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Introduction

The AM (asset management) section of Tensor Cloud tracks and reports the finances of your renewable energy assets and of the special purpose vehicles (SPVs) that own them. It has three parts: Dashboard, Actuals, and Baselines.

Key capabilities​

AM dashboard​

The AM dashboard summarizes the financial performance of your assets and SPVs. You can compare the actual results of an SPV against a baseline and drill down into individual accounts. See Dashboard.

Financial actuals​

In Actuals, you upload and manage the actual financial data of your assets and SPVs. Tensor Cloud imports journal entries exported as XLSX files from Yayoi Kaikei and Kanjō Bugyō, two widely used Japanese accounting packages.

After the upload, you map your own accounts to the Tensor Cloud chart of accounts and assign each transaction to an asset or to the SPV. Tensor Cloud can also make these allocations automatically with agentic AI. Once transactions are allocated, you can compare actual results against your forecasts and budgets account by account. See Actuals.

Financial baselines​

In Baselines, you set up and manage financial baselines for your assets and SPVs. Pro-forma financial statements are usually built in spreadsheets, which are error-prone and hard to keep current when you need wide-ranging edits or periodic updates. Tensor Cloud generates baselines directly from asset simulation results instead, so the outputs follow your asset settings, PPAs, scenarios, and SPV settings. See Baselines.

How it works​

  1. Define your portfolio structure: create SPVs and assets, and set up PPAs and ownership.
  2. Generate baselines: create one or more baselines to produce pro-forma financial statements.
  3. Import actuals: upload journal entries from your accounting system.
  4. Map accounts and allocate transactions: link your accounts to the Tensor Cloud chart of accounts and assign transactions to assets or SPVs.
  5. Compare and analyze: review variances and drill into transaction details.

Chart of accounts​

Tensor Cloud uses a standard chart of accounts designed for renewable energy project finance. The first digit of each account code gives its category:

  • 1xxx: Assets, the resources owned by the project or SPV
  • 2xxx: Liabilities, such as debt and other obligations (this range also holds the accumulated depreciation accounts)
  • 3xxx: Equity, the ownership interest and retained earnings
  • 4xxx: Revenue from operations and other sources
  • 5xxx: Expenses incurred in operations

The Accounts reference lists every account.