Overview:

Revenue Forecasting provides a process for forecasting the spread of expected revenue for an unlimited number of periods into the future.

The forecast is a snapshot for a particular Revenue Forecasting Period, which can be updated as required until the period is closed (based on Control Parameters defined below).

The forecast can be at the header job level (which will display only the header jobs flagged for forecasting in Job Maintenance), which rolls all the related subjobs up into the header, or at the individual job level (which will display only jobs - of any level - flagged for forecasting in Job Maintenance).

The screen display allows for a window of 12 periods to be displayed at any one time. Forecast values before this 12-month window are displayed in Prior Period column.

The allowable forecast value, the To Bill value, is based on the revenue budget for a job and/or its subjobs less what has been invoiced for a job and/or its subjobs.

Screen Guide: