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Forecast+ Setup
Setting up Forecast+ for optimal performance
Setting up Forecast+ for optimal performance
Baremetrics avatar
Written by Baremetrics
Updated over a week ago

Setting up Forecast+ is incredibly easy and intuitive. With its user-friendly interface, you will be able to access all the features and tools you need to make informed decisions. You will be able to quickly and easily analyze data, create forecasts, and generate reports. The software is designed to make your work easier and more efficient, so you can focus on what really matters - making strategic business decisions. In addition, Forecast+ is constantly being updated and improved, so you can be sure that you are using the latest and most advanced tools available.

Choosing Your Date Range

Forecast+ offers a range of features that allow you to customize your financial planning according to your specific needs. One of these features is the ability to set your actual start date, which represents the beginning of your financial reporting period. By setting this date, you can analyze your financial performance over a specific period of time and gain insights into your business operations.

In addition to the actual start date, Forecast+ also enables you to set your forecast start and end dates. This allows you to create financial forecasts and models that provide insights into your future financial performance. By setting these dates, you can plan for the future, identify potential issues, and make informed decisions about your business operations.

Another important feature of Forecast+ is the ability to set the start of the fiscal year. This feature is particularly useful for businesses that operate on a fiscal year basis rather than a calendar year basis. By setting the start of the fiscal year, you can view the 12-year period as a fiscal year rather than a calendar year on the operating model and dashboard year. For example, if your fiscal year starts in July, you can set the start of the fiscal year to July and view your financial data accordingly.

Overall, Forecast+ offers a range of features that allow you to customize your financial planning according to your specific needs. By taking advantage of these features, you can gain insights into your financial performance, plan for the future, and make informed decisions about your business operations.

In summary,

🛠️ Customizable Financial Planning: Tailor your financial planning process to match your business's specific needs with Forecast+.

🗓️ Set an Actual Start Date: Define the starting point for financial performance analysis and determine the historical data import range.

📈 Establish Forecast Dates: Determine the start and end dates for your financial forecasting models to accurately anticipate future financial performance.

🔄 Fiscal Year Adjustments: Adapt your financial data view to align with your company's fiscal year, even if it differs from the calendar year.

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