The freestyle prediction method lets you enter a unique value for each period in your forecast. Use it for one-off transactions or irregular income and expenses that don't follow a fixed pattern.
Create a freestyle prediction
Open the forecast.
Select New prediction, then Manual prediction.
Select Freestyle as the prediction method.
Configure the prediction
Complete the following fields:
Prediction name | Enter a name for the prediction. This is the name that appears in the forecast and in any reports that reference it. |
Account | Select the account you want the prediction to update. |
VAT/GST/Sales tax rate | The prediction uses your default VAT/GST/Sales tax rate unless you enter a different percentage. |
Store on the | Choose the day of the period to store the prediction. |
Enter forecast values
Enter the amount for each period. Enter values excluding VAT/GST/Sales tax.
You can:
Enter different values for each period
Select an entire financial year or individual periods using the checkboxes
Add extra financial years by selecting Add financial year
Use quick actions
Use Quick actions to update multiple periods at the same time.
đ NOTE: Quick actions become available after you select at least one period.
Available options include:
Set selected to | Apply the same value to all selected periods. |
Increase/decrease by percentage | Increase or decrease selected values by a percentage. |
Increase/decrease by amount | Increase or decrease selected values by a fixed amount. |
Split between selected | Evenly divide a value across the selected periods. |
đ TIP: To clear all values, select the required periods, choose Set selected to, enter 0, then select Update.
Set the cash flow payment treatment
Choose how the prediction affects cash flow.
Available options are:
Same day payment
Single payment
Multi: in days
Non cash transfer
đ TIP: If you select Non cash transfer, choose a balancing account.
Review the Accounts impacted tab
The Accounts impacted tab shows how the prediction affects your forecast, including:
The selected Profit & Loss or Balance Sheet account
VAT/GST/Sales tax
Bank accounts
Accounts receivable or payable
đ NOTE: This tab appears after you enter a prediction name and select an account.