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Create a new forecast

How to create a new 1 year P&L, 3 year cash flow, or 3 year cash flow with due invoices forecast.

Updated today

From the Forecasting tab, you can create three types of forecasts:


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Depending on the type of forecast, you can then create them by the following methods:
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Click the method below for more details.

Create them from scratch

The new forecast will have no predictions, just the balances of any balance sheet account from the last available actual data (not applicable for the 1 year P&L forecast option).

Create with auto-predictions

The new forecast will have a Futrli-created automated prediction built for every account.

Create from last year's accruals

The new forecast will have a prediction created automatically for each account. That prediction is a formula referencing the actual data from 12 months previous for the account in question.

Create from an existing forecast

The new forecast is created using a pre-existing Futrli forecast. Within the new forecast, regardless of how it was created, you can create your own manual predictions, or import predictions in bulk.

Click the type of forecast below that you want to create for detailed steps.


Create a 1 year P&L forecast

๐Ÿ“ŽNOTE: This forecast only shows forecasted data. There is no option to show actual data.

  1. Click 1 year P&L.

  2. Enter a name for the forecast.

  3. Select a start date of the forecast.

  4. You then have four options to choose from.

    • From scratch

    • Create with auto-predictions

    • Create from last year's accruals

    • Create from an existing forecast - you select a forecast to duplicate from
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      Create a 1 year P&L forecast screen.


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  5. When you're ready, click Create new.


Create a 3 year cash flow forecast

๐Ÿ“ŽNOTE: You don't select a start date for your forecast as it will automatically start today, and then show actual data until whatever date you decide.

  1. Click 3 year cash flow.

  2. Enter a name for the forecast.

  3. Select a date to show the forecasted data from (this can be changed later).

  4. You then have four options to choose from.

    • From scratch

    • Create with auto-predictions

    • Create from last year's accruals

    • Create from an existing forecast - you select a forecast to duplicate from
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      โ€‹

      Create a 3 year cash flow forecast screen.


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  5. When you're done, click Create new.


Create a 3 year cash flow with due invoices

๐Ÿ“ŽNOTE: You don't select a start date for your forecast as it will automatically start today, show actual data until yesterday, then show forecasted data from today.

  1. Click 3 year cash flow with due invoices.

  2. Enter a name for the forecast.

  3. You then have three options to choose from.

    • From scratch

    • Create with auto-predictions

    • Create from last year's accruals
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      โ€‹

      Create a 3 year cash flow with due invoices screen.


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  4. When you're done, click Create new.


Next steps

After you create your forecast, when you return to the Forecasting tab, you will find your forecast listed in the left panel as a draft.

you can do the following:


๐Ÿ“ŒTIP: Use our interactive walkthrough of the Forecasting feature in Futrli, including how to create a new forecast.

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