The Projection tab in Finance lets you build a simple forecast of the revenue you expect in a month and compare it against what actually came in. This article shows how to set up a projection board and add items to it.
Where do I find revenue projections in Stackably?
To find revenue projections, click Finance in the left sidebar, then click the Projection tab at the top of the page (the last tab in the row, after Profit & Loss). The Projection tab opens on the Projection Boards screen.
How do I choose the month my projection covers?
To choose the month your projection covers, use the month and year drop-downs at the top-right of the Projection Boards screen. The board always shows two running totals near the top: Projected (what you expect to earn) and Actual (what has actually been recorded so far) for the month you selected.
How do I add a stage to my projection board?
To add a stage to your projection board, click Add New Stage on the Projection Boards screen. A stage is a column on the board — for example one column per revenue source or per week. Each new stage shows its own Projected and Actual totals in its header. To rename or remove a stage, click the three-dot menu in the stage's header and choose Details to edit it or Delete to remove it. When it worked, the new stage appears as a column on the board.
How do I add an item to a stage?
To add an item to a stage, click Add Card at the bottom of that stage. An Add a Card window opens and asks you to pick a card type — the kind of thing you are projecting. The choices are:
Event — project the revenue from a scheduled event.
Recurring — project income from a recurring charge, such as a membership.
Shop — project revenue from your shop.
Pipeline — project revenue tied to a sales pipeline.
Choose the type that matches what you are forecasting, then confirm with Ok. When it worked, the card appears in the stage and its projected value is added into the stage's Projected total and the board's overall Projected total at the top.
How do I check my forecast against reality?
To check your forecast against reality, compare the Projected and Actual totals at the top of the Projection Boards screen for the selected month. Projected is the sum of the cards you added; Actual reflects the matching income that has actually been recorded. The gap between the two tells you how far ahead of or behind your plan you are.