These reports provide information for forecasting cash-flows into the future. These are not actual numbers only predictions and extrapolations based on the initial loan calculations. You are able to select any future date range to see the expected revenue, interest & principal of payments to be made. You are also able to see in graph format the daily & monthly revenue & interest expected to come due.
To access the “Forecast Reports” access the Reports > Forecast Reports.
Once you have accessed the Forecast Reports tab, you will have three report options you can select from: Expected Revenue, Due Date Calendar, and Scheduled Payments.
- Expected Revenue
- This report shows the estimated revenue of account cash flows for your search parameters. This report allows you to enter a specific date range, and will return a breakdown of expected revenue over that time frame. The graph below will provide a month-to-month breakdown of potential revenue in all different categories that payments can be applied to
- Due Date Calendar
- This reports allows the user to select a date range, it will then show the forecast for payments of Active accounts that are due between those dates. AutoPal provides a summary of the revenue, principal, & interest that will be due during that date range. You cannot select dates prior to today’s date for searching, as those dates have already passed. Notice that there is not a forecast value for any fees, because fees are not amortized, this report is simply the summation of the amortized, scheduled payments during the selected date range
- Scheduled Payments
- The “Scheduled Payments” report is similar in design and function to the “Due-Date Calendar”. This report gives you the ability to pull payments (both historical and forecast) based solely on the scheduled payments on the loan as displayed in the transactions tab. These payments will give you a reflection of the original payment schedule only, and will not be based on the actual amortization of the account