Release notes Jan 10, 2024

KPI revamp

Finstack has a new interface to keep track of operational metrics. In Setup > KPIs you can list your KPIs and populate their values by period. Using the formula bar on top you can create metrics that reference other fields and perform calculations. You can configure the formatting to number/currency/percentage, and choose Title to further organise your KPIs. The KPIs will be displayed in the separate KPI tab in reporting. An alternative option is to call your KPIs in Structure by using formulas there. This way you can combine your KPIs with your financial statements.

IC Reconciliation

Making sure you have configured Intercompany eliminations correctly is hard. In the new Reconciliation tab, you can group GLAs into categories and see if their sum in a time frame is zero. If there is still a difference, you might have missed something. Find it in Finance > Entries > Reconciliation.

Deactivate users

In Account > Team, you can now set team members to Inactive to limit them from accessing Finstack. This setting is reversible. To completely remove a team member, please reach out to support [at] finstack.io. The latter action can not be undone.

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Exact Online International

Finstack now supports the versions for BE, DE, UK for Exact Online International. Select the version you need in Setup > Sources > Add source.

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Improvements
In this quarter, we can also welcome the following smaller improvements:

• Reporting: formulas are now also calculated in the Total column
• Reporting: export your financial statements with or without GLA &CC granularity
• Forecast: easily duplicate a scenario by touch of a button
• Sources: you can now delete Sources uploaded from Excel yourself
• Mapping: use the “Shift” button to select a list of GLAs at once
• Mapping: you can now export your mapping

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Feedback
As always, don’t hesitate to contact us with suggestions or missing features! Please reach out to sebastiaan [at] instack.io directly.

What’s next

The coming quarter the focus is on multi-currency support, partial ownership (minorities), indirect Cash flow statement, a revamp of our Analysis page (variance analysis) and ISO27001 certification (security). Beyond that we will start building our Financial planning module (FP&A).

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