);

Do I need to have at least a year’s data before I am able to forecast?

No, Jazoodle needs at least 3 month's data in order to be able to forecast. Jazoodle has 4 forecasting modes:

  • "this-year-partial": For companies that have between 3 months and 11 months of data for the current/latest year, we extrapolate/forecast to year end, to create a base for the current year numbers.
  • "last-year": For companies that have less than 3 months of data for the current/latest year but have previous year history, we take the previous year as the basis for the current year.
  • "this-year-full": For companies that have a full 12 months of data for the current/latest year we take no further action as there is no extrapolation/forecast to be made.
  • "none": For companies that have less than three months of accounting data available, we do not extrapolate/forecast based on this. The figures you see in each page are based on the actual data and no more. Please note that our modelling features are suppressed in this scenario due to lack of data.

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