Create an Assumption (video)

To create an assumption, you should have already imported your actuals and created a forecast. If you would like to use out bottom-up forecasting method, you should also upload your business data.

You can choose if you would like the assumption to affect the income statement or balance sheet. Select the line item that you would like the assumption to apply to. 

Select if you would like to use your business data and the bottom-up forecasting method, or do not use any business data and select the top-down forecasting method. 

Bottom-up: select the line item from our business data that you would like to apply to the forecast. To use the information from your business data select ‘apply line item’. You can also apply a basic formula to the line item if you wish. Select ‘create’ and review your assumption.

Top-down:  When asked if you would like to use business data, select ‘no’.  You can now choose how you would like to affect the selected line item.  Select ‘create’ and review your assumption.

The updated item is now available in your forecast. You can see it is also shaded in blue to help you recognise which items have been adjusted.