Recalculate a Forecast Budget

Depending on your role in WorkBook, you can recalculate forecast budgets as needed. For example, when you want to compare the revenue forecast for a specific period to the financial budget for the same period. To ensure that you are comparing your revenue forecasts with up-to-date financial budgets, you must recalculate the budgets on a regular basis.

To perform this procedure, you must have access to Finance & Administration as defined in the User Access Rights submodule under Settings.

To recalculate a forecast budget:

1. On the module toolbar, click Finance & Administration .
2. In the left pane of the Finance & Administration screen, click General Ledger > Revenue Forecast.
3. If you have more than one company in your system, use the drop-down list above the Finance & Administration menu in the left pane to select the company associated with the revenue forecast that contains the financial budget that you want to recalculate.
4. On the top grid toolbar, use the drop-down list to select the revenue forecast that contains the financial budget that you want to recalculate. To display the revenue forecasts for all companies in the system, select Include All Companies. To display inactive revenue forecasts, select Include Inactive Forecasts.
5. On the top grid toolbar, click Click Revenue Forecast Options > Recalculate the Forecast Budgets.
   WorkBook updates the values in the financial budget column in the top grid of the Revenue Forecast submodule.