Forecast Profiles

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)