A forecast profile is a forecasting template that you can assign to locations or revenue centers. The profile consists of the following items:
The workflow to control rules and behaviors for submitting and generating forecasts.
The algorithm, or the mathematical formula, used to generate forecasts based on historical data and information input by a user. You can configure the formulaic weight of historical data relative to manually input data.
The components that determine the projected values for generated forecasts.
You can configure and view the values for the following forecast components:
Gross Sales (automatically generated)
Net Sales
Discounts
Checks
Table Turns
Average Check (automatically generated)
Open Check Guest Count
Closed Check Guest Count
Guest Present
Sales Quantity
Sales Net VAT before Discount (Advanced View only)
Sales Net VAT after Discount (Advanced View only)
Related Topics
Parent topic: Configuring Forecasting and Budget