Use the Stock template to predict the cost of sales and related stock movements.
Before you add data to this template to import, you must:
Once you've done this, we explain below how to add data to the Stock template in your Master Sheet.
⚠CAUTION:
Don't delete any rows or columns from the sheet
Don't add any additional rows or columns. If you require more rows, use a separate template
If you accidentally do any of the above, this will corrupt the sheet. When this happens, you’ll need to open a new template, copy it to your Master Sheet again, and restart the process of adding data.
Click the Forecasting tab, then view the forecast you want to import predictions into.
Once in the forecast, click New prediction in the top right, then click Import templates on the dropdown.
Click Open Master Sheet and go to the relevant tab.
Unlike some other templates, there are no hidden settings to complete. You'll only need to add data to the white boxes.
Under the Income section, set the first date from the dropdown list. The following months will update automatically.
Next, add data for each of the three sections:
The predicted income
The cost of sale as a percentage of that income account
The purchase of stock
⚠CAUTION: Only paste values if you're pasting data from another source. This is because the sheet has underlying formulas.
For Income:
Choose the account in question
Add a prediction name
Add a VAT/GST/sales tax amount
Add an invoice date (day of the month) and payment days
Add your predicted monthly income for this account
📌TIP: If you have already predicted this income, either in-app or via another template, you can untick a box to not import the prediction into Futrli. If you unselect it, it will still be used in this sheet for reference, but won't be pulled into Futrli.
For Cost of sales:
Pick an account for this to be mapped to
Use the dropdown to select which prediction you’re referencing
Set the cost percentage, then a stock account
You’ll see the months will update automatically based on those settings and the figures you've set in the income section.
For Purchases:
Use the dropdown option to select if you would like to show the cash impact of purchases against the cost of sale account, or against the inventory account
Select an account to map this movement to, then in the same format as in the cost of sale section, use the dropdown to link to a cost of sale line
Set the invoice date (day of month), VAT/GST/sales tax and payment days, followed by manually entering the figures for each month
When finished, you'll have a green tick at the top of the page. This means you can continue to sync the import template to Futrli.
When the red cross is showing, the data isn’t ready to sync. You'll need to expand the rows to see which information is missing.
