Turns

Enter data for an account as the number of turns (how often the balance turns over) this item represents. This method is most commonly applied to inventory forecasting.

Note:

When forecasting using the Turns method, do not select the Increase in method in the Forecast section in the Forecast Method dialog.

If you select this option, you must specify the Associated Account, which you select in the Associated Account section of the Forecast Method dialog. The Input is... section is automatically set to Periodic. If you select this option, you must specify the Associated Account, which you select in the Associated Account section of the Forecast Method dialog.

If you elect to forecast Inventories using the Turns method and you select Cost of Goods Sold as the Associated Account calculation, your Inventories balance is calculated as follows in each forecast period:

Annualized Value of Cost of Goods Sold / Input for Turns