Copy From Project Forecast

Explanation

This activity is used to copy forecast lines and spread amounts from a project budget/forecast version into a new project cash forecast.

The New Project Cash Forecast assistant is used to create a new cash forecast, and there is an option to copy from an existing project forecast version.

The forecast lines with details (sub project, activity, cost/revenue element and dates) will be copied over to the new cash forecast. The EAC value from the project forecast lines will be copied to the Total Amount column on the new cash forecast lines.

Depending on a setting on the project forecast type, the period spread values will be copied over to the new cash forecast if Copy Cost/Revenue spread is set to true. When copying from a project forecast to a cash forecast, the cash forecast spread period is determined by the Cash Spread Offset Periods Override defined in the PCE Code Part tab in the Project Setup Parameters page or the Cash Spread Offset Periods defined in the Define Cost/Revenue Element Settings page.

• If the project is set up to use multi-currency budgeting and forecasting and multi-currency cash forecasting, EAC in Transaction Currency will be copied to the Total Amount along with the currency from the project forecast line. The spread amounts will also be copied in Transaction Currency.
• If the project is set up to use multi-currency budgeting and forecasting but single currency cash forecasting, EAC in Base Curr BF Rate will be copied and the currency set to the accounting currency of the company. The spread amounts will also be copied in Base Curr BF Rate.
• If the project is set up for single currency budgeting and forecasting, EAC and spread amounts (in base currency) will be copied, independent of the multi-currency setting for cash forecasting.

 Project forecast lines with a CBS node instead of a cost/revenue element will not be copied.

Prerequisites

•  A cash forecast type must be created.
• A project budget/forecast with lines with cost/revenue elements.

System Effects

 Forecast lines and spread amounts from the selected budget/forecast to copy from are inserted into the destination cash forecast.

Pages

New Project Cash Forecast
Project Cash Forecast

Activity Diagrams

Create Project Cash Forecast