Aha Planner asks for a shorter list of numbers than a full set of financial statements carries. Detailed operating costs fold into one Total Operating Expense, accumulated depreciation and gross property fold into one net Total Fixed Assets, and your cash flow statement, equity, capital expenditure, and income tax are all worked out for you. The lines a valuation has to normalize, such as non-recurring revenue and executive compensation, are asked for separately.
Aha Planner asks for a shorter list of numbers than a full set of financial statements carries. Some lines are folded together, some it works out from what you enter, and a few it never asks for. Here is where each one goes.
- Rent, utilities, marketing, and other operating costs: Folded into one Total Operating Expense. What is left after the costs you do break out becomes Other Opex, which Aha Planner works out for you.
- Amortization: Folded together with depreciation into one Depreciation & Amortization line.
- Accumulated depreciation, gross property and equipment, per-asset detail: Folded into one Total Fixed Assets, entered net of accumulated depreciation.
- Prepaid expenses and short-term investments: Folded into Other Current Assets.
- Intangible assets and deferred tax assets: Folded into Total Other Assets.
- Accruals, deferred revenue, and short-term debt: Folded into Total Current Liabilities. Other Current Liabilities is that total minus accounts payable, worked out for you.
- Retained earnings and owner's equity: Worked out for you as total assets minus total liabilities. You never enter it.
- Capital expenditure: Worked out for you from the change in net fixed assets plus depreciation and amortization.
- Cash flow statement: Built for you from the income statement and balance sheet you enter.
- Income tax: Not collected. Aha Planner models it for you from your profit and your business address.
Asked for separately, because a valuation has to normalize them:
- Recurring revenue, separated from Non-recurring Revenue
- Covid Relief
- Executive Compensation and Executive Overhead
- Non-recurring Opex
- Goodwill Value
- Average Interest Rate on Long-Term Liabilities and Average Remaining Life of Liability
Folding these in does not cost you accuracy. Aha Planner works capital expenditure out from the change in your net fixed assets plus depreciation, and depreciation cancels out inside free cash flow, so your valuation follows where your net fixed assets are heading rather than how the original cost and the accumulated depreciation split apart. The judgment that split would inform, how old your assets are and how much life they have left, is a human valuator's call and Aha Planner deliberately leaves it to one.
On income tax. Aha Planner never asks you for income tax. It works your taxes out for you from your profit and the state your business is in, and a loss year pays nothing. It uses one flat federal rate and one flat state rate, with no brackets, no loss carryforwards, and no deferred taxes. Your legal structure does not change the calculation, so a pass-through entity is modeled the same way as a C corporation. Capital gains at exit are taxed separately and are not part of this.
What to do if you cannot find a line you expected. Look for it in the fold-in it belongs to above. If it is still missing, it is one Aha Planner works out for you, and entering it would double-count. Reach us at z@zolidar.com if a number you hold does not fit anywhere on the form.