Understanding Forecast Price Revisions

You can enter prices for unique combinations of item number, branch/plant, forecast type, and customer number. All these values are stored in the Forecast Prices table (F34007), and are used to extend the amount or quantity on a detail forecast record in the Forecast File table (F3460) and the Forecast Summary File table (F3400). You can roll up these prices to the higher level items in the forecast hierarchy by using the Forecast Price Rollup program (R34620).

If the forecast is stated in terms of quantity, you can use table F34007 to extend the forecast in amounts, for example, as a projection of revenue. In the case of a sales forecast, the forecast might already be stated in terms of revenue. In this case, you might want to convert the forecast into quantities to support production planning.