FAQ: How can I create a consolidated forecast in Fathom?
Currently, you can create a forecast at the individual company level or at the overall group level. You can consolidate the individual forecasts of each subsidiary company to into the consolidated group forecast using the 'Save Forecast as Budget' feature.
To have a consolidated forecast, you must create the forecast at the group level.
You will have full functionality at the individual and group level, and are able to set value rules, timing profiles and all other settings options on the consolidated Chart of Accounts. The Chart of Accounts will display according to how it is set up in the group’s Settings ‘Step 3 - Chart of Accounts’. To learn more about Fathom consolidations, please reference the following collection.
You can then generate microforecasts and scenarios based on the consolidated group forecast numbers. For information on creating and building a forecast in Fathom (at the group and individual level), please see the following link.
FAQ: Can I consolidate forecasts?
Yes. You can create forecasts at each of the subsidiary entities, then save these forecasts as your budgets. The budgets of the underlying companies will roll-up into the consolidated group's budget. Now your consolidated budget will be the sum of all underlying subsidiary budgets (i.e. Forecasts). You can then link your consolidated forecast to the group's budget.
FAQ: Which Forecasting specific reporting components can I add to a consolidated management report?
Consolidated group reports will have the same forecasting report functionalities as single companies. Detailed information regarding the reporting components dedicated for forecasting can be found in this article.