If the custom setting Create Actual vs Forecast in real time in Revenue Management Settings is not enabled you will need to create your Actual vs Forecast records manually. You may also want to recalculate your Actual vs Forecast records manually if you want to be certain that they reflect the latest revenue recognition transactions and revenue forecast transactions. You must recalculate after discarding transactions if you want your Actual vs. Forecast data to be correct.
To manage your Actual vs. Forecast records manually:
- Click the Revenue Management Actions tab. Using Lightning Experience
- Click Manage Actual vs Forecast.
- On the Manage Actual vs Forecast page, select the action that you want to perform: Recalculate, Update or Delete.
- Choose which records you want to perform the action on: Actuals, Forecasts or Both. The Delete and Recalculate actions can only be performed on both actual and forecast records.
- Select the years that you want to perform the action on. The years shown here are the years in your recognition calendar.
- Click Run Process to proceed. Using Lightning Experience You will be notified by email of the success or failure of the process.
Note that:
- Update Actuals only processes revenue recognition transaction lines that have not already been included in an Actual vs. Forecast record. Actual values on existing Actual vs. Forecast records are updated. If an Actual vs. Forecast record does not already exist, one is created and the actual value is populated.
- Update Forecasts replaces forecast values on existing Actual vs. Forecast records. If an Actual vs. Forecast record does not already exist, one is created and the forecast value is populated.
- Recalculate Both deletes the existing Actual vs. Forecast records, then processes all revenue recognition transactions (regardless of whether or not a transaction line has already been included in an Actual vs. Forecast record) and revenue forecast transactions to create new Actual vs. Forecast records.