Create Cash Flow Forecast

Explanation

This activity is used to create a forecast of future cash flows from the cash flow information collected from the specified companies based on a selected analysis ID.

A company can have overdue cash flows, due cash flows or future cash flows. A cash flow forecast created for such cash flows enable you to estimate the cash inflow and outflows of a company for a selected future time interval.

Once a cash flow forecast is created, it cannot be refreshed or recreated. A new version of the same cash flow forecast can be created if required.

Prerequisites

In order to perform this activity cash flow forecast information including the cash flow forecast category, forecast ID, version, analysis ID, company, date from, date until and the currency rate data should be entered and saved in the Cash Flow Forecast window.

System Effects

As a result of this activity, the following system effects would take place.

• Cash flow forecast information will be available to be accessed via the Cash Flow Forecast information source in IFS Business Reporter.
• The Created On  field in the Cash Flow Forecast window will be updated with the time stamp of the creation time.
• The Created By  field in the Cash Flow Forecast window will be updated with your user ID.

Window

Cash Flow Forecast

Related Window Descriptions

Cash Flow Forecast

Procedure

To create a cash flow forecast:

1. Open the Cash Flow Forecast window and use the Populate or Query function to find the cash flow forecast record you want to use for creating the cash flow forecast.
2. Select the record, right-click and then click Create Cash Flow Forecast.