Opex Entities

Opex Entities

 

Opex entities

Opex entities cover a flexible amount of cost components. The categorization serves as grouping of the different entities.

Input Field

Description

Unit

Presetting

Input Field

Description

Unit

Presetting

Name

Opex entity name

Free text

"Opex" + Index

Category

Cost component category

Selection

Not Assigned

Account

The account selection allows besides regular payment as Account Payable also Pre Payments and Provisions in a triad between Profit & Loss Statement, Cashflow Statement and Balance Sheet:

Account Payable

Consideration as a regular position of the Profit & Loss statement. In combination with the Method of Payment, Payment intervals are yielded in the Cashflow statement and the associated Account Payables are yielded in the Balance Sheet.

Pre Payment

The Method of Payment requires a Payment Date (Presetting: Start of the concerned Opex entity). The Balance Sheet builds an asset "Pre Payment" and liquidates it Profit & Loss effective from Start till End of the concerned Opex entity.

Provision

The Method of Payment requires a Payment Date (Presetting: End of the concerned Opex entity). The Balance Sheet builds a liability "Provision" which is build Profit & Loss ineffective from Start till End of the concerned Opex entity.

Selection

Account Payable

Driver

The available drivers per section are listed on the following page: Driver

 

Sales

Value

Input of a value proper to the selected driver. Note that ou can also add different currencies as explained here: Currency Converter

Value in combination with driver

0

Bounds

With these functions caps and floors can be defined for the Opex entities.

Floor

The Opex entities corresponds to a floor which depends on a driver.

The following drivers are available:



Cap

The Opex entities corresponds to a cap which depends on a driver.

The following drivers are available:




The floor value should be less than the cap value. If the cap value is less than the floor value, the floor value is ignored and only the cap value is used.


Selection

Fix per Production Unit

Start

Opex entity start defined through a Date Choice Box. For example: "Start at Production Unit Start", that is Production Unit Start + 0 months.

When the Production Unit Start Date is before the Transaction Date (TRX) and the account selection is "Pre Payment" or "Provision", the book value is calculated automatically per Transaction Date as corrected Value per Transaction.

The entered month corresponds to the first day of this month (inclusive). For example: Start 01 /2015 means that the Opex cost component is considered from 01.01.2015 according to the Driver/Value input.

Date Choice Box

Production Unit Start + 0 months

End

Opex entity end defined through a Date Choice Box. For example: "for the last time at production end", that is Production End + 0 months.

The entered month corresponds to the last day of this month (inclusive). For example: End 12 /2015 means that the Opex cost component is considered until 12.31.2015 according to the Driver/Value input.

Date Choice Box 

Production Unit End + 0 months

Financing Mode

The Financing Mode allows to finance cost components with current cashflows (internal) or with external resources like Equity or Debt (external).

Internal

Financing with current cashflows. When they aren't suffices, a liquidity cap arises.

External

Financing with external capital demand (Equity or Debt).


Selection

Intern

Production Units

Selection of the concerned production unit. The presetting is that all production units are concerned. With a change to "Some" you can choose individual production units.

Production Unit allocation

All

Indexation

Allocation to an Indexation, for example an inflation of 2%. Is no Indexation allocated, the concerned value stays constant over time.

Indexation allocation

None

Methods of Payment

Allocation of a Method of payment. For example: "first time at Transaction, every 3 month with a Target of 2 months". When no Method of Payment is used, the Profit & Loss statement is consistent with the Cashflow statement. Affected net current assets have a value of 0 in the Balancesheet.


With "Pre Payment" or "Provision" as account a Payment Date has to be defined through a Date Choice Box.

Methods of Payment allocation

None

Calculation

The Opex entities affect the Opex calculations.