Updating Model for Actuals
Fund Forecasting automatically generates two forecasts for your model:
Construction Forecast: The fund's original plan before any investments
Current Forecast: The fund's latest forecast after taking into account actual investments
By default, the Current Forecast is already updated with actual investments you have defined. However, you can also update other forecasted metrics from your model such as:
Committed Capital
Capital Calls
Management Fee
Expenses
Management Fee recycled
Exit Proceeds recycled
Distributions to LP's and GP's
How to update the Fund Forecasting model for actuals?
Go to Model View from the left sidebar
Click on Period
Ensure you are viewing the Current Forecast - and that you are on the Monthly View
Click on Edit Actuals
All cells shown in blue can now be updated for actuals. Enter the new actual figure in the editable text field.
Click on *Save Edits- when complete
All resulting charts and reports throughout the app that refer to actuals will now automatically be updated.