Configuring the Forecast

The parameters used to calculate a Forecast, including the forecast method, can be set in the Forecast view configuration dialog. Since the forecast functionality is implemented as a KMyMoney plugin, you can reach this dialog by invoking the SettingsConfigure KMyMoney... menu item, selecting Plugins on the left pane, and clicking the configure icon next to Forecast view.

forecast configuration
Number of Days to Forecast

The forecast will be calculated up to this far into the future.

Number of Days of Account Cycle

A Forecast is not based on actual months, but repeating periods of the number of days set in this field. The most common values used are 30 or 31.

Day of Month to start Forecast

This sets the day of the current month which is used as the starting point of counting both cycles and the number of days to forecast. A value of 0 means to use the current day.

Forecast Method

As mentioned in the previous section, you can choose whether KMyMoney uses scheduled and future transactions or historical transactions to calculate a Forecast.

History-based settings

The settings in this section of the dialog are only applicable if the Forecast Method is set to History-based

Number of Cycles to use in Forecast

This sets the number of cycles of historic data to use for predicting future values.

History Forecast Method

Selecting one of the three radio buttons, Simple Moving Average, Weighted Moving Average (this is the default setting,) and Linear Regression, sets the mathematical formula KMyMoney will use for a history based Forecast.

The Forecast Method set here applies to all Forecasts. The other settings become defaults, which can be changed when actually calculating and viewing a forecast on the Forecast View.

At the bottom of the dialog, the Defaults resets all values to their default values. The OK and Cancel have their usual meanings.