Forecast versions

Each forecast version links a business partner, a driver, an organization and an owner. It carries start and end dates, a forecast amount, actual-to-date amount and a basis. The version status separates Pending, Active, Complete and Hold work.

Each version keeps a forecast reference, dated term, partner, driver, organization and owner. Its forecast amount and actual-to-date value support a term review. Pending, Active, Complete and Hold separate recorded states; a hold reason gives Finance Leader a starting point for discussing a paused version.

• Version owner. FP&A Planner keeps the partner, driver, organization and term together.
• Progress check. Compare forecast amount with actual to date on the same version.
• Hold review. Finance Leader reads the recorded hold reason with the owner.

Agree which version reference identifies the decision under review. Choose the correct driver and forecast basis before using the amount in a planning discussion. Ask the owner to record a hold reason when a version cannot be used.

Agree how version references distinguish revisions for the same partner and term. Check that a version points to the intended organization and driver before comparing its amount with actual to date. FP&A Planner records the hold reason when a version needs investigation and keeps the owner attached to the record.

Open an active version for a partner and compare its forecast amount with actual to date. Inspect the remaining balance and percent actual. Mark a version Hold and record a reason when it needs investigation, then have Finance Leader review that reason with its owner.

FP&A Planner opens the active partner version and checks forecast amount, actual to date and remaining balance for its dates. Finance Leader reads a second version marked Hold and asks its owner to explain the reason. The team compares the two by reference and term, then records the owner’s explanation for the held version.

• Active Forecast Versions — Shows dated active versions with forecast and actual amounts.
• Forecast Versions On Hold — Shows held versions beside their reasons and owners.

See the related process for the operating sequence. Use the data model to check references before importing records and roles to agree who can act.