Brixx is a planning tool for both new and existing businesses
Brixx is a planning tool designed for both new and existing businesses. The setup process is the same for both, with the main difference being that an existing business will use the "Opening Balance" section more extensively and have several components pre-configured with 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, covering the following topics.
The first step, creating the plan, is presented here.
Create a new plan
The first step is to create a new plan, which should start from the first month you need to enter data for. Anything before this point will be part of the opening balance. The next two guides in this series will cover setting up the opening balance and its components..
Creating a plan with a month of existing (actual) data
Although Brixx is primarily focused on future planning, you can still set the start month of the plan to a date in the past to include one or more months of actual data. However, keep in mind that the opening figures for components and the opening balance should reflect the values of assets, liabilities, etc. at the start of the plan, not the current date.