Forecasting Set-up

Before getting Started: 

• Please ensure that your Flowhaven Admin has enabled your agreement for forecasting.

Getting Started: 

From the Licensing Suite, click "Sales Report" to navigate to the financial module. 

Click "Forecasts" 

Click the Agreement "Type to search" field.

Select the Agreement you will be forecasting for.

Note: If you are unsure which Agreement to select, please reach out to your Flowhaven Admin. 

Begin Forecasting for the first reporting period (Monthly, Quarterly, Annually, etc.)

Select the "Pencil" icon to make changes.

Click "+" icon to add a royalty forecast line.

Add notes under the Comments section if needed.

Under the Territories field, click the drop down arrow to find the first Territory to add. 

Note: Forecasting for this sample agreement is for Territories. Forecasting fields may vary depending on each agreement. 

Click the Territory drop down to view and select options. 

Click the field under "New royalty forecast " to enter the forecasted amount.

Click the "+" icon to add another forecast line if needed. Follow the same steps as above for the new line.

Once the forecast for the period looks correct, click "Save".

To copy and paste a reporting period forecast to another period, click the "Copy and paste data" icon from the line you would like to duplicate. 

From the pop up window, click the drop down and select the destination period to copy and paste to. 

Click "copy".

Note: If any increases or decreases are anticipated, you can add this percentage to the "Ratio % increase/decrease" field.

The details will be copied to the line selected. Click the drop down arrow to view the items.

Deleting a Line 

In the event where you need to remove a line, select the trash can icon.

Confirm you would like to delete the line by clicking "Delete".

Once the forecast for the period looks correct, click "Save".

Congratulations, you have now added your forecast for your agreement!