Here's a step by step guide on how to use Canaree's expenses builder.
1. Create your model
2. Go to the expenses tab in the model builder
Click "Financial model builder" in the left hand menu, then click the "Expenses" tab
3. Click one the banners to expand the category
Note! If you need different categories than those presented, get in touch via chat and we can help create them for you.
4. Create an expense
Name your expense
Select frequency
Recurring
Yearly-split-monthly
Annual
etc.Select the month or duration of the cost
Enter amount
Connect COGS to revenue stream or leave blank if not applicable
Click + to save
5. Adjust expenses over time
Click the > to expand custom values
This will enable you to edit a cost over time
Enter another cost in a specific month or drag and drop to copy to several months
Click + to save
6. Delete, move, hide or copy an expense
You can adjust any expense by clicking the three dots on the right hand side to open the mini settings menu.
This will allow you to delete, copy, move or hide a certain expense.
7. Add comments to items
As above open the menu and click the comment item. This will allow you to comment on a specific item.
This can be helpful if you're working together as a team on the model or if you want to note down adjustments.
