Basic
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The Initial Balance Event is a foundational operator for setting a starting value on any ledger — like cash on hand, inventory units, or customers already acquired at the beginning of your model.
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It sets a cumulative balance at a specific point in time — without creating recurring transactions — making it perfect for modeling existing conditions like starting capital, stocked goods, or previously signed clients. This event establishes the baseline from which all future changes are calculated.
Cash on Hand: You’re building a cash flow model for a business that already has $45,000 in the bank before any new revenue or expenses occur. Instead of backdating or creating a fake transaction, you can use the Initial Balance Event to set this starting cash position on July 21, 2025. This ensures all downstream calculations like runway, burn rate, and funding needs are based on an accurate opening balance.
Inventory: You’re launching a product and already have 1,200 units sitting in a warehouse before manufacturing begins. By using the Initial Balance Event, you can set your starting inventory balance without creating a purchase or production event. This gives you an accurate stock level from day one and ensures all future inventory depletion or restocking events calculate correctly.
This state is used to set a starting value for any ledger — such as cash, inventory, or headcount — on a specific date.
You simply choose the target ledger, pick the date, and input the initial balance.
This value acts as the foundation for all future additions or subtractions in that ledger, but it does not create recurring transactions.
