Use the Forecasting dashboard to track revisions across properties in your portfolio and evaluate how budget amounts for the selected year compare with amounts for the previous year.

To use the Forecasting dashboard

  1. From the top menu, select Dashboards > Forecasting.
  2. Complete the filter.

    Filter

    Description

    Budget Comparison

    Determines if the previous year amounts on the dashboard are budget or pro forma amounts.

    Budget Status

    Limits revisions to those that have the selected statuses.

    Section

    Limits revisions to those that contain the selected sections.
  3. Click Search.
  4. To show tiles, turn on the Tiles switch.
  5. To sort the grid by a different value, select the value in the Sort by field. To switch between ascending and descending orders, click the up or down arrow next to the field.

Forecasting dashboard reference

Tiles

Title

Description

Config Status

Properties with budget configurations, broken down by status:

 Not Started  No budget configuration added for property.

 Open  Budget configuration available to edit.

 Locked  Budget configuration locked from editing.

Budget Status

Properties with revisions, broken down by status:

 Not Started  No revision added for property.

 In Progress  Revision added for property.

 For Approval  Revision submitted for approval.

 Approved  Revision approved.

 Posting/Completed  Revision posted to general ledger, Yardi Budget & Forecasting, or Yardi Advanced Budget & Forecasting.

Revenue vs [Previous Year]

Properties with the following percentage differences between the revenue budget amounts of the selected year and of the previous year:

  •   More than 3% increase from previous year
  •   Between 0% and 3% increase from previous year
  •   Any decrease from previous year

Expense vs [Previous Year]

Properties with the following percentage differences between the expense budget amounts of the selected year and of the previous year:

  •   Any decrease from previous year
  •   Between 0% and 3% increase from previous year
  •   More than 3% increase from previous year

Grid

Column

Description

Revision

Name of the most recent revision.

Config Status

Status of the most recent budget configuration.

Budget Status

Status of the most recent revision.

Timeline

Dates when the status changed for the most recent revision.

Revenue

Revenue budget amount, total and per unit.

Revenue Diff vs. [Previous Year]

Percentage difference between the revenue budget amounts of the selected year and of the previous year.

Expense

Expense budget amount, total and per unit.

Expense Diff vs. [Previous Year]

Percentage difference between the expense budget amounts of the selected year and of the previous year.

Net Income

Difference between expense and revenue budget amounts, total and per unit.

Revenue – Expense

Net Income Diff vs. [Previous Year]

Percentage difference between the net income budget amounts of the selected year and of the previous year.