The Revenue Forecast screen allows you to edit some of the data and also allows for different sorting/grouping of the data. Changes can be made and saved prior to sending the Forecast to Account Managers for review, update and approval. The data in the Revenue Forecast can be grouped by Type (as seen here), Client, Account Manager or Office. Additionally, the financial data can be displayed by Gross, Net or Profit dollars. Other options on this screen are the standard options in the grid to add, delete, approve print, collapse or expand groups. Use the pencil icon to edit a specific line. If data has been changed for any line item, select that line then click "Regenerate Items" and Save the changes. The Notify Account Manager will send selected lines to Account Managers identified on a transaction that their review and approval is required. Once the Revenue Forecast lines have been updated/approved, the Create Budget button will allow you to create a Financial Budget.
NOTE: If using Multi-Currency, all projects in a Foreign Currency should be deleted from the Home Currency Revenue Forecast. Generate separate Revenue Forecasts for each Foreign Currency. While you can use the "Create a Budget" option for your Home Currency Forecasts, do not use this option with any Foreign Currency Forecasts.
Viewing And Editing A Revenue Forecast
Forecasted amounts are placed into monthly buckets based on the selected date range. Any amounts that fall before or after this date range will be in the Prior and Next 12 Months columns.
NOTE: Total column = Prior column + All Month columns. Prior column = Any money outside the time-frame of the report data.
This button will pull any changed budget data for the line items. However, if you want to pull all current data (that is not listed in the current forecast worksheet) it may be best to create a brand new forecast worksheet to pull all data.
This allows you to create a Financial Budget based upon the information contained in the forecast.
Notify Account Managers
This will send out an email to all Account Managers associated with the Project included in the forecast. They will be allowed to review/update the included line items (i.e. Budgets).
Security Rights will limit users to only be allowed to edit lines that are assigned to them as the Account Manager of the Project.
In the line details, you can add new items, such as new projects created after the initial generation of the forecast, or removing a project that no longer needs to be included in the forecast.
The main edit options are as follows.
You can also edit the existing lines by clicking on the edit icon for that line. Then depending on what type of item (Opportunity/Project/Invoice/Retainer) it is, you will then be shown one of the following screens. Here you can modify the amounts to fall more in line with expectations.
OPPORTUNITY / PROJECT EDIT
NOTE: Changes to the Opportunity Owner is for this Forecast only if a permanent change is required, it must be made on the Opportunity itself.