Customizable Forecasting for Custom Fiscal Years - Salesforce ADX-201 Exam Study Guide

Customizable Forecasting for Custom Fiscal Years

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Customizable Forecasting must be enabled for use with Custom Fiscal years.

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A. B.

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The correct answer is A. True.

Customizable Forecasting is a Salesforce feature that allows organizations to create and customize their own sales forecasting models. Customizable Forecasting can be enabled in Salesforce by navigating to the "Forecasts Settings" page in the setup menu.

Custom Fiscal Years is another Salesforce feature that allows organizations to define their fiscal year to align with their business needs. By default, Salesforce uses the standard fiscal year which runs from January 1st to December 31st. However, organizations can define a custom fiscal year that starts on any date and lasts for any number of months.

When Customizable Forecasting is enabled, it can be used with either the standard fiscal year or a custom fiscal year. However, if an organization has defined a custom fiscal year, Customizable Forecasting must be enabled to support that custom fiscal year. Otherwise, the forecasting model will not accurately reflect the organization's sales cycle.

In summary, Customizable Forecasting must be enabled for use with Custom Fiscal Years in Salesforce.