Overview
Projections are used to record where you forecast account values to be over time. If these forecasts include the clients goals then projections can be used as a benchmark to determine whether a client is on track to achieve those goals, by comparing actual account values to the projections.
Adding projections to Beegle entails three steps:
- Projection assumptions
- Beegle allows you to record the assumptions used to prepare the assumptions.
- You are able to enter rich text for the assumptions and/or upload files.
- Adding the assumptions is optional. However, having the assumptions readily available becomes a very useful reference in future.
- Create projection details
- For each projected account, a record needs to be created.
- This record tells Beegle what goals the projection is linked to and how to report it.
- Projection values
- For each projection created in step 2, values can be added