Setting Forecast Methods

Select the default forecast method to use for each line item to drive cash forecasts.

Line items forecasts are calculated based on the default forecast method for that line item.

Administrators typically perform this one-time setup task. Cash managers can make changes for their entity any time if needed.

For details about each of the supported forecast methods, see About Forecast Methods.

Note:

Use the Cash Manager Flow navigation flow to set forecast methods.

1. From the Home page, click Daily Cash Forecast, and then click Set Forecast Method.
2. Select the entity from the POV. (You must set forecast methods for every entity.)
3. For each line item, select the default forecast methods to use for different time periods of the rolling forecast range:

   Tip:

   You can open the form in Oracle Smart View for Office to quickly update all the line items.
   1. Preferred Method 1—Select the preferred default forecast method.
   2. Method 1: End Period—Select the last period of the rolling forecast range to use the preferred method 1 you selected. (In a daily model, the period is days. In a periodic model, the period is monthly or weekly.)
4. Repeat these steps for Method 2 and Method 3.

   Note that every end period following the first end period has be greater than the first end period.

5. Repeat these steps for each entity.

   You can use the rule Daily / Periodic Push Assumptions to Entities to copy assumptions from one entity to one or more entities.

Note:

You can calculate forecasts for line items using any method, but the method you select here becomes the default.