This activity is used to create forecast types which can be used to group
revenue recognition forecasts. The purpose of forecast types is to distinguish
forecasts created for different reasons.
Each forecast type will
be assigned a unique forecast version series which will impose that every forecast
version created for a particular forecast type inherits a version prefix and
version start number as defined on the revenue recognition forecast type.
Forecast types are also used to regulate which forecast type is set as periodic review. Only one forecast of any forecast type which has the Periodic Review selected can be created for a particular cut off accounting period.
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Creates forecast types which will be made available through a List of Values for connection to forecasts for grouping purposes.