Libraries

Libraries are a special class of a Published Model. Libraries contain only the FO Types and FO Instances needed to add new functionality to a model and do not create any values on the financial statement report specifications without input into the model using the library.

When a library is imported into a model it is read-only, protecting the underlying logic. However, once imported, as many instances of FOs can be created as necessary. Additionally, the imported FO Types can be copied or extended.

One of the key advantages of producing your own libraries is for sharing with other users. Your logic is protected, but you can generate updates at any time. Others using your library can choose to stay with the version they have or upgrade to your new version.

 

Difference between a Library and a Published Model

The only real difference is usage. Libraries contain stand-alone functionality, whereas a Published Model would contain not only the FO Types, but potentially a large number of instances as well.

 

Deleting a Library

In the model that is the source of the library, view the model in the model menu. In the checkpoint section, click on the desired checkpoint to delete. Under the Edit menu, select Delete Checkpoint. A library cannot be deleted if it is in use by another model.

 

The Initial Library

Every model begins with an initial Library. This library is supplied by the Software and includes all the basic FO Types

There are two types of models:

 

The Basic Library (used in all legacy models)

  1. Basic Income
  2. Basic Other Income
  3. Basic Interest Income
  4. Basic Gain (Loss)
  5. Basic Positive Net Income Adjustment
  1. Basic Expense
  2. Basic Other Deduction
  3. Basic Negative Net Income Adjustment
  4. Basic Interest Expense
    1. Interest Expense Hub
  5. Basic Depreciation
    1. Depreciation Hub
  6. Basic Amortization
    1. Amortization Hub
  7. Basic Depletion
    1. Depletion Hub
  1. Basic Cash
  2. Basic Marketable Security
  3. Basic Accounts Receivable
  4. Basic Inventory
  5. Basic Prepaid
  6. Basic Other Current Asset
  7. Basic Land
  8. Basic Plant and Equipment
  9. Basic Natural Resource
  10. Basic Intangible Asset
  11. Basic Other Asset
  12. Basic Long Term Investment
  13. Basic Accumulated Amortization
    1. Accumulated Amortization Hub
  14. Basic Accumulated Depreciation
    1. Accumulated Depreciation Hub
  15. Basic Accumulated Depletion
    1. Accumulated Depletion Hub
  16. Basic Accumulated Intangible Depreciation
    1. Accumulated Intangible Amortization Hub
  1. Basic Accounts Payable
  2. Basic Accrued Liability
  3. Basic Other Current Liability
  4. Basic Current Portion of Long Term Debt
    1. Current Portion of Long Term Debt Hub
  5. Basic Long Term Debt
  6. Basic Other Long Term Liability
  1. Basic Common Stock
  2. Basic Preferred Stock
  3. Basic Dividend
  4. Basic Balance Sheet Adjustment
  1. Basic Duration Line Item
  2. Basic Instant Line Item
  3. Basic Beginning Instant Line Item
  4. Basic Ratio

 

Related Links:

Checkpoints

Importing a Model