A 3-way forecast is one of the forecast types available in Futrli. It combines profit and loss, balance sheet and cash flow forecasting in a single forecast.
About 3-way forecasts
A 3-way forecast includes the following sections:
Sales
Costs
Expenses
Other P&L
Assets
Liabilities
Profit & Loss
Balance Sheet
Cash Flow Statement
This list isn't needed - a 3-way forecast is just a forecast which has P&L, Balance Sheet and Cash Flow - everything else is just a list specific to Futrli
đ TIP: To learn about other forecast types, see:
'Rolling forecast' can be removed
What you can do
With a 3-way forecast, you can:
Add predictions.
Share the forecast.
Publish the forecast.
Lock the forecast to prevent further changes.
đ Tip: After you publish a forecast, you can use it in a report.
Should the tip above not be the same as other tips in a separate callout?
Actual and forecast data
A 3-way forecast lets you choose where actual data ends and forecast data begins.
Create a 3-way forecast
Open the Forecasts tab, then select 3-way forecast. For step-by-step instructions, check the create a forecast guide.
A 3-way forecast in Futrli is a three-statement financial forecast that connects the profit and loss, balance sheet and cash flow statements in one forecast view.
Create a 3-way forecast
Open the Forecasts tab, then select 3-way forecast. There are two methods for paying down debtor and creditor balances in a 3-way forecast:
Pay the total balances down with a prediction
Use or override invoice payment terms
For step-by-step instructions, check the create a forecast guide.
What you can do
With a 3-way forecast, you can:
Add predictions.
Share the forecast.
Publish the forecast.
Lock the forecast to prevent further changes.
đ Tip: After you publish a forecast, you can use it in a report.