Create a Revenue Forecast

Use the Revenue Forecast submodule under the General Ledger module to create revenue forecasts.

To perform this procedure, you must have access to Finance & Administration as defined in the User Access Rights submodule under Settings.

To create a revenue forecast:

1. On the main toolbar, click Finance & Administration .
2. In the left pane of the Finance & Administration screen, click General Ledger > Revenue Forecast.
3. If you have more than one company in your system, use the drop-down list above the Finance & Administration menu in the left pane to select the company for which you want to create a net revenue forecast.
4. On the toolbar of the top grid, click New Revenue Forecast .
5. In the Create Revenue Forecast dialog box, enter the name of the net revenue forecast in the Title field.
6. In the Method and Per Date fields, select a net revenue forecast method and start date, respectively.
7. To include only the actual costs in your reports, select Only Actual.
8. In the Months field, specify the number of months covered by the revenue forecast.
   The maximum number of months that you can enter is 24.
9. In the Companies field, specify the companies whose jobs and pipeline activities will be included the net revenue forecast .
10. If you previously edited forecast numbers manually and you want to carry these edited values over to the new forecast, select the revenue forecast from which you want to copy those values in the Copy manual edits from field.
    This makes the forecast more accurate as the additional months in the new forecast are now based on actuals.
11. Click OK.