assets/courses/reporting-engine/files/input/facts-en.md

# Arco — fictional monthly management accounts

Currency EUR. The GL sheet contains monthly income-statement movements, not cumulative closing balances. Revenue is positive; COGS and Operating expenses are negative. Account 4000 is revenue, 5000 cost of goods sold and 6000 operating expense. Budget uses the same categories and sign convention. Dates are month-end in 2026. Fiscal year begins in January. No other operating items, depreciation, interest or tax are included in this teaching scope; the operating result here is EBITDA, not net profit. The data is fictional and not a statutory statement.

The first report covers January–February with cut-off 28 February 2026. GL control total is EUR 53,000, budget EUR 47,000. The March practice adds one month without replacing the preceding rows. Its year-to-date GL total is EUR 85,000 and budget EUR 77,000. Both sheets carry the same period and category population. The exercise concerns preparing and reading a report; no cause for a variance is asserted beyond these supplied figures.

For management-control-pack and Clara budgeting, map Revenue to revenue, COGS to cogs and Operating expenses to operating_expense after reviewing the actual sheets. Other functions must inspect their own current preparation and input contracts; this note is a declaration of case meanings, not a reviewed technical recipe or professional acceptance.