Create Project Cash Forecast Line

Explanation

This activity is used to create project cash forecast lines for Cash Out and Cash In. Cash forecast lines contain the expected total cash outflow and inflow for a project and currency, optionally broken down by sub project, activity and cost/revenue elements.

If Project Setup Parameters is defined with Cash Forecasting in Multi Currency set to on, the currency needs to be defined when creating a new cash forecast line. If Cash Forecasting in Multi Currency is off, the currency on each forecast line will default to the accounting currency of the company and not be editable.

If the Start Date and End Date are not specified, the system will fetch them from the Project Scope and Schedule based on start and end dates of the Project, Sub Project and Activity of the forecast line.   

Prerequisites

A project cash forecast in Preliminary status.

System Effects

A cash forecast line is created.