Financial Forecasting
Financial forecasting done properly, the FDPack way.
The unique FDPack forecasting methodology works with a high level of detail and double entry discipline to ensure we do the job “properly”. Detailed, accurate and integrated.
What do we mean by
“financial forecasts done properly”?
Actual accounting statements are prepared with the discipline imposed by the double entry debit and credit system which means that, for example, you can’t record a sale into the P&L account (a credit) without also recognising that there is also a debit side to the transaction being either an invoice issued to a debtor or a cash receipt.
Profit & Loss
Cashflow
Balance Sheet
Thank you for helping us to get our figures together. I can now sleep better at night.
William Moore, CEO of AirBox Systems
How we Forecast
When it comes to forecasting anyone can create a profit & loss on a spreadsheet by simply listing revenue and expenses, but a P&L on its own will only tell part of the story.
For example, will the business have the finance it requires to deliver the predicted level of activity and what does the balance sheet look like at the beginning and end of the forecast period?
Financial modelling and rolling forecasts
The unique FDPack forecasting methodology works with a high level of detail and double entry discipline to ensure we do the job “properly”. Our model is built with the following structure:
Drill down into the detail
Having separated the forecast into different transaction types and attached the appropriate accounting codes, our FDPack software is then able to create all the double entry transactions that describe the forecast or budget.
This creates a single database containing, actual, forecast and budget transactions all in the same double entry format, meaning that they can be easily analysed and presented in whatever combination is required.
If you drill down into any line of the forecast, you will see transaction level detail and not just a single figure, which is the assumed opening/closing balance movement used by some short cut forecasting methods.
Save Time with Smart Reporting
Like all jobs that are done properly, our FDPack methodology is initially more demanding and time consuming but has significant long-term benefits for the accuracy and reliability of the forecasts and budgets.
Applying these disciplines to forecasting and budgeting ensures that the three financial statements are integrated and reassures stakeholders that the business really understands the mechanics of its finances and its cash flow.
“The FDPack modelling technique is like renovating a classic car. At one point the parts are all over the garage floor but, by the time you have cleaned them up and put them back together again, you have an intimate knowledge of how the car works. Like any classic car it also needs continual attention to keep it running smoothly”
Simon Phippen, FDPack Consultant.
Blogs
Useful content to simplify and demystify a range of financial subjects
Make the most of 2026: How Budgets, Plans and Forecasts shape smarter decisions
Discover how budgets, plans and forecasts work together to give your business real financial clarity. A quick guide to making smarter, forward-looking decisions in the year ahead.
Are your numbers telling you what really matters?
Running a business without the right financial management information is like driving through fog – you’re moving but can’t clear see what’s ahead. Discover how FDPack gives you clarity to make better, faster decisions and manage your business more effectively.
The key financial information any investor will expect to see
In this blog, you’ll get an overview of the key financial information every investor expects to see – from historical data and forecasts, to revenue models and valuations – and learn how to prepare credible numbers that build trust and win funding.
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