▶️ Forecasting Report

What is a Forecasting Report within Parish and Town Councils

Forecasting Reports within Parish and Town Councils allow you to easily create and view a forecast for the current financial year which will show the expected end-of-year position for your council. This will assist with not only making informed decisions regarding the remainder of the current financial year but will also help when setting future budgets. 

What is a Forecasting Report within Scribe Accounts

Scribe Accounts has a specific report called Forecasting Report which is part of Scribe’s forecasting facility allowing you to produce a report to see a breakdown of your actuals month on month and easily view the end-of-year position. This report removes the need to extract data into a spreadsheet and allows you to manage forecasting easily within your Scribe account. 

 

Where is the Forecasting Report within Scribe Accounts

Log into Scribe Accounts and navigate to menu Budgeting → forecasting Report alternatively click here

 

How To Generate A Forecasting Report Within Scribe Accounts

💡 Before creating a report using forecasting in Scribe, forecasting options must be set against cost codes. 

Log into Scribe Accounts and navigate to menu Budgeting → Forecasting Report

Click the Filter Button 

Select the month from the dropdown menu for which you want to start showing forecast figures, Scribe will automatically select the "Current Month" (e.g., if all data is on and reconciled up to the end of October, select November).

The report will show the total annual budget, the actual figures (up to the month selected), the forecast figures (from the month selected), the total (actual plus forecast) and the variance for both receipts and payments and the overall net position.

The figures shown will be the same as in the monthly report but shown as total figures.  

How to Download a Forecasting Report

Once you have created your report you can download the report by simply selecting the Google ‘Download’ button, 

or by using the Actions button in the top right corner you can then choose the file format and the report  will start downloading

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How to Print a Forecasting Report

Once you have created your report you can print it by simply clicking the printer icon in the google print bar

  

How to Filter a Forecasting Report

Before you generate your report using the above steps click the ‘Filter’ button. A single cost centre can be selected to just show the details for that cost centre.

The order of the report can also be changed by selecting in which order to display the cost centres and cost codes. By ID will list the cost centres in the order in which they were set up and the cost codes by their code number.  By Name will list them alphabetically.