This feature is included with Fathom Pro - the plan with access to all of Fathom's features. Companies on Portfolio can be upgraded to Fathom Pro at any time.

Use assumptions to add commentary to your forecast decisions

As you make decisions in your forecast, you can add commentary to explain your reasoning.

These forecast assumptions allow you to document and explain the most critical decisions you have made when generating your forecast and help to generate buy-in for the resulting numbers.

Across your main forecast, scenarios, or microforecasts, you can note decisions for:

You can also include these notes or forecast assumptions in a Fathom report.

Create an assumption

To add a note or assumption for a value rule or timing profile:

Click on the specific account, heading, or classification, the value rule or timing profile impacts.
In the properties menu that opens to the right, select the Three dots icon to the right of the value rule or timing profile.

❗Note: If you have microforecasts impacting the account, heading, or classification, then you’ll need to select the ‘Baseline’ before you can add or edit the value rule or timing profile.
Choose to edit the rule or add a new rule.
Scroll down to the text box where you can type in your assumption note.
If you want to include this note in a report, check the option to Include in Assumptions report that appears just underneath the note text box.

To add a note or assumption to a driver:

If you’re calculating a driver with a ‘Constant/Growing’ or ‘Formula’ rule, then you can add an assumptions note when you create the value rule to calculate the driver by selecting the green + button in the ‘Notes’ section of the value rule menu.
If you’ve input a direct entry for a driver value, then you can click on the cell for the direct entry in the Drivers Grid. This will open a menu on the right side of your screen.

💡Smart Tip: Driver values imported into Fathom from Excel will display as direct entries in the Drivers Grid. If you want to include an assumption for several consecutive direct entries, then it is recommended to create an assumption note for only one of the direct entries.
Click on the Three dots icon next to where the direct entry is listed in the menu.
From the drop-down menu, select Add note to add an assumptions note or Edit note to edit a previously recorded assumptions note.
Type the note
Check the option to Include in assumptions report if you want to be able to surface the note in a report.
Select the green Apply changes button to save the note.

💡Smart Tip: Any assumptions that do not have the option ‘Include in assumptions’ report checked will not be able to appear in reports and will only be visible to users with editing capabilities in the forecast.

Can I create assumptions notes for scenarios or microforecasts?

In scenarios, your value rules, timing profiles, and drivers can differ from those used in your main forecast. Therefore, you can create assumptions notes that are specific to a scenario.

In a microforecast, your value rules or timing profiles may differ from those used in your baseline. You can create assumptions notes for value rules and timing profiles specific to a microforecast.

Report on forecast assumptions

You have a few options for including assumptions in your report.

You can add an assumptions table from the forecasting tables options, or you can add an entire page of several assumptions-related tables to your report.

Add an Assumptions Table to a report

An Assumptions Table can be filtered to display the assumptions for the main forecast or a scenario. You are also able to filter the table to display:

Profit & Loss assumptions
- Profit & Loss assumptions will detail any value rule, timing profile, and tax rule assumptions you have made in your main forecast or scenario.
Drivers assumptions
- Any driver assumptions made in your main forecast or a scenario.
Assumptions made in a microforecast
- All value rule and timing profile assumptions for a specific microforecast.

Assumptions need to have the ‘Include in assumptions report’ option checked in the forecast for them to appear in the assumptions table.

To add an assumptions table to a report:

Select Tables and Financials on the left sidebar in a Fathom report.
Click on the second bolded word option at the top of the menu that opens.
Choose Forecasting from the drop-down menu.
Select the Assumptions table.
To edit the table, hover over it and select the green Pencil icon that appears in the top right corner of the table.
You can then change the table’s title or filter the assumptions displayed.

Add an Assumptions Page to a report

Alternatively, you can add an Assumptions Page to your report. This will add a section with multiple tables to your report, including:

Assumptions Table: This table will default to display the value rule, timing profile, and tax assumptions made in your main forecast. The table can be edited after being added to the report by hovering over it and selecting the green ‘Pencil’ icon in the top-right corner of the table.
Drivers Table: Displays any drivers or non-financial metrics that you’ve added to the forecast and their values. This table defaults to display all of the drivers in the main forecast. The table can be edited once added to the report.
Adjustments: Any adjustments made in ‘Source Data’ in the company Settings.

To add an Assumptions Page to a report:

Select Page Layouts from the left sidebar of the report editor
Click the bolded word at the top of the menu that opens
Choose Forecasting from the drop-down menu
Choose the desired assumptions page orientation (portrait or landscape)

❗Notice: If an assumption is not documented in the reports, ensure that the option to ‘Include in assumptions report’ has been checked for the assumption.

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