Using Predict Projections

There are specific functionality rules that are listed below.

• The Projections AI engine requires a minimum of 36 months of historical actuals to generate proper data-driven Projections. However, Planful recommends that there are at least 48 months of historical actual scenario data.
• At the moment, Predict Projections are supported for the LIT, GTSC, and GTEC templates of the GTSC family of templates for the Flow MTD accounts.
• Budget entities of the supported templates should be mapped to G/L Data LC (Or LC=CC) and should not be configured to use Dimension Attributes.
• Predict Projections will work only for the 'L' type lines on the GTSC template. RA lines, H, and C type lines are not supported.
• If the line has any spread method or any other formula applied to it, you will get a pop-up message to confirm if you want to go ahead with projections that would overwrite the formula cells.
• You can select a maximum of 50 lines at a time to generate Predict Projections through the Fill Selected Lines option and only one line through the Adjust Projections option.
• You must Save the template after generating projections for the projected numbers to be saved. If you refresh the page or close the page without saving the template, projections will be lost and you will have to generate the projections again.
• Projections always apply to the Open periods. Closed/locked Periods remain unaffected.
• In the event that you have multiple history lines mapped to a single posting line, the system would consider the historical actuals of all the mapped lines and aggregate them to get projections for the posting line. Essentially, when the projection happens for the posting line, it takes into account all the aggregated actuals of the mapped lines.
• Currently, the system assumes that there are not multiple postings from the same line via different methods or templates.