Hello,
I used the following formula to calendarize :CY sales = (Month #)(Actual Fiscal Year Sales)/12 + (12 - Month #)(Estimated Fiscal Year Sales)/12)
But I dont understand the formula, could someone explain to me the logic behind it ?
thanks a lot !!!!
:)
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It's a simple weighted average. For example, if you measure at month 8 then you are weighting actual at 8/12 and estimated at 4/12.
thanks :) why estimated and not actual?
Because the estimated sales haven't occurred yet...so the sales are estimated...
okay thanks a lot !! But, i dont understand why we take Month/12 .... I am sorry i know there is a strong and obvious logic behind it but still...
thanks :) why estimated and not actual?
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