Adjusting the Operating Expense Forecast with Predictive Planning and Grid Spread

Use the OpEx Predictive/Spread form to review or adjust departmental Forecasts by accessing historical data. You can also create new Forecasts by looking at trends and growth rate predictions.

In this form, you can use the Grid spread feature for open periods. You can also use the Predictive Planning feature to review and adjust departmental Forecasts.

Note:

Substitution variables set the Version, Scenario, BudCurrYr and BudNextYr.

To adjust the operating expense Forecast:

1. From the Home page, click the OpEx card.

2. To open OpEx Planning forms, click the 1 tab on the left.

3. Click OpEx Predictive/Spread.

4. In the Point of View, choose a Version, Subsidiary, Currency, and Department.

5. Review the Forecast and, if needed, enter adjustments or new values.

   Note:

   You can only enter Forecast values at the detail level.

6. (Optional) Use the Grid Spread feature to adjust a Forecast total for a row. For more information, see Scenario Planning with Grid Spread.

7. (Optional) Use the Predictive Planning feature to make predictions or review the operating expense Forecast. For more information, see Forecasting with Predictive Planning.

8. Click Save.

9. To update top-level members with the adjusted data in input currency, right-click the data grid and select Aggregate to Income Statement.

10. (Optional) To update the relevant financial statements in both input and reporting currencies:

    1. Go to the Home page and click the Rules card.

    2. Beside the ruleset NFS_All Accts Forecast Data Refresh, click the Launch arrow.

Related Topics

• Working With OpEx Planning
• Entering the Operating Expense Forecast Values by Department
• Entering Departmental Operating Expense Forecast Values by Account
• Making Top Level Adjustments to the Operating Expense Forecast
• Analyzing Trends in the OpEx Trend Dashboard

General Notices