What is the 'Link to Budget' onboarding option?
If you would like to build your forecast from a budget or an existing forecast, then you can use the 'Link to Budget' option when setting up your Fathom forecast.
💡Pro Tip: When you first enter Fathom forecasting, there are three onboarding options (Custom Forecast, Quick Start, and Link to Budget). Learn more in the 'Creating a Forecast in Fathom' article.
The 'Link to Budget' forecast will bring data into your forecast from the budget you have imported into Fathom. If you have an existing forecast you want to use, then you can load that forecast into Fathom as your company budget from your source accounting system or Excel.
❗Notice: The 'Link to Budget' onboarding specifically links your imported P&L budget to your forecast. Your forecast Balance Sheet and any Balance Sheet derived P&L accounts (e.g. interest, depreciation, amortisation) will not be linked to your imported budget. Instead, those values will be determined by the timing profiles, journals, and schedules you set up in the entity's forecast.
To set up a 'Link to Budget' forecast,
Once you've selected 'Create Forecast', you'll be taken to the forecasting main grid.
💡Pro Tip: Any decisions you make during onboarding can be changed once you are in your forecast.
Congratulations on completing the 'Link to Budget' onboarding! You should now be in the main grid of your forecast. Continue the 'Forecast Creation & Setup Workflow' by choosing from one of the following steps below:
What you want to do:
Where to go next:
Navigate the main forecasting grid
Tailor and customise your forecast with value rules
Additional knowledge & common questions