Create Forecast from entered Budget

Michelle_9656470
Michelle_9656470 Member Posts: 31 Reckoner Reckoner
in Accounts Hosted

Hi,

I have entered the 2024 budget in to Reckon which is Classed across numerous products.

I now want to create a Forecast ... which is starts with the budgeted figures. IS IT POSSIBLE TO CREATE A FORECAST BY DUPLICATING THE ENTERED BUDGET????

I hope so, as it will save me heaps of time in data entry. Fingers crossed someone knows how :) I should add that I am using Reckon Accounts Hosted.

Michelle

download (1).jpg


Answers

  • Michelle_9656470
    Michelle_9656470 Member Posts: 31 Reckoner Reckoner
    edited July 2023

    Hi,

    I have entered the 2024 budget in to Reckon which is Classed across numerous products.

    I now want to create a Forecast ... which is starts with the budgeted figures. IS IT POSSIBLE TO CREATE A FORECAST BY DUPLICATING THE ENTERED BUDGET????

    I hope so, as it will save me heaps of time in data entry. Fingers crossed someone knows how :) I should add that I am using Reckon Accounts Hosted.

    Michelle

    download (1).jpg


  • Acctd4
    Acctd4 Accredited Partner Posts: 3,868 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert

    Hi Michelle

    The Forecast is based on past actuals so you can create it from existing data (eg a P&L) but not from a Budget as a Budget is an expectation, rather than a reflection of performance.

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    *** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***

    * Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    shaz@accounted4.com.au

    https://accounted4.com.au

    (NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)

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