When you create a new forecast in Futrli, one of your options is a 1 year P&L.
These forecasts are 12 months in length and you can start them in a month of your choice. Unlike a 3 year cash flow forecast, this looks at P&L information only and doesn't look at any balance sheet account.
Within any 1 year P&L forecast you can:
Build the new forecast to include Futrli's auto-predictions
Import predictions in bulk
You can lock 1 year P&L forecasts to prevent anyone from making any further changes to it.
How do I create a 1 year P&L forecast?
You create this forecast from within the Forecasting homepage.
You can create them:
From scratch
Using Futrli's auto-predictions
Using pre-built predictions referencing last year's actual data
Copying from an existing Futrli forecast
📌TIP: For more information, use our Create a new forecast guide.
You can also click the GIF below for a guided walkthrough of a 1 year P&L forecast in Futrli.
What other forecast types are there?
For more information on the other two forecast types that you can create, click the guides below: