Course Description

With nearly 4 hours of videos and 12 quizzes, the self-paced training course, instructed by Geof Nightingale, the director of Forecast 5 and Chartered Accountant, will give you complete understanding of using Forecast 5, knowledge on all the time-saving features and the ability to check back through anything you have forgotten. 

Course curriculum

  • 1

    Welcome to Forecast 5 Training

    • Course Contents

    • About Forecast 5
  • 2

    Session One: Introduction to Forecast 5

    • Session 1 Contents

    • Login, New/Open Screen and Change SQL Tab

    • Create a New Forecast

    • Screen Explanation

    • Tab Explanation - Home, Reports, Visuals, Utilities and Help

    • Session 1 Quiz
  • 3

    Session Two: Settings

    • Session 2 Contents

    • Details and Currency

    • GST Rates

    • Profiles

    • Payroll

    • Contract Retentions

    • Forecast Other Options

    • Preferences

    • Parameter Defaults

    • UK Specific Settings

    • Session 2 Quiz
  • 4

    Session Three: Forecast Records

    • Session 3 Contents

    • Basic Forecast Records - P&L, GST, Trade Creditors, Trade Debtors, Capital, Retained Earnings & PAYE

    • Dividends

    • Income Tax Provision

    • Bad Debts

    • General Provision

    • Obsolete Stock

    • Session 3 Quiz
  • 5

    Session Four: Sections, Folders and Departments

    • Session 4 Contents

    • Sections

    • Folders

    • Departments

    • Session 4 Quiz
  • 6

    Session Five: Records Types & Methods

    • Session 5 Contents

    • Record Screen Explanation

    • Sales Record Types

    • Accruals and Prepaid Record Type

    • Cost Record Types

    • Fixed Asset Record Types

    • Loan Record Types

    • Other Income Record Types

    • Other Assets / Liabilities Record Types

    • Capital Account Record Types

    • Bank Account Record Types

    • Record Entry Methods

    • Data Entry Tip - Copy / Paste from Excel

    • Session 5 Quiz
  • 7

    Session Six: Advanced Record Types

    • Session 6 Contents

    • Using Stock Record Type

    • Using Stock on Hand / Stock Made Record Type

    • Using Wages Record Types

    • Fixed Asset Revaluations

    • Using Factoring and Financing

    • Using Foreign Currency

    • Using Journals

    • Using Memo Records

    • Assumption Records

    • Session 6 Quiz
  • 8

    Session Seven: Opening Balances

    • Session 7 Contents

    • Deferred Opening Balances

    • Opening Balances Preparation

    • Entering Opening Balances

    • Importing Opening Balances

    • Session 7 Quiz
  • 9

    Session Eight: Reporting

    • Session 8 Contents

    • Forecast Snapshot & Section Summary

    • Standard Reports & Schedules

    • Visual Reports

    • One Touch Reporting

    • Session 8 Quiz
  • 10

    Session Nine: What If, Extent & Amend

    • Session Nine Contents

    • Using What If

    • Reading What If Reports

    • What If Tip

    • Extending Forecast Length

    • Amending Multi-Year Data

    • Multi-Year Reporting

    • Session 9 Quiz
  • 11

    Session Ten: Actuals

    • Session 10 Contents

    • Introduction to Actuals

    • Entering Actuals Manually

    • Importing Actuals

    • Rolling Forecasts

    • Entering Actuals Moving Forward

    • Variance Reports

    • Reset To No Actuals

    • Session 10 Quiz
  • 12

    Session Eleven: Consolidations

    • Session 11 Contents

    • Consolidations Introduction

    • Creating A Consolidation

    • Eliminations

    • Making Changes In Consolidations

    • Creating Templates

    • Session 11 Quiz
  • 13

    Session Twelve: Add-Ons

    • Session 12 Contents

    • Admin Pack

    • Contract Retentions

    • Integration Introduction

    • Sage 50 Accounts Integration Connection

    • Xero Integration Connection + Tracking Categories

    • MYOB Exo Integration Connection

    • MYOB AccountRight Integration Connection

    • Sage 300 Integration Connection

    • SAP Business One Integration Connection and Mapping

    • Sage 200 Integration

    • Fixed Asset Accumulated Depreciation Import

    • Importing Integration Data

    • Importing Integration Opening Balances

    • Amend Integration Data

    • Session 12 Quiz

    • Importing Integration Actuals
  • 14

    Session 13: Daily Cashflow

    • Using Daily Cashlow