The tutorials in this section will review how to update the Compass forecast, edit assumptions and finalizing year end procedures
Account Projections Overview (9:14)
Learn how this screen allows you to model the growth, pricing, income and expense of the Balance Sheet and Income Statement.
Forecasting Overview (13:42)
Forecasting: Applying Manual Edits and Growth Models to the Balance Sheet
Forecast Editing Tools (11:49)
The Quick Edit feature provides great power with several shortcut and calculation aides
Forecasting Webinar (57:32)
This 57-minute webinar reviews the different types of growth models, how to forecast using these growth models, and methods for forecasting non-interest income and non-interest expense.
Rounding Out Your Assumptions Webinar (1:05:49)
View this 65-minute webinar to learn how Optionality is addressed in Compass through the Put/Call Feature and Prepayment Modeling. Understand the application of Decay and Alternate Discount Rates on Non-maturing Deposits (NMD). Review the input and functionality of Taxes and Dividends within the model.
Building Your Annual Budget Webinar (26:57)
This 27-minute webinar reviews best practice techniques for creating your annual budget and locking your budget for the new year.
Suspend Auto Reforecasting During Budget Approval (10:37)
Learn how to suspend auto
Locking the Budget (6:23)
Learn how to use the Lock Budget feature to transfer the projections into the Budget Tab.
Year-End Shift (8:21)
This tutorial reviews the process referred to as shifting the databasewhich is necessary to accommodate projected data for a new 12-month period by moving the prior year’s actual data and storing it as history.
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