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Replace Name Field from the 12 Month Sales Forecast

Replace Name Field from the 12 Month Sales Forecast

Aug 6th, 2022

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How to Replace Name Field from the 12 Month Sales Forecast

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In this guide, you will learn how to change forecast category names in Salesforce Lightning. First, click on the gear icon and select Setup, which opens in a new tab. Next, click on Object Manager and select Opportunity. Then, go to Fields and Relationships, find Forecast Category, and click Edit next to the value you want to change in the forecast category picklist. Enter a new category name in the label field and click Save. The forecast category name is now changed. Thank you for following the guide.

Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

How do you do a 12 month sales forecast?

How to create a sales forecast List out the goods and services you sell. Estimate how much of each you expect to sell. Define the unit price or dollar value of each good or service sold. Multiply the number sold by the price. Determine how much it will cost to produce and sell each good or service.

What is another word for predict forecast?

Some common synonyms of predict are forecast, foretell, prognosticate, and prophesy.

Is sales projection and sales forecast same?

Many businesses use forecasts and projections interchangeably, however, these two financial estimates are different. While a projection focuses on a desired outcome, a forecast focuses on most likely outcomes.

What is another word for sales forecast?

Some common synonyms of forecast are foretell, predict, prognosticate, and prophesy.

How do you forecast sales year over year?

The simplest formula to use is: sales forecast = the previous periods sales + estimated growth (or shrinkage) in sales for the next period.

What is a 12 month business forecast?

A 12-month cash flow forecast shows a company its expected liquidity situation, i.e. how high its income and expenses will be in the next 12 months. This corresponds to long-term liquidity planning and is an important planning tool for start-ups as well as for companies already firmly established in the market.

What is another name for sales forecast?

Sales projections and sales forecasts are often used interchangeably, but there is a subtle difference between the two terms. A sales projection estimates future sales based on past performance and current trends.

How many types of sales forecasts are there?

There are two types of sales forecasting: (i) Short term forecasting. (ii) Long term forecasting.

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