Configuring a file group for your annual financial plan

Before you can model your organization's finances and generate long-term plans and forecasts in Axiom Financial Planning, you need to set up a file group for the current year's financial plan. This file group contains plan files with the financial models for each node (unit) in your organization. A node can be defined as an entity, health plan, balance sheet, or initiative.

In addition to nodes, an Axiom Financial Planning file group includes:

• Driver files
• Templates
• Process definitions

You maintain a designated file group for the active financial plan for the current fiscal year. At the end of each year, you roll forward the data from the current year's file group to the next year's file group. The Annual Rollforward Utility helps walk you through this process.

Apart from this, you rarely need to interact with the file group directly. Most of the time, you open and edit individual files using links in the various task panes.

For information and guidance in setting up your annual financial plan, you can use the Financial Planning Interactive User Guide.