Get Started with Fathom Forecasting

You can create a 3-way forecast of up to 3 years of monthly data in Fathom, including multiple scenarios and microforecasts. To create and customize your forecast, follow the steps below:

1: Creating a Fathom Forecast - getting started

• Find out which Fathom forecasting method is best for you

• Starting with last years actuals

• Starting with a budget or an existing forecast

• Creating a custom forecast

• Review your forecast tax methodology and general settings

2: Setting rules in the main grid - polishing your model

• Fathom Forecasting main grid functionality

• Setting up value rules

• Using a formula or drivers to set a value

• Setting up timing profiles

• Setting key metrics in the Quick Metrics bar

3: Business Planning - plan, schedule, action

• Using a Microforecast to model business events (e.g. model an Asset Purchase)

• How to build scenarios with your microforecasts

• Analyse the financial impact of key events with the business roadmap

4: Reporting on your forecast

• Excel export

• Additional reporting components for your Forecast

Check out these other areas of interest:

• Updating the start date of a forecast

• Audit trail in Fathom

• Using Journals and Schedules in Fathom

• Viewing Actuals in the Fathom Forecast Grid

• Future Accounts

• Balance Sheet account movement audit schedule

• Forecasting in a consolidated group

Need additional training? - Check out our video guide for accountants or our video guide for SMBs.