Creating a Model
Last updated on 2025-03-03
Overview
A model in Lucanet xP&A refers to a structured representation of data and calculations, similar to a tab in a spreadsheet.
You can define a model as your "base" model representing the default scenario. To compare different scenarios, you can create variants of your "base" model in which some variables (or cells of a variable) have different values or formulas.
The structure of the model — the variables, groups, and sections — doesn't change across scenarios.
A new model can be created:
- Manually
- Using AI or a wizard
Creating a New Model
To create a new model, click New model directly on the start page or in the overview on the start page. The Create Model dialog is displayed as follows:
The 'Create Model' dialog
Choose one of the following options:
Area
Option
Basic
In this area, a New model can be created to start from scratch.
Wizard/AI
In this area, specific types of models can be created using AI or a wizard guiding through the setup process and using your data during the setup. The following model types are available:
- P&L and Runway
- Full P&L and balance sheet report
- Stripe MRR Report
- Headcount Plan
- Sales and Pipeline Report
- If you hover over the model type name, a description of the model type is displayed on the right side of the dialog.
- Once the model is created, you can start editing it and filling it with your data as described in Modeling your Data.