Once you have the setup complete, you can now enter a new revenue forecast into the system.
Create a new revenue forecast
Menu > Accounting > + > Revenue forecast
In the New forecast screen, you can name and set the parameters for the forecast. You are able to create as many forecasts as you want that are set with different parameters.
Title: (required) Enter a descriptive name for the forecast.
Company: (required if GL company is being used) Select a GL company for the forecast. All transactions must be associated with the selected GL company.
Starting year: (required) Enter the year you want the forecast to begin in.
Starting month: Select the month you want the forecast to begin from.
NOTE: If set to March, then the forecast will be from March of this year > Through February of the following year: Ex. 3/2025 - 2/2026.
If it is currently April, and you set the start month to January, then the forecast will be from January through December of the same year: Ex. 1/2025 - 12/2025. The prior months figures will still be based on settings made in the setup and will not contain any billing, other than what is contained in scheduled invoices.
Opportunities: Include all opportunities.
Potential projects: include all unapproved project estimates with 'include in forecasting' checked with a project status setup to be included in revenue forecast.
Approved projects: Include all approved project estimates with a project status setup to be included in revenue forecast.
Retainers: Include all active retainers.
Invoices: Include all scheduled/recurring invoices.
Potential campaigns: Include all unapproved campaign estimates with 'include in forecasting' checked.
Approved campaigns: Include all approved campaign estimates.
Select how you want expenses to be spread across the project duration.
From start: Add total expenses to the first period
From end: Add total expenses to the last period
Evenly: Divide total expenses across each period evenly
Exclude expenses: Exclude expenses from forecasting figures.
NOTE: Once 'exclude expenses' is selected, expenses cannot be re-added to spread differently. A new revenue forecast must be created to include expenses.
Forecast all projects as T&M: Allows you to forecast fixed-fee projects as a T&M project. The fixed-fee billing schedule will be ignored.
Click SAVE to create the revenue forecast.