Monte Carlo Simulation for a 3-way financial Excel model.

Monte Carlo Simulation for a 3-way financial Excel model.

A full Monte Carlo Excel Simulation Financial Model with dashboards.

Original Best Practice:  Demo Financial Model (Xero integrated)  by Lance Rubin

Description
This is a fully integrated 3-way model to the cloud accounting package called Xero. The model has a simulation dashboard which allows users to set a range between which key assumptions can change or are likely to be.

There is a dropdown box to allow you to chose the particular scenario.

If there is a need to narrow the range simply insert changes to the assumption blocks within the range.

The model was originally built on the Modano platform.

See a link to the Future of Financial Modeling and the specific video on this model.

A Monte Carlo Simulation, also known as a probability simulation, is a type of process that is used for comprehending and analysing the risk and variables in a variety of things, including financials, project management and costs. It better aids decision-making, determining the possible results of certain decisions and the probability of returning these results.


This model contains a range of tabs, such as:

- Simulation dashboard
- Financial Statements Summary
- Top Revenue Summary
- Top Expenses Summary
- Top Capital Expenditure Summary
- Cashcade
- Ratios Summary
- Budget Income Summary
- Annual Income Summary

To find more tools and models from me, please refer to my channel page.

If you have any questions, do not hesitate to start a discussion below.

This Best Practice includes
1. Excel financial model (XLSM and XLSB), 1 Explanatory Video

Acquire business license for $299.00

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Further information

To educate and create awareness of the power of both Modano and Excel to build completely customised simulation scenarios for a range of assumptions.

Predicting cashflow shortages and surpluses for a business.

Understanding valuation and what some of the key factors that can impact it.

Providing advice to a business on potential outcomes and for key decision making

For purposes other than those stated or described in the model.


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