SECTIONSForecast Controller Overview
Certinia enables you to generate financial planning forecasts at the click of a button.
Planning and Analysis creates a target baseline for comparing actual results. At the end of a period, it's possible to compare the budget to actual financial data to determine how well a business performed during that time frame.
Using the Forecast Controller tool, you can forecast for an entire fiscal year or use real-time data to project business performance.
Whether you create different forecasts throughout the year or rely on a master budget, the Forecast Controller makes it easier to forecast revenue and improve performance management accurately.
For the Forecast Controller to work accurately, you must:
- Configure the header
- Select all drop-downs
- Specify all the necessary global filters for budgets and source actual data.
- Select the start and end dates so that the entire period of interest falls between them.
It is also necessary to select a specific condition in each budget from the sorted list using the SOQL language, which will unambiguously determine which source data is placed in a specific budget.
For more information, see Scheduling a Forecast.