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Forecasting using inflation rates

Former Member
0 Kudos
695

Hi

I have a requirement to generate the forecast by applying inflation rates. Planning will be done on rolling 24 months and then these should be projected to long terms plan (5 year rolling) based on inflation rates.

My initial thought is using script logic copy the 24 months forecast to remaining 36 months and then multiply with the inflation rates. But this calculation is not very straight forward, because rate should be applied to value in previous periods.

For example

Can you please share your thoughts ?

Version is

BPC 10.1 Standard

Thank you very much.

Sincerely,

Ram

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akos_beres
Contributor
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Ram,

If the Inflation rate that one would like to apply is a single annual rate, the only option is script logic similar to what Vadim suggested with a few tweaks.If the inflation rates are monthly, it would be possible to use Account based business rules or script logic.

Akos

former_member186338
Active Contributor
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If not monthly - the script has to be slightly adjusted. Account based calculation rule will not help to my mind.