Brixx is a planning tool for both new and existing businesses

Functionally new and existing businesses are built in exactly the same way in Brixx. The practical difference is that an existing business will make a lot more use of the Opening Balance section of Plan Settings, and have several of its components set up to have opening values. The components that can be set up to include opening entries are: Asset, Inventory, Group Inventory, Loan, Investment and Equity 

In this set of guides, we'll go through how to set up an existing business in Brixx step by step. 

  1. Create a new plan
  2. Fill out the Opening Balance
  3. Adding opening values from components and taxes

The first step, creating the plan, is presented here. 

Create a new plan

The plan should begin on the first month you need to enter data for. Anything before this point will form part of the plan's opening balance. Setting up the opening balance and the components which feed into it are the subject of the next two guides in this series. 

Creating a plan with a month of existing (actual) data

While Brixx is not focussed on monitoring the past performance of a business there is nothing to stop you setting the plan's start month to some time in the past. This would allow you to include one or more months of actual data, and then continue planning from there. If you do choose to include one or more months of actual data, bear in mind that the opening figures you enter in components and the Opening Balance should be the values of assets/liabilities etc at the start of the plan, not the current date.

Continue to the next guide, 2. Filling out the Opening Balance