4 Primary Modules
7. Cash Forecasting Reporting and Modeling
The GTreasury Cash Forecasting module is designed to assist the operator in forecasting cash flows by calculating cash receipts and disbursements based on historical trends. This functionality is in addition to the Estimated/Forecast module generally included in the Base system core module.
This module operates at the summary level by performing calculations to determine historical trends from which to derive future forecast records. The system calculates forecast items based on account, user code (transaction type), and date range. The module is flexible in establishing both Historical Period and Forecast Horizon:
- Historical Period. Base periods can be selected from either Actual or Estimated. Various formulas can be applied to determine the averages. Special handling options are selected for holidays or seasonal anomalies for creation of the historical base.
- Forecast Horizon. General formulas for converting base period receipts and disbursements to future forecast period receipts and disbursements. Special handling options are available for holidays or seasonal anomalies for creation of the historical base.
Once created, forecast records are treated as Estimates and can be matched to Actuals received from the bank. This module can be used to forecast those items that are best suited for statistical analysis and can be operated together with the other forecasting methods.
