Full list of Features in Forecast 5
Break free from error-prone spreadsheets and manual processes. Forecast 5 combines familiar Excel-like flexibility with enterprise-grade financial modelling - helping growing businesses achieve budgeting clarity without complexity.
Time-Saving Reporting Features
Produce professional, bank approved financial reports within minutes!
Automate P&L statements, balance sheets, and cash flows in one click – saving teams up to 80% of their reporting time.
Let Forecast 5 handle the complicated work. We thoroughly test to ensure the utmost accuracy in your reports.
One Touch Reporting
Forecast 5's innovative One Touch Reporting feature, allows you to design and customise a "Board ready" report pack to include all your budgets, reducing time spent on your budgeting process.
Standard Reports
A full suite of Profit & Loss, Balance Sheet, Cashflow, Funds Flow (Statement of Cashflows in IFRS or FRS102 terms) as well as P&L by department P&L by tracking categories
Read MoreVisuals
EBITDA Visual Graph, Bank Balance, Sales Visual Graph, Net Bank & Bank Movement, Working Capita,l Debtors Days
Read MoreSchedules
Employee Schedule, Loans Made Schedule, Loans Received Schedule, VAT/GST Schedule, Fixed Asset Schedule, Assumptions Report, Statistics and Ratio Report
Report Views
With our report views, your forecast data can be extracted through the database and developed into dashboards, unique reports or informative graphs that mean the most to your business using Power BI, Excel, Alchemex or Velxio.
Section Summary
Get an overview of each section simply by clicking on the section heading. And if you need to make any changes, simply double click the record to drill down!
What If, Rolling & Variance Reports
What If Reports, Variance Reports, Rolling Reports, Original Budget Reports
Report Preview
Get a quick and easy snapshot of your Profit & Loss and Balance Sheet reports from the home tab. With this summary, you can easily see how your figures are looking!
Smart Functionality Features
Discover essential tools for forecasting, budgeting, and financial planning with Forecast 5.
Features designed to streamline decision-making and drive business growth.
Intuitive tools for scenario planning, cash flow management, and dynamic reporting
Contract Retentions
A unique feature specially built for the construction industry, enabling retention of a portion of an invoice until required, depending on the contract.
What-If Scenarios
Be prepared! Know the consequences of any changing business situation by using our What If option, empowering you to make informative decisions quickly and plan wisely.
Actuals Entry
Take your prepared budget and switch on actuals to get a full comparison and analysis of your business expectations. Then, based on Acatuals, reforecast forward for improved monitoring of revenue and cost expectations,
Consolidations + Eliminations
Consolidations allows you to combine departmental budgets together to produce a company budget, and then consolidate company budgets to create a group budget. Generating the financial reports needed not only for individual departments or companies, but for the overall picture is ready with a click of the button! And, for those internal or intercompany transactions, simply elect to eliminate them.
Read MoreExtend and Amend
Extending your budget out to 2, 5 or upto 15 years, and with a 5% or 10% growth for those extended years, is quick and painless with Forecast 5. Preparing for the future has never been easier.
Hotlinking
Connect to a spreadsheet to draw in figures and hit Refresh if the calculations change. Or pull in data from a memo record in another forecast to save you double entry!
Export Forecast Data
The Forecast Data Export allows you to export the data of forecasts from Forecast 5 into a formatted spreadsheet to be imported into an external product such as Spotlight or Fathom. You can export data from multiple forecasts from Forecast 5, actuals or budget figures, to be imported into other software to allow for dashboard reporting or into your ERP system, to save on double entry!
Daily Cashflow
Create and maintain a 90-day rolling bank projection, vital in this fiscal climate, with Daily Cashflow. This detailed and focused attention on the immediate short term cashflow will enable you to understand the needs and financial position of your company!
Read More
Flexible Record Types
Explore a full suite of flexible record types in Forecast 5—from sales and costs to assets, liabilities, and custom memos—designed to enhance financial accuracy and planning precision.
Flexible record types for accurate forecasting, detailed budgeting, and complete financial control
Memo Records
Memo records offer so much flexibility to your budget! They can be used to budget KPI's, to hotlink data from other forecasts or to store non-financial information which can then be used to derive budget figures.
Read MoreSales Records
Income, Separately Invoiced Income, Accrued & Prepaid Income
Other Asset/Liabilities
Other Creditors and Debtors, Current Asset Liability Working Capital and Finance, Long Liability Working Capital and Finance
Cost Records
Costs, Accrued & Prepaid Cost, Separately Invoiced Costs, Separately Invoiced Stock,Stock, Stock Made, Stock On Hand, Net & Gross Wages
Bank Account
Bank Accounts, Journals
Fixed Asset
Fixed Assets, Financed Assets, Other Fixed Asset
Loans
Calculated Made and Taken Loans & Manually Entered Loans
Capital
Reserve & Changes
Financial Software Integrations
We make it so much easier to create budgets with our integrations to financial packages.
Simply connect a new forecast to your chosen integration, select the prior year data to import as a baseline and then extend forward.
Then all you need to do is import your actuals on a monthly basis!.
Integrate seamlessly with accounting software
Xero - SAP B1 - Sage 50 Accounts - Sage 200 - Sage 300 - MYOB AccountRight - MYOB Advanced - MYOB Exo
Using Integrations in just 3 easy steps
Step 1
- Create a forecast and select your integration
- Set the date as your prior financial year
- Connect to your company data