Time is an important resource that every enterprise treasures and attempts to transform into a gain. When choosing document management application, pay attention to a clutterless and user-friendly interface that empowers users. DocHub provides cutting-edge tools to maximize your document management and transforms your PDF editing into a matter of one click. Insert Calculated Field from the 12 Month Sales Forecast with DocHub to save a ton of time and improve your efficiency.
Make PDF editing an simple and easy intuitive process that helps save you a lot of precious time. Effortlessly adjust your files and send them for signing without switching to third-party software. Give attention to relevant tasks and increase your document management with DocHub starting today.
If your profession is in finance or youre planning to work as a financial analyst, then creating forecasts and budget is a constant exercise. Now, usually, this involves some form of predicting a future value based on existing historical values. So, it could be sales, manufacturing quantities, or other KPIs and trends. In todays video, Im going to show you a great feature in Excel that can help you create these forecasts with just a few clicks. Ill be calculating a quick sales forecast for Home Depot. Sound good? Then lets get doing. Heres my data set. Its Home Depots quarterly sales from 2012 to 2021. They have a fiscal year that ends on January 31st. I added the quarter numbers in column A just to make it easier for us. Now, our task is to create a sales forecast for the upcoming quarters. When you get a data set like this, its a good idea to quickly plot this on a line chart just to get a better overview. So, lets highlight the date and the sale