Understanding Budget Forecasting and Planning Setup

You can forecast revenue and expense budget amounts up to 15 years in the future with the forecasting and planning programs. Before you can forecast budget amounts for profit and loss accounts, you must complete these setup requirements:

Set up growth patterns.
Growth patterns can be either fixed amounts or percentages.
Assign growth patterns to business units.
Growth patterns can be changed at the account level, if necessary.

To forecast budget amounts, the system applies a growth pattern to the basis amounts that it retrieves from the net posting amounts in the Account Balances table (F0902).