Forecasting Payments

Pages Used to Forecast Payments

Page Name	Definition Name	Usage
Forecast Cycle Page	PYFRCST_CYCLE	Define forecast cycles that determine the universe of scheduled payments that can be selected for a payment forecast.
Forecast by Bank Account Page	PYFRCST_BANK	Review payment forecasts by bank. Review summarized amounts for each period in your forecast cycle. If a category does not appear, no payments are scheduled for that period.
Reset Forecast Cycle Page	PYFRCST_DELETE	Reset the forecast cycle and adjust the parameters to review various what-if scenarios.
Forecast Report Request Page	PYFRCST_RQST	Define run parameters for the Payment Forecast report (APY2040). Use the report to examine your payment forecasts. See Reset Forecast Cycle Page

Forecast Cycle Page

Use the Forecast Cycle page (PYFRCST_CYCLE) to define forecast cycles that determine the universe of scheduled payments that can be selected for a payment forecast.

Navigation:

Accounts Payable, and then Reports, and then Forecast, and then Forecast Cycle

This example illustrates the fields and controls on the Forecast Cycle page. You can find definitions for the fields and controls later on this page.

Forecast Selection Criteria

Field or Control	Description
Pay From Date	Enter the beginning date for your forecast cycle. All payment schedules pay dates equal to or greater than the pay from date are included in your forecast.
Pay Through Date	Enter the ending date for your forecast cycle. All payment schedules with a scheduled pay date equal to or less than the pay through date are included in your forecast.
Created	Displays the date for the last time that this forecast cycle was processed.
User	Displays the user ID of the user who ran this forecast cycle the last time that it was processed.
Bank SetID	Enter your bank SetID, bank code, and bank account number.
Create Forecast Now	Initiates the Payment Forecast process. The system evaluates your unpaid payment schedules and summarizes the data for your review on the Forecast by Bank Account page.

Selection

Field or Control	Description
Category	Defines the time interval in which the forecast results can be viewed and reported upon. Your categories can be of different lengths. For example, the forecast calendar could start on a daily basis for two weeks, continue to a weekly basis for eight weeks, and then switch to a monthly basis for the next twelve months.
From	Enter the first day for the time span and the last in the To field. Subsequent intervals build upon each other.

Forecast by Bank Account Page

Use the Forecast by Bank Account page (PYFRCST_BANK) to review payment forecasts by bank.

Review summarized amounts for each period in your forecast cycle. If a category does not appear, no payments are scheduled for that period.

Navigation:

Accounts Payable, and then Reports, and then Forecast, and then Forecast by Bank Account

Field or Control	Description
Forecast Cycle	Displays the name of the forecast cycle.
Bank SetID	Displays the SetID associated with the bank code and account that has payments scheduled within the forecast cycle timeframe.
Bank Code	Displays the bank code associated with the bank account that has payments scheduled within the forecast cycle timeframe.
Bank Account	Displays the bank account that has payments scheduled within the forecast cycle timeframe.
Created By	Displays the user name who ran this forecast cycle the last time the forecast cycle was processed.
Created	Displays the date that the forecast cycle was created.
Pay From Date	Displays the beginning date for your forecast cycle.
Pay Through Date	Displays the ending date for the forecast cycle.

Forecast by Period

Field or Control	Description
From	Displays the date associated with the first day for the time span.
Through	Displays the date associated with the last day for the time span.
Amount	Displays the total amount for the scheduled payments due within the date range listed. The currency for the scheduled amount also appears.
Scheduled Payments	Displays number of scheduled payments that are due within the date range listed.

Reset Forecast Cycle Page

Use the Reset Forecast Cycle page (PYFRCST_DELETE) to reset the forecast cycle and adjust the parameters to review various what-if scenarios.

Navigation:

Accounts Payable, and then Reports, and then Forecast, and then Reset Forecast Cycle

Field or Control	Description
Payment Forecast Cycle	Displays the name of the payment forecast cycle.
Do Not Delete	Ensures that if you click Save, nothing related to the forecast cycle definition that you created is deleted.
Delete Forecast Results Only	Erases the results of a forecast, so that you can run it again.
Delete Both Results and Cycle	Deletes the results and the definition of the forecast cycle.