What this article covers
A step-by-step walkthrough for setting up Finstack as a new user — with time estimates and links to the full reference for each step.
Before you start
These aren't required, but having them ready speeds things up:
The structure of the financial statements (Profit & Loss, Balance Sheet, Cash Flow Statement).
An existing mapping of ledger accounts (grootboekrekeningen).
The consolidation statement of your latest annual report.
Step 1: Connect your ERP (5 min)
Connect your accounting software so transactions flow into Finstack automatically. Go to Setup → Sources and click + Add source.
📺 Walkthrough video: Connecting your ERP
Full details: Sources overview
If you don't have a direct ERP connector: Uploading ERP data via Excel or CSV.
Step 2: Configure Working Capital (10 min)
Set the right General Ledger Accounts (GLAs) for Debtors & Creditors and Cash in Setup → Admin so Working Capital insights are immediately available.
📺 Walkthrough video: Setting up Working Capital
Full details: Working Capital collection
Step 3: Configure your report (1–2 hours)
The foundation of your reporting. First define the layout of your financial statements (Structure), then assign each GLA to the right line (Mapping).
Structure
Adjust the preloaded structure in Setup → Structure to match how you want your P&L, Balance Sheet, and Cash Flow Statement organised.
📺 Walkthrough video: Configuring Structure
Full details: Structure
Mapping
In Setup → Mapping, assign each GLA to a class in the structure. Complete P&L and BS first — the Cash Flow Statement is derived from references to those.
📺 Walkthrough video: Mapping GLAs
Full details: Mapping
Step 4: Set up Intercompany Eliminations (1-2+ hours)
Only relevant if you have multiple entities. Configure how IC transactions are eliminated from your consolidated view in Finance → Intercompany.
📺 Walkthrough video: IC eliminations explained
Full details: Consolidation and intercompany eliminations: overview
Step 5: Invite your team (5 min)
Bring colleagues and stakeholders into Finstack so they can view reports together. Go to Setup → Admin → Team to invite teammates and assign their access level.
Full details: Team
What's next?
Open Finance → Reporting to see your first financial statements.
Build your first dashboard. See Dashboards collection.
Get a head start with ready-to-use Reporting and Forecast Templates.
Build your first forecast scenario. See Forecast.