5.3.2.2.2 Creating a Forecast Balance Rule

To create a new Forecast Balance rule, complete the following steps:

Figure 5-158 Create Forecast Balance Rule

1. Click the Add on the Forecast Balances summary page to add a new rule.
2. Enter the following Details.

   Table 5-43 Create Forecast Balance Rule

   Fields	Description
   Name	Enter the name of the Forecast Balance Rule.
   Description	Enter the description of the Forecast Balance Rule. This is an optional field.
   Folder	Select the Folder where the Forecast Balance Rule needs to be saved.
   Access Type	Select the Access Type as Read-Only or Read/Write.
   MDBSS Folder	Select the MDBSS folder
   MDBSS Hierarchy	Select the MDBSS hierarchy
   Time Bucket Folder	Select the Folder from which you want to apply Time Bucket Rule.
   Time Bucket Rule	Select the time horizon/aggregation for rule. Assumptions that you define when creating a forecast balance are based on a specific modeling horizon, which is defined in the Time Buckets. Example If you define a forecast balance based on a Time Bucket with a monthly modeling horizon, your results are calculated in monthly time periods. If you redefine that same forecast balance, using a different time bucket with a weekly modeling horizon, your results are calculated in weekly time periods. If assumptions in your Forecast Balance are based on a modeling horizon that is different from the horizon defined in the active time bucket, inaccurate data will result. You should verify that date-sensitive rules are consistent with the active Time Bucket.
   Currency	Select the currency for Forecast Balance

   Note:

   If any member is a currency in the MDBSS hierarchy (for example, INR) and selected currency is different (for example USD), then the member and its children nodes cannot be defined.

3. Select the MDBSS node(s) from Assumption Browser. The Assumption Browser has following two tabs: Member Tree and Search Results
   • Member Tree: Use the Member Tree tab to view the hierarchical structure and define rules by selecting the node members from the browser. Select Node and click the menu icon next to it to view the available options. Select Node and Click Menu icon next to it to view the available options.

     Figure 5-159 Member Tree

     
     

     

     
     

     Status of node is also displayed in Member Tree section, for example Selected, and so on. To select member hierarchy, following options are available:

     • Expand self, child and descendants: Allows to expand the selected node itself along with its child and descendants.
     • Expand selected member/branch: Allows to expand the selected node
     • Select UnSelect self, child: Allows to unselect the selected node itself along with its child
     • Select UnSelect self, child and descendants: Allows to unselect the selected node itself along with its child and descendants.
     • Select Defined self, child: Allows to select the selected node itself along with its child.
     • Select Defined self, child and descendants: Allows to select the selected node itself along with its child and descendants.
     • UnSelect self, child and descendants: Allows to unselect the selected node itself along with its child and descendants.

     Use Show Numeric Code Values (Left) icon to view the code value left to the Node name.

     Use Show Numeric Code Values (Right) icon to view the code value right to the Node name.

     Here, you can perform the following tasks on the selected node(s):

     • Add
     • Edit
     • View
     • Delete
     • Copy
   • Search Results: You can also search the members based on the filters. This section shows the searched node(s). To search a member, follow these steps:
     1. Navigate to Assumption Browser section of the Rule Definition page.
     2. Enter the Member ID, Name, Status, or Is Leaf in Search Criteria.

        Figure 5-160 Search Criteria

        
        

        

        
        
     3. Click Search. The searched member(s) will be displayed in Search Results section of Assumption Browser

        Figure 5-161 Searching Members

        
        

        

        
        

        Here, you can perform the following tasks on the searched node(s):

        • Add
        • Edit
        • View
        • Delete
        • Copy

     Click Show Parentage icon to view the Parent-child Node level hierarchy details of selected Node.

     Use Show Numeric Code Values (Left) icon to view the code value left to the Node name.

     Use Show Numeric Code Values (Right) icon to view the code value right to the Node name.

4. Select Forecast Balance Method from Method drop-down.
5. Select the predefined Rate Dependency Pattern from Rate Dependency Pattern drop-down. Else, click corresponding Action button to create new Rate Dependency Pattern, edit Rate Dependency Pattern, or view Rate Dependency Pattern.
6. Click Add from Assumption Browser section.
7. Click Save