Forecasts
QuickBooks Tips and Tricks – Forecasts Using QuickBooks
New with QuickBooks Premier 2003 is the ability to automate the process of creating a forecast using actual historical information or creating a forecast from scratch. The interface for the forecast (as well as the budget) is much more flexible and user friendly than was available in the past.
This new feature is found by choosing Company > Planning and Budgeting > Set Up Forecast. When creating a forecast for the first time, a series of questions are answered to either create the forecast from scratch or historical information can be used. It is also possible to choose to create the forecast using the class feature or job feature.
The layout of the data entry screen is much easier to use. Pull down options at the top permit changing between various forecasts, as well as classes or customer: jobs if appropriate. The months are displayed horizontally with the accounts being displayed vertically.
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