Adding your data to the forecast entries Follow

Previous step: Creating forecast items as you map your actuals

 

Once you've created your forecast entries through the mapping process, it's time to add your numbers to them, using the Forecast tab. Remember:

  • Your actuals represent the past
  • Your forecast represents the present and future

This is why the actuals you've imported to LivePlan can't populate the Forecast tab. Instead, you'll enter your future predictions for revenues and costs in this tab.

This short video shows you how to get started:

 

 

Starting from a report

You may wish to run a Profit & Loss report from your accounting tool and use that as a starting point for your forecast entries. The P&L can tell you what you are currently earning (and spending) in your business, and this information can help you estimate future growth.

You might also find these articles helpful for entering your data into the Forecast tab:

 

Related Topics:

Trends: Comparing actuals to your forecast

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