What's the deal with Spreadsheet Link?
Spreadsheet Link enables you to upload a multitude of data from different spreadsheets into Syft. From trial balances to budgets, forecasts, and third-party connections data, it's got you covered. And this tool has become even more powerful now, thanks to a ton of new templates! Read on for all the details.
What's new? 🧐
We recently introduced new forecasting and budgeting templates via Spreadsheet Link in Excel. You can insert the templates in Excel, do calculations, and then reference the outputs in your forecasts and budgets—it's as easy as pie.
Available templates
The following templates are available:
Contract Revenue/Deferred Revenue: Useful for tracking the time of revenue recognition separately from the receipt of cash
Property, Plant and Equipment: Use this template to plan for anticipated equipment purchased or disposals and the commensurate depreciation impact
Accounts Receivable and Accounts Payable: This template can be used to schedule payments into buckets as well as plan for anticipated bad debts in your receivable balances
Loan Amortization: We built this template to help with any standard debt you may have or plan to take on. It will assist in calculating interest, payments, and loan balances, which can then be uploaded into your budget or forecast.
Leases: Make the correct adjustments to your accounts for any leases that you acquire that need to be recognized as finance leases (GAAP) or in terms of IFRS 16.
You can find these templates using the budget/forecast uploader in Excel.
Pro tip 💡: Uploading data to Syft via Spreadsheet Link is free. Therefore, these templates are available to all users on all plans.
To make the most of these templates, check out our guide.
Looking toward the future 🤩
While I know how popular Excel is, Google Sheets is definitely on the up. To all faithful Google users, don't worry! This feature is coming soon to the Spreadsheet Link for Google Sheets, too!