Basis 3Q 2023 Product Update

PRODUCT UPDATE

Scenarios now live

We're excited to announce the launch of our new Scenarios feature. You can now create and save multiple versions of your plans and budgets to make it simple to compare possible outcomes and make more informed decisions.

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We've also made a number of other improvements to Basis, including flexible fiscal year configurations, side-by-side variance comparison, and transaction drill downs for class-based accounts.

Scenario permissions

Scenarios have the same granular permission settings as the rest of Basis. This means you can choose to share scenarios, or only parts of a scenario, with other members of your team.

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Improved Budget vs Actual view

The new BvA view now presents unit and percentage variance deltas in separate columns to make it easier to scan through the comparison data and pinpoint potential issues.

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Class-based account transactions

Class-based accounts now show transactions just like in your original Chart of Accounts. You can drill down into cells to see the transactions involved. Double-click on a cell in the report table and click on the 'Transactions' tab in the context panel to see all transactions for that account.