Configuring and Copying Event Forecasts

With an active OPERA Cloud Sales and Event Management Premium license, you can establish Event Type/Revenue Type forecasts by date range. You can define Event Forecasts, with or without a market code or a block type, to manage different revenue forecasts for different types of bookings, such as corporate versus social. You can also copy Event Forecasts. The capabilities are designed to reduce manual updates, provide accurate forecasts, and improve reporting. To configure and copy Event Forecast records, use Event Forecast Maintenance search to locate a record to copy.

Configuring Event Forecast Records

1. From the Administration Menu, select Booking, select Resource Management, and select Event Forecast Maintenance.

2. Click New.

3. Select an Event Type. The system will autofill a Description and Currency type.

4. Select a Start Date and an End Date to establish the date range of your forecast.

5. Enter a Market Code to track the source of the business.

6. Enter a Block Type to identify to the type of business.

7. Click New to open the Revenue Details dialog.

8. Select a Revenue Type for the event, such as Food, Beverage, and so on and click Select.

9. Enter an Amount and select to apply the amount to either a Flat Amount or Per Person.

10. Click Save.

11. Click Save again.

Copying Event Forecast Records

1. Click the ellipsis next to the New action button and select Copy.

   Enter search criteria in any of the fields and then click Search.

2. From search results, select the Event Type Forecast record you want to copy and click the transition button to move the record into the copy section.

3. Click Save.

4. In the Review and Copy dialog, you can make the following changes to your copied event records before saving:

   • Select the Include Revenue Type check box to retain the revenue type on the copy.

   • Select Copy Event Type As to change the Event Type to a different Event Type.

   • Select Copy Start Date As to change the Copy Start.

   • Select Copy End Date As to change the Copy End dates.

   • Select Copy Block Type As to change the Block Type.

5. Click Copy and Continue.

6. The Copy Results dialog will provide a status message on your copy.