Short Term Cash Forecast ONLY

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Short Term Cash Forecast ONLY

The Weekly Historic & Forecast Modules are an extremely valuable addition to the module library.

What if a client only wishes to have a forecast financial statements with an Opening Balance Sheet?

the difference is the Historic Income Statement.

Are there weekly forecast only modules

Michael Hutchens A+ 162

Hi Nick,

We discussed building a forecast-only weekly library but decided against it given that it would be out of date within days of using it build a model. Also, as you note, you can easily use the weekly, historical & forecast library and simply set the time series assumptions to include 1 historical period and use the historical balance sheet as an opening balance sheet. You'd really need to also put in 1 week of historical income statement data, which usually wouldn't be a problem if you're comfortable forecasting weekly.

One addition we are developing to the weekly, historical & forecast library is invoice-based debtors and creditors modules, so that the aged receivables and payable of the business can be imported and used for invoice/bill-specific receipts/payments forecasting. For many businesses in dire cash flow situations this is key functionality, and while our current libraries can be hacked to achieve this outcome, but we want modules that make it very easy.

As you know, this stuff is all just a matter of time and resources, and as long as we keep progressing we'll get there at some stage soon.

M.