Balance sheet data entry is simple and straightforward. Once the first year’s entry is complete, it is easy to copy and revise for the next renewal. FINPACK provides two balance sheet formats—detailed or summary.
Detailed Balance Sheets:
- Track assets and loans using as much detail as desired
- Detail flows seamlessly into spread reports and ratio analysis
- Consolidate balance sheets from multiple entities
Summary Balance Sheets:
- Input simple, single column balance sheets
- Quick and easy format to spread company or accountant prepared reports
- Efficiently enter past history for new customers
Both formats provide data directly to FINPACK’s financial analysis, risk rating, and loan presentation manager.