Reporting on a forecast
Once you’ve created your forecast in Fathom, you’re then able to integrate it (and any scenarios) into your custom reports and management packs to incorporate future looking data with the actuals flowing through from your source system.
The additional forecasting components include,
Tables & Financial Statements
The tables & financials section of the report editor allows you to:
Financial Trends Tables
The Financial Trends tables in Fathom have been outfitted with additional capabilities for reporting on your main forecast and scenarios. You can add a table showing up to 12 months of actuals, forecast (main or scenarios), or budget data to a report. You can also combine up to 12 months of your actuals and your forecast or your actuals and your budget in a Financial Trends table.
To add forecast or budget values to a financial trends table from within a Fathom report:
❗Note: To add a financial trends table to a report, the section page orientation must be in landscape mode. To change from portrait to landscape mode, hover over the section title and the option will appear on the right.
💡Pro Tip: You can hide accounts or rows with only '0' values in the table editing options. Learn more about this here.
💡Pro Tip: If you check the ‘Allow report viewers to export to Excel’ option in the table’s ‘Properties’ menu, then anyone viewing the report will be able to download the table to Excel.
Several new tables have also been added to Fathom reports specifically for reporting on your forecast, microforecasts, and assumptions you’ve made when building your forecast.
To access these new tables:
Here you can:
Add a ‘This Year’ table or ‘Next Year’ table to your report to show this year’s or next year’s forecast of a specific account from your P&L or Balance Sheet.
Pull in an ‘Assumptions’ table for the financial year that covers the value and timing profile assumptions and any assumptions notes you created within your forecast. You can also show a tax summary.
Insert a table of your ‘Drivers’ grid that contains all your drivers, and the results that you have entered. This is great for auditing the driver based formulas you are using in forecasts, and let report readers know about the non-financial metrics that underpin the forecast values.
Select to import the ‘Balance Sheet layer detail’ which allows you to select a balance sheet account and a financial year and view the opening balance, any movements within the account, and the closing account for each month.
Add a ‘Microforecast table’, which allows you to select a microforecast and view all of the financial impacts of that microforecast for a selected date range. You can select the following date ranges from the drop down.
The report editor allows you to add charts to your reports that:
Scenario Comparison Charts
The scenario comparison charts allow you to easily compare one metric across as many as 6 scenarios.
To add a scenario comparison chart to your report:
Trend Projection Charts
In addition to the scenario comparison trend charts, some of the existing Trend Charts in Fathom reporting have been given new capabilities for forecast reporting.
Once you have added a trend chart from the ‘Charts’ section of the content library, you can edit the chart to display a projection of your forecast or one of your scenarios. To add a forecast projection to a trend chart:
Business Roadmap Chart
From the 'Forecasting' charts section, you can also select to include your Business Roadmap in your reports. You can select the roadmap for your main forecast or for your scenario views. To add a Business Roadmap chart to your report:
Once added you can hover over the chart and click the green ‘Pencil’ icon in the upper right corner of the chart to open the ‘Properties’ menu. From this menu, you can filter the chart to view only one of your categories on the Business roadmap and select the date range to view.
There are two additional options which allows you to highlight the current period with a light gray, and show the primary quick metric set up in your forecast.
❗Note: To change the primary metric displaying on the Business Roadmap, you’ll need to edit your Quick Metrics bar in the ‘Forecast’ section of Fathom.
❗Note: To change the colors of the microforecast bars in the Business Roadmap chart, you’ll need to edit the microforecast categories in the ‘Forecast’ section of Fathom.
Predefined Report Template
If you prefer to build from or use a Predefined Template for your reporting needs, there is the 'Forecast Analysis' template.
To access this template:
The 'Forecast Analysis' report includes the following reporting components:
A ‘Cash Flow Analysis’ section with forecasted 'Cash Flow', 'Cash v Receivables', and 'Profit v Cash Flow' charts
Trend projection charts displaying 'Revenue v Expenses', 'Fixed v Variable Expenses', and 'Cash on Hand' trends for the forecast
A rolling 12 month forecast P&L
Actuals and forecast financial statements for the current financial year, including the Profit & Loss, Balance Sheet, and Cash Flow Statement