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Determining the data range: Define the scope of your financial model
Before getting started you should consider which date range is relevant to your current model. The date range will not directly impact your model, but will naturally restrict the months in the timeline.
Setting the date range for your financial model
Suggestion: When developing your start-of-year budget, include at least 2 months from the previous financial year in your model view. This will allow you to consider some of last year's actuals when planning ahead.