Delete Conditional Fields into the 12 Month Sales Forecast and eSign it in minutes

Aug 6th, 2022
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How to Delete Conditional Fields into the 12 Month Sales Forecast

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hello everyone and welcome to the data analytics channel today we will solve a very practical business problem we will forecast the sales in a scenario that has both a seasonality and a trend and for this we will use the excel statistical package namely the regression model i recommend before going to more advanced tools like python and r to have a solid foundation in excel statistical package our scenario is very simple we have the sales for three years and in this graph we see that the sales have seasonality but also a trend an upward trend each year so what we have to do is to predict the sales for the next year from january 18 to december 18. for this we will use the regression model with the dummy variables for each month what i want to say is that some things maybe will not be very clear to you in this tutorial please check them online because i dont want to make this tutorial very long so uh for your development in analytics you will need to go online and check for example what

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Forecast types that are available only in API version 52.0 and later can be created, activated, deactivated, and deleted.
The Forecast Category field can only be updated by the Opportunity owner. This means that system administrators also cannot edit the field, however, there is a workaround that can be used.
This field can only be edited by the Opportunity Owner, other users (including System Administrators) are unable to edit this field.
Change Your Forecast Date Range in Collaborative Forecasts Click the Forecasts tab. If youre using Lightning Experience, select the Set Forecast Change dropdown. If youre using Salesforce Classic, click Change in the rollup table. Select a beginning and ending period. Save your changes.
Customize Forecast Categories in Salesforce From Setup, click Object Manager. Click Opportunity Fields Relationships Forecast Category. Click Edit next to the value that you want to edit in the Forecast Category Picklist Values. Enter a different category name in the Label field, then click Save.
In the trend chart menu bar, select Trend, and then Choose Forecasts. In the Choose Forecasts dialog, select and clear forecasts to add and remove them from the chart. To clear all forecast selections, select Trend, and then Remove All in step 1. Click OK to accept the settings.
Configure Forecast Adjustment Settings From Setup, enter Manufacturing in the Quick Find box, and then select Account Forecasting. Define the following: Adjustment Frequency: Select monthly or quarterly. Forecasts can be manually adjusted at this frequency.
Calculate your sales forecast Multiply your average monthly sales rate by the number of months left in the year to calculate your projected sales revenue for the rest of the year. Add your total sales revenue so far to your projected sales revenue for the rest of the year to calculate your annual sales forecast.

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