EIGENN.
docsguidesapichangelogpricingsign in
EIGENN.

Common formulas: currency and multiple entities

Formulas that consolidate entities, remove inter-company amounts, and convert local currency to a base currency.

A group with more than one entity needs one consolidated P&L. In Eigenn, you put the entities in an Entity dimension. Each formula runs one time for each entity, and the total row adds the entities. When the entities use different currencies, each entity converts to the base currency before the total.

The formulas on this page come from the Consolidation by Entity, Multi-currency Consolidation, and FX Exposure Stress templates. To start from a template, go to Scenario planning → New model, type the template name, and press Enter.

Consolidate entities in one currency

In Consolidation by Entity, Revenue, Operating costs, and Net profit have the Entity dimension.

VariableFormula
Net profitRevenue - Operating costs
Consolidated net marginNet profit / Revenue

The Eliminations item holds inter-company amounts as negative numbers. The total row then removes them. With the example inputs:

EntityRevenueOperating costsNet profit
United States500,000350,000150,000
United Kingdom300,000220,00080,000
Canada200,000140,00060,000
Eliminations-50,000-50,0000
Total row950,000660,000290,000

Consolidated net margin has no dimension. It reads the totals: 290,000 / 950,000 = 30.5%.

Convert each entity to the base currency

In Multi-currency Consolidation, each entity enters its figures in its own currency. FX rate to base holds one rate for each entity.

VariableFormula
Revenue (base)Revenue (local) * FX rate to base
Operating costs (base)Operating costs (local) * FX rate to base
Net profit (base)Revenue (base) - Operating costs (base)
Consolidated net marginNet profit (base) / Revenue (base)
EntityRevenue (local)FX rate to baseRevenue (base)
US (USD)500,0001500,000
UK (GBP)300,0001.27381,000
Germany (EUR)250,0001.08270,000
Eliminations-40,0001-40,000
Total row1,111,000

Read the totals of the base rows only:

  • The total row of Revenue (local) adds amounts in different currencies. It has no meaning.
  • FX rate to base uses the Average dimension aggregation. Its total row is not a rate for the group.

Enter eliminations in the base currency and keep their rate at 1. FX rate to base is an input in each period, so you can type a different rate for each month.

Test a change in the rate

FX Exposure Stress converts foreign revenue and finds the break-even rate.

VariableFormula
Revenue in baseForeign revenue * FX rate (base per unit)
Net profitRevenue in base - Domestic costs
FX break-even rateDomestic costs / Foreign revenue

Add a scenario that changes FX rate (base per unit). Then compare the scenario with the base case.

Related

  • Dimension totals
  • Dimension references
  • Apply a dimension
  • Consolidation
  • Scenarios concept
  • Compare scenarios and versions

Common formulas: cohorts

Formulas that roll a customer base forward with churn, for one group or for each acquisition channel.

Common formulas: headcount and payroll

Formulas that roll headcount forward and turn people into payroll cost, by department or by employee.

On this page

Consolidate entities in one currencyConvert each entity to the base currencyTest a change in the rateRelated

Eigenn docs

current product

Overview
Overview
OverviewAccount PreferencesApproval PoliciesAssistant AutomationAssistant Command CenterAssistant Workspace and Saved WorkBank ConnectionsBilling and UsageBudgets and ForecastCommand CenterCustomer FieldsCustomer LifecycleCustomer RecordsCustomersDeveloper PlatformDocument Processing and ExtractionFiles and Document VaultFinancial Analytics and ReportsFinancial OverviewInbox and ApprovalsInvoice InsightsInvoice ProductsInvoicesMarketplace IntegrationsNotifications and BrandingOnboarding and SupportOverviewPlanning Data and DimensionsPlanning Models and FormulasPlanning Time and ActualsPlanning UncertaintyPlanning Versions and CollaborationPlanning Views and ExportsPlans and AdjustmentsReceivablesReceivables AnalyticsReceivables ControlsRolling Budget CloseScenario PlanningSecurity and AccessSettings OverviewStress TestsTeams and OrganizationsTone Profiles and ExperimentsTransaction Categories and RulesTransaction CodingTransactionsWeekly Finance RitualWorkflow ExecutionsWorkflow OutcomesWorkflow PausesWorkflows
OverviewBudget vs. ActualsBuild a Driver-Based Planning ModelBuild and Review a ForecastBuild Your First WorkflowCollaborate on a Planning ModelCompare and Share Planning ScenariosConfigure Approval PoliciesConfigure Assistant OperationsConfigure Customer FieldsConfigure Notifications and BrandingConfigure Planning Time and ActualsConfigure Receivables ControlsConnect Planning Data and ActualsConnect Transaction RecordsConsolidationCreate and Manage CustomersCreate and Send InvoicesCreate Your First Planning ModelDeveloper API SetupFirst Cash ReviewHeadcount PlanningInvoice Collection WorkflowMaintain Transaction RulesManage Security and BillingManage Team AccessManage the Invoice LifecycleMCP WorkflowsMonitor and Recover WorkflowsOrganize and Share DocumentsProcess Inbox ItemsReconcile and Categorize TransactionsRevenue ForecastingReview a Customer Finance RecordReview, Restore, and Export a Planning ModelRun a Finance Operating ReviewRun a Receivables Tone ExperimentRun a Runway Stress TestRun Planning Uncertainty AnalysisRun Your First Command Center ReviewSave and Share Assistant WorkSet Up a WorkspaceTroubleshoot Account AccessWebhook DeliveryWeekly CFO Review
Overview

Concepts

DataDimensionsFormulasScenarios

Variables

VariablesChange an input over timeCreate a variableFormat a variableOrganize variablesTime totalsUse a variable from another modelVariable types

Time

TimeLast actual dateRoll the model forwardTime granularityTime settings

Formulas

FormulasBlanks and helpersCommon formulas: cash and balance sheetCommon formulas: cohortsCommon formulas: currency and multiple entitiesCommon formulas: headcount and payrollCommon formulas: SaaS metricsCommon formulas: seasonalityConditionalsDimension referencesFormula syntaxFunctionsTime referencesTroubleshoot formulasValues with uncertaintyWrite a formula

Charts and Dashboards

Charts and dashboardsCompare scenarios and versionsCreate a chartExport and shareTablesTime aggregation in charts

Dimensions

DimensionsApply a dimensionCreate a dimensionDimension examplesDimension totalsThe Dimensions page

Data

DataChoose cash or accrual for XeroConnect a data sourceLink a variable to dataRefresh and check actualsUse transaction categories as actuals

Data Integrations

Data integrationsBank transactionsCSV importFortnoxQuickBooksStripeXero

Views

ViewsCreate and edit a viewFilter a viewShare a view

Versions

VersionsCompare versionsRestore a versionSave a version

Scenarios

ScenariosCompare scenariosCreate a scenarioPlans and adjustmentsStress tests and shocks

Collaboration

CollaborationComment on a modelShare a model and set accessTeam roles and planning access

Managing Models

Managing modelsDuplicate a modelExport a modelModel limits and performanceStart from a templateThe models home and foldersTrash, restore, and delete a model
OverviewIntegrationsMCPSDKsWebhooks
OverviewAuthenticationBank Accounts APICustomers APIErrorsForecasts and Stress Tests APIInvoice Payments APIInvoices APIPaginationRate LimitsRemote Tracker API StatusTracker Categories APITracker Entries and Timers APITracker Projects APITransactions APIWebhooks API StatusWorkflows API
Overview
Overview