Profit and Loss Projection
Import Budgets
Purpose This article explains how to import budgets into Magnifi using the provided Excel/CSV template. Importing budgets allows you to quickly bring in existing data as a starting point for your Profit and Loss Projection. When to Use Use budget ...
Labour Drivers - Assigning Employees to Divisions
Purpose This article explains how to assign employees to divisions under Labour Drivers in Magnifi. Assigning employees ensures that payroll costs are correctly distributed across divisions and flow into the Profit and Loss Projection at divisional ...
Original Budgets - Save and Compare
Purpose This article explains how to save, export, and compare original budgets in Magnifi. Saving original budgets allows you to lock in your starting point for the year and measure performance against both the original and revised forecasts. When ...
Tracking Categories - Import from Xero
Purpose To explain how to import and use Xero tracking categories in Magnifi so you can project, monitor, and analyse performance by division (business unit, location, or department). When to Use When you have tracking categories set up in Xero for ...
Auto-Cast - Setup and Use
Purpose This article explains how to use the Auto-Cast feature in Magnifi to quickly project income and expenses for the next 12 months. Auto-Cast saves time by applying a percentage increase or decrease to your past 12 months of results, instead of ...
Labour Drivers - Managing Employee Costs
Purpose This article explains how to manage employee payroll details under Labour Drivers in Magnifi. Once employees have been imported or added, you can use the Labour Drivers tabs to update pay details and project labour costs, including overtime ...
Profit and Loss - Reporting
Purpose This article explains how to export Profit and Loss reports from Magnifi to Excel, PDF, or CSV, and how to save reports to the Dashboard. When to Use Use this guide when you need to: Export Profit and Loss reports to Excel for analysis or ...
Income Drivers - Setup and Use
Purpose This article explains how to set up and use Income Drivers in Magnifi. Income Drivers let you project income in a detailed, driver-based way (e.g. sales or client demand) instead of simply typing in a monthly value. When to Use Use Income ...
Profit and Loss Projection - Overview
Purpose This article provides an overview of how to set up and use the Profit and Loss Projection in Magnifi. It introduces the key features and links to detailed articles for specific tasks. When to Use Use the Profit and Loss Projection when you ...
Labour Drivers - Overview
Purpose This article provides an overview of Labour Drivers in Magnifi. Labour Drivers are used to project payroll costs, which then flow automatically into the Profit and Loss Projection. When to Use Use Labour Drivers when you want to: Build a ...
Employees - Import and Manage
Purpose This article explains how to import, add, edit, terminate, and classify employees under Labour Drivers in Magnifi. Employees form the basis of labour cost projections, which then flow into the Profit and Loss Projection. When to Use Use this ...