Analytical balance sheet and P&L planning
Allevo Balance in Bullet Points
- Analytical balance sheet and P&L planning based on secure and complete planning data
- All P&L-relevant planning data is transferred from internal accounting to the general ledger.
- All balance sheet postings are automatically assigned and planned according to the rule "posting = offsetting entry".
- Therefore, analytical cash flow planning is possible on bank accounts, receivables, payables, etc.
- As a goal, you achieve a complete balance sheet, differentiated according to assets, liabilities and P&L.
Allevo Balance as the answer
We speak of analytical balance sheet and P&L planning when the data is transferred from the cost and profit planning to the general ledger down to the last detail.
This is easier said than done. SAP does offer strong planning transactions for internal accounting (controlling, projects, profitability analysis), but SAP is weak in transferring this information, which is important for success, back to the FI module. The transfer only makes sense if the basic accounting law is guaranteed: no posting without an offsetting entry.
Allevo Balance as a process
With Allevo Balance you ensure a zero balance: Receivables correspond with revenues; material costs are followed by liabilities; personnel costs are counter-booked at the bank; intercompany business lives from partner bookings; depreciation reduces the asset portfolio; incoming payments reduce receivables; liabilities decrease with outgoing payments, etc., etc....
Allevo Balance brings debit and credit, balance sheet and P&L into balance - exactly what financial accounting expects for a meaningful and resilient budgeted balance sheet.
With sensible rules, you control Allevo Balance in such a way that the following also applies to plan data in the general ledger: posting = offsetting entry. Allevo Balance guarantees this basic accounting law. Because we follow the basic law without discussion, analytical cash flow planning is a strong performance component of the Allevo Balance application.
Allevo Balance as an integral component
The functional model of Allevo Balance is identical to all other Allevo applications: they offer the user an SAP-integrated Excel front end. In this Allevo Workplace, the user enters the revenue and cost data. Even before planning, you have organised the assignment of profit and loss account to balance sheet account in Allevo Balance customising. Allevo Balance applies the assignment and automatically provides you with all P&L and balance sheet data, which you use to carry out analytical cash flow and analytical P&L and balance sheet planning.
Of course, you also work in this sub-process with the proven, highly powerful and efficient combination of Excel and SAP.
Allevo Balance as a service
Allevo Balance remains Allevo, supplemented by the performance of analytical P&L and balance sheet planning, which is sorely lacking in the SAP standard, on the basis of all FI-relevant data that you have recorded, planned and posted in internal accounting with Allevo Planning.
Would you like to gain an insight into balance sheet and P&L planning with Allevo? Then visit our free introductory webinar. We look forward to your participation.
Date
- 9. June 2021, 14-14:45
Register here
If you have any questions in advance, please contact us by e-mail or telephone on +49 (761) 791 878-197.