Time is a vital resource that each enterprise treasures and tries to transform in a advantage. In choosing document management software program, take note of a clutterless and user-friendly interface that empowers consumers. DocHub gives cutting-edge features to improve your document administration and transforms your PDF file editing into a matter of one click. Replace Calculations in the 12 Month Sales Forecast with DocHub in order to save a ton of efforts and enhance your productivity.
Make PDF file editing an simple and easy intuitive operation that saves you plenty of valuable time. Effortlessly adjust your documents and deliver them for signing without the need of adopting third-party options. Give attention to relevant tasks and boost your document administration with DocHub 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