Hello PlanGuru Users. We are pleased to announce that our 2014version is available for download. Below is a list of some of the major new features and fixes included.
Import Budgeted Amounts - PlanGuru 2014 now allows budgeted amounts to be loaded in using the financial statement import utility. This new feature is very helpful for businesses that are cutting over from the old budgeting process and already have an existing budget that they would like to build off of in PlanGuru. With this new feature, the import process can load the previously created budget that will be used as a starting point in PlanGuru.
Summarized Cash Flow Statement - PlanGuru users now have the option of viewing their cash flow statement on a detailed or summarized version. The new setting "Group cash flow details by subclass" allows you to run a cash flow report that is grouped by subclass.
Rollforward Utility, Push Budgeted Amounts to Historical Periods - The Rollfoward utility in PlanGuru 2014 now allows you to post budgeted results into historicals. This can be very helpful if you're beginning to construct next year's budget using the current year rolling forecast, but current year has yet to be completed. With this feature your incomplete periods within the current year can be populated with budgeted amounts during the Rollfoward, thus giving you a good starting point off which to build next year's budget.
Improved Formula Forecast Method - The period to use feature in PlanGuru's Formula forecast method now gives users the option to base the calculation of values from any prior period within the last twelve month. This enhancement makes the formula forecast method much more powerful as it allows users to calculate a line item with much greater flexibility.
Improved Product Description and Wording - PlanGuru's menus and dialogs have been updated to make descriptions more concise and clear. We feel that this new terminology is more clear and to the point.
Embedded Help Videos - Our in product help features have been taken to the next level. Now within the "Watch A Tutorial" panel of any dialog a link to a content specific video is present. This will help you get insight on the particular subject you're interested in learning about, rather than having to wade through a list of all tutorials to find the appropriate video.
Advanced Reporting Add-in v4 Enhancements - The Advanced Reporting Add-In version 4 is being released in conjunction with PlanGuru 2014. This new version of the add-in contains many new features that will only be available to PlanGuru 2014 users. YTD reporting, sheet level layout definitions as well as new insert features allowing users to more quickly build financial statements are a few of these key enhancements.
Convert Categories to Supporting Schedules - Categories can now be converted into supporting schedules. In the past categories imported into PlanGuru couldn't be converted into a supporting schedule. Instead the user had to delete the category, re-add it as a supporting schedule and then re-run the import process to link it the row to the newly created supporting schedule. This improvement eliminates this work and allows the user to convert the category by right clicking it and selecting "Convert Category to supporting schedule"
Increased Maximum Number Limit - Calculated categories can now be defined with values in excess of nine-hundred and ninety-nine million. In the past customers had the "scale down" their numbers expressing them in thousands to work around this limitation. Now these larger number values can be accommodated. In addition the advanced reporting add-in will now pick up these values of one billion or more.
Improved Consolidation Process - The consolidation process has been improved in a number of areas. One improvement deals with the naming of the system define operating expenses class. In the past when customers changed the name of this class the consolidation analysis wouldn't reflect the name change. This caused classes to get merged during the consolidation process. Now system defined classes that have been renamed will behave like user added classes during the consolidation process.
Faster Excel Link Performance - The performance of the link to Excel utility has been improved to speed up this key feature.
Improved Cash Flow Statement - The cash flow statement now better handles long term debt categories added through the notes payable wizard that contain a current portion of long term debt. In the past the cash flow presentation of the current portion was confusing causing users to misinterpret its cash flow presentation. This has been fixed.
Rollforward Utility Improvements: Some users experienced several issues when rolling their analysis forward, mostly having to with the notes payable wizard. This utility has been improved and now behaves in a much more stable manner. New to this version you will also have the option to post your budgeted numbers back to historical periods instead of actuals.
Improvements to Reports Utility: The crystal report utility used to create pre-formatted reports has been greatly improved. Some minor formatting bugs have been corrected and now users will be able to see total columns when they are building a report using “Select periods from years 1 and 2”.
Improved Function of a Non-Financial: Some users were getting confused as to how function of a non-financial works. They did not know that they had to insert a number in to the “period amount” field, which led to no data getting pulled in. This has been improved pre-populate with a 1 so that results will get pulled in.
PlanGuru Analytics: You will now be able to launch PlanGuru Analyitcs from the core product, rather than having to start your browser and go to the site there. Note that you must have an active PlanGuru Analytics account in order to take advantage of this functionality.
Notes Payable Wizard – Current Portion: In 2013, users could not use the Notes Payable user to link their current portion of debt to an existing account. They had to create the current portion account through the wizard. This has been resolved as of our 2014 version.