Updating a cash forecast from a direct forecast
Use this procedure to update the forecasted amounts in the selected cash forecast.
- Select Direct Forecast.
- From the Direct Forecast Periods list, open the forecast period to add to a cash forecast. Scroll down to view that list.
- Select Actions > Add To Forecast.
- Complete any parameters to filter the results.
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In the Cash Flow Type section, specify this information:
- Cash Inflow
- Select this check box to include only money that has come in to the business, for example from sales.
- Cash Outflow
- Select this check box to include only money that is spent by the company, for example, expenses, debts, and operating costs.
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In the Actions section, specify this information:
- Override Forecast Amount
- Select this check box to replace the existing amount of the main cash forecast with the Cash Inflow or Cash Outflow amount.
- Append Forecast Amount
- Select this check box to add or subtract the cash forecast amount from the main forecast with the Cash Inflow or Cash Outflow amount.
- Click Submit.