Blog categorized as Info

Consolidations 6: Forecast 5 Handling of Minority and Associate Interests and Goodwill

In the 6th & last in our series, discover how Forecast 5 handles minority and associate interests, as well as goodwill, in group consolidated forecasts. Understand the nuances of these elements and ensure accurate financial reporting across your group.

23.04.25 11:04 PM - Comment(s)

Consolidations 5: Allocation of Group Admin Amongst Subsidiaries

By Caroline

In the 5th article of our series, learn how Forecast 5 helps allocate group overheads to subsidiaries efficiently, ensuring fair cost distribution. Simplify the allocation process and make sure your consolidated forecasts reflect the true cost of each subsidiary.

09.04.25 08:03 AM - Comment(s)

Consolidations 4: Actual results in Group Consolidated Forecasts

By Caroline

In the 4th article of our series, see how Forecast 5 integrates actual results into your group consolidated forecasts. With features like variance analysis and rolling forecasts, you can make informed decisions and adjust to changing conditions in real-time.

02.04.25 08:17 AM - Comment(s)

Consolidations 3: Consolidation with multiple currencies

By Caroline

In the 3rd article of our series, learn how Forecast 5 helps you manage group consolidated forecasts across multiple currencies. We simplify currency conversions, ensuring your group’s financial reporting is accurate and straightforward, no matter the global footprint.

17.03.25 09:15 PM - Comment(s)

Consolidations 2: Intercompany profits & losses and loans

By Caroline

In the 2nd article of our series, dive into how Forecast 5 seamlessly handles intercompany profits, losses, and loans. Explore how our tool ensures the proper elimination of intercompany transactions, providing you with a clear, accurate consolidated forecast.

11.03.25 12:15 AM - Comment(s)

Consolidations 1: Forecasts made easy with all the bells!

By Caroline

In the 1st article of our series, discover how Forecast 5 simplifies consolidation forecasts, making complex processes like currency conversions and intercompany eliminations effortless. Learn how our software streamlines your forecasting process and ensures accurate group-level reporting.

05.03.25 11:17 AM - Comment(s)

Avoiding the AI sinkhole

By Caroline

As AI adoption increases, finance teams struggle with rising costs, unpredictable cloud bills, and shadow IT purchases that strain budgets. A recent survey reveals that while IT budgets are set to grow in 2025, many organisations lack the data to track and manage spending effectively.

08.02.25 11:29 PM - Comment(s)

Budgeting for 2025

By Caroline

And with all the changes wrought on the UK economy by “Rachel from Accounts” we have to be very nimble to keep ahead of what we anticipate will be a rapidly moving situation. Most commentators are expecting declining growth – we can only hope we can avoid the spectre of two quarters of zero growth, ...

29.12.24 06:32 AM - Comment(s)

Surviving the School Fees VAT Raid

By Caroline

Independent Schools face a 20% VAT hike in January 2025. See how Forecast 5 can help Bursars plan and make data-driven financial decisions quickly and accurately.

20.09.24 01:18 AM - Comment(s)

Raw Materials, WIP & Finished Goods - controlling the manufacturing process and enjoying the profits!

By Caroline

Efficient budgeting and cost analysis are essential for any business. Discover how Forecast 5's Stock on Hand functionality helps manage work in progress, production costs, and finished goods pricing across various industries.

07.08.24 08:46 PM - Comment(s)

Factoring your debtors? - A guide to how Forecast 5 can help

By Caroline

We take a closer look at Debtor Factoring and how Forecast 5 can help you track the effect in your company.

16.02.24 03:43 AM - Comment(s)

Forecasting the Total Cost of Labour; quickly, transparently and accurately.

By Caroline

With the costs of salaries such a huge proportion of a company's expense, it is great to know just how Forecast 5 can hep control these figures.

05.12.23 05:08 AM - Comment(s)

Are you sure your Budget is correct?

By Caroline

How confident are you that your budget outputs are correct?

14.06.23 08:36 PM - Comment(s)

What we learnt at Accountex 2023

By Stephanie

What we learnt from our time at the London Accountex 2023

29.05.23 10:22 AM - Comment(s)

Forecast 5 at Accountex 2023!

By Stephanie

Need to prepare a consolidated forecast for your group or business entity? Are you sweating, just a bit, at the thought?

29.05.23 10:21 AM - Comment(s)

Measure what matters

By Stephanie

In 1999 a venture capitalist, John Doerr, invested $11.8m for a 12% stake in a startup promoted by two Stanford grad school dropouts which had amazing technology, great entrepreneurial energy, sky high ambitions - but no real business plan.

07.02.23 02:40 PM - Comment(s)

What is budgeting software?

By Stephanie

Are spreadsheets accurate or archaic? What to do when details of 16,000 Covid-positive cases disappear from Test and Trace spreadsheets?

12.12.22 10:40 AM - Comment(s)

Spreadsheets - accurate or archaic?

By Stephanie

Are spreadsheets accurate or archaic? What to do when details of 16,000 Covid-positive cases disappear from Test and Trace spreadsheets?

04.08.21 11:35 AM - Comment(s)

Looking for a Sage WinForecast Alternative?

By Stephanie

The popular and successful Sage Winforecast is a flexible forecasting software that has been ‘End of Life’ by Sage since 1998.

Since then there has been no development, the product became obsolete in 2013 and support for those businesses still using the product finally ceased in 2014. With the ...

25.05.21 04:39 PM - Comment(s)

Why We Have Two Versions (Standard and UK) of Forecast 5?

By Stephanie

Explanation on why we have two versions of Forecast 5.

06.05.21 04:10 PM - Comment(s)

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Blog categorized as Info

Consolidations 6: Forecast 5 Handling of Minority and Associate Interests and Goodwill

Consolidations 5: Allocation of Group Admin Amongst Subsidiaries

Consolidations 4: Actual results in Group Consolidated Forecasts

Consolidations 3: Consolidation with multiple currencies

Consolidations 2: Intercompany profits & losses and loans

Consolidations 1: Forecasts made easy with all the bells!

Avoiding the AI sinkhole

Budgeting for 2025

Surviving the School Fees VAT Raid

Raw Materials, WIP & Finished Goods - controlling the manufacturing process and enjoying the profits!

Factoring your debtors? - A guide to how Forecast 5 can help

Forecasting the Total Cost of Labour; quickly, transparently and accurately.

Are you sure your Budget is correct?

What we learnt at Accountex 2023

Forecast 5 at Accountex 2023!

Measure what matters

What is budgeting software?

Spreadsheets - accurate or archaic?

Looking for a Sage WinForecast Alternative?

Why We Have Two Versions (Standard and UK) of Forecast 5?

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