Core concepts
Confidence: chance, amount confidence, band, window
A forecast is rarely a single certain number. Each Expected transaction can carry confidence on several axes:
- chance it happens (probability): how likely the event occurs at all (100% means certain).
- amount confidence %: how sure you are of the *amount* if it does happen (100 = certain). It is informational and does not change the projected number, the how-much twin of chance-it-happens.
- band: a low/high range around the amount, as a percentage of the expected amount or as absolute low/high figures. Northwind orders carries an 80%/120% band.
- window: how many days before or after the expected date the event might land.
Confidence shapes the matrix lens (optimistic / expected / pessimistic) and the alerts that watch for a dip below zero. See *The Cash matrix*.
In-app documentation, version 5. Generated from the product documentation source, so this matches the app exactly.