This activity is used to define cash flow forecast categories and cash flows forecast IDs that should be connected to those forecast categories. Cash flow forecast categories are used to group forecasted cash flows for the purpose of analyzing/comparing similar forecasts. A cash flow forecast category could have many cash flow forecast IDs. A cash flow forecast created on a specific date is saved against a cash flow forecast ID, which in turn may have many versions.
For example, you could define a cash flow forecast category called Monthly Cash Flow Forecast to group all your monthly cash flow forecasts together. This cash flow forecast category could have cash flow IDs such as 201101, 201102, 201103, etc; one cash flow forecast ID for each monthly cash flow forecast you plan to create.
Cash Flow Forecast Category is defined as a dimension to the Cash Flow Forecast information source. This is used in IFS Business Analytics when designing reports on cash flow forecasts based on Microsoft Excel.
This activity has no prerequisites.
As a result of this activity, a cash flow forecast category with several cash flow forecast IDs will be available in the system to be used when creating cash flow forecasts.
To enter a cash flow forecast type: