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Glossary

Creating a Model

Overview

A model in Lucanet xP&A refers to a structured representation of data and calculations, similar to a tab in a spreadsheet.

You can define a model as your "base" model representing the default scenario. To compare different scenarios, you can create variants of your "base" model in which some variables (or cells of a variable) have different values or formulas.

The structure of the model — the variables, groups, and sections — doesn't change across scenarios.

A new model can be created:

  • Manually
  • Using AI or a wizard

Creating a New Model

To create a new model, click New model directly on the start page or in the overview on the start page. The Create Model dialog is displayed as follows:

The dialog used to create a new model is shown. The sections BASIC, WIZARD/AI and TEMPLATES are highlighted.
The 'Create Model' dialog

Choose one of the following options:

Basic

In this area, a New model can be created to start from scratch.

Wizard/AI

In this area, specific types of models can be created using AI or a wizard guiding through the setup process and using your data during the setup. The following model types are available:

  • P&L and Runway
  • Full P&L and balance sheet report
  • Stripe MRR Report
  • Headcount Plan
  • Sales and Pipeline Report
  • If you hover over the model type name, a description of the model type is displayed on the right side of the dialog.
  • Once the model is created, you can start editing it and filling it with your data as described in Modeling your Data.

Last updated on Aug 16, 2023

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Creating a ModelOverviewCreating a New Model
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