable planning & forecasting capability for assisting your clients!
Price: $399.00
Developer: Modernsoft, Inc.
Free Trial
Financial Genome Pro enables you to enhance your assistance for your QuickBooks® clients or your management team with meaningful financial planning, by extending the accounting dimension of QuickBooks® into modeling and forecasting. As you import your QuickBooks® file into FGPro, customizable, integrated financial statements appear instantly in GAAP format and you are able to make fully modifiable projections, and observe cash flow results. The built-in financial knowledge ensures consistency and accuracy at all times
No longer worry about limited templates, writing complex formulas, or common spreadsheet errors! Also, update your model automatically with new accounts and periodic data from QuickBooks® - no need to revise time periods and formulas, or revamp GAAP categories.
Convert your model into a standard Excel workbook and link it to any analytical support sheets you create. Share this stand-alone model with your clients or colleagues as a value-added service.
Note the progression:
QuickBooks Pro/Premier--> Data File--> FG Pro--> Model-->Excel workbook
If you work with multiple company files, the update process greatly simplifies your work flow:
1) You can standardize your model for use with multiple clients.
2) Then you use the account mapping editor to link the model to a
given client chart of accounts to produce a customized model.
3) The update feature lets you automatically refresh the customized
model with new monthly data from the client's QuickBooks® file.
FGPro was created with special reference to QuickBooks® advisors/ CPAs and consultants to provide an easy-to-use, fully integrated, and customizable modeling platform to let them add valuable business planning services for their clients. At the same time FGPro is also an ideal comprehensive planning tool for CFOs and internal financial analysts.
APPLICATION IDEAS
- As a QuickBooks Advisor, quickly create client financial plans.
- As a small business owner, easily identity your future cash requirements and performance.
- As a CFO of a fast growing new technology company, quickly
develop new projections as conditions change, using numerous
data sheets linked to the model in Excel workbook format
- In your bank or consulting practice, use FGPro as a model generator, to create financial plans customized for your client’s
needs with no spreadsheet errors. Share the model with others who
use FGPro or convert the model to a standard Excel® workbook for
sharing.
BENEFITS
- You can focus on providing professional financial planning, rather than manipulating spreadsheets or relying on limited templates.
- Internal consistency and accuracy is ensured, while letting you modify terminology, appearance, and statement structure.
- Automated periodic updating allows you to retain your previous work, while importing revised accounts and actual data.
- Conversion of models into Excel™ workbooks lets you access supporting detail sheets and regular Excel features, and easily share your models.
KEY FEATURES
- Pre-configured statements and an extensive internal dictionary with QuickBooks® terminology allow instantaneous import of business files into a ready-to-use model.
- Integrated systems design provides full closure on cash flow results at all times, instantly reflecting any changes made in all affected parts of the model.
- Effective forecasting process has an extensive set of “drivers” helpful in making assumptions about future performance relative to past conditions.
- A set of common forecasting patterns allows choosing growth rates and other methods to apply to values at any point in the forecast range.
- Complete set of financial ratios provides key performance indicators for operating, investing, and financing activities.
HOW IT WORKS
- Patented process maps QuickBooks® company accounts to standard categories and formulas, generating statements automatically.
- FGPro tools let you customize statements — label, delete, hide, reorder, format, or insert rows in any order on any statement — ensuring completeness and consistency.
- Enter data on any statement or on special “input sheet” that automatically lists all inputs.
- Do free-form what-if analysis by overriding values or reverting to historical data.
- Color-formatted numbers show the source of all values: Company data, user inputs, forecast formulas, overrides.
- “Forecast driver statement” identifies key performance measures for projection.
- Export model to a standard Excel® workbook for further customization, added linkages, printing, sharing, etc.