Use the unit prediction method when you want to forecast sales of products or services. You can define the selling price, expected quantity, future price changes, growth rates and refunds.
Create a unit prediction
Open the forecast.
Select New prediction, then Manual prediction.
Select Unit 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. |
Unit price | Enter the selling price for a single unit, excluding VAT/GST/Sales tax. |
Quantity | Enter the quantity you expect to sell and choose the period that quantity applies to. |
Start and end dates | Select when the prediction starts.
If required, set an end date. Leave the end date blank to continue the prediction indefinitely. |
Growth, refunds and price changes | Update the prediction over time by setting:
|
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 impacted accounts
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, select an account, enter a unit price, and specify a quantity.