---
title: "Managing your forecasts"
slug: "managing-your-forecasts"
description: "Plan and manage forecasts with Payhawk spend management platform: use historical spend data, budgets and upcoming subscriptions to predict cash flow."
updated: 2026-10-27T14:17:36Z
published: 2026-10-27T14:17:36Z
canonical: "payhawk.com/managing-your-forecasts"
---

> ## Documentation Index
> Fetch the complete documentation index at: https://payhawk.com/help/llms.txt
> Use this file to discover all available pages before exploring further.

# Managing your forecasts

Once budgeted, amounts need to be adjusted with time so that stakeholders can have a real-time, adequate view of utilized, committed, and available spend. In Payhawk, budget iterations can be done by adding, editing, or deleting forecasts for the budgeted fiscal year.

## Creating forecasts

To create your forecast:

1. In the [Payhawk Web Portal](https://portal.payhawk.com), open the app switcher in the top-left corner and go to **Budgets**.
2. Select the **New** > **New forecast** option from the drop-down button.
3. In the dialog that opens, select the desired budget dimensions and enter a name for your forecast.

The budget dimensions specified in the respective fiscal-year budget will be preselected and locked for editing.
4. Download the template file, [fill in the required data](/help/managing-your-budgets), and upload it back to the system.
5. Click on **Submit**.

![The Create forecast dialog with the locked budget dimensions, the forecast name, the template download and the upload area.](https://cdn.payhawk.com/navigation-redesign-didi_20261009_ai/managing-your-forecasts-01_20261009_ai.png)

## Reusing templates for new forecasts

You can also create your forecast by choosing a previous template thus reusing its data and only adjusting what's needed:

1. Click on the **New** button.
2. In the dialog that opens, from the **Download template** drop-down, select the existing template.
3. Click on **Submit**.

![The Create forecast dialog with the Download forecast as template drop-down open, listing existing forecasts.](https://cdn.payhawk.com/navigation-redesign-didi_20261009_ai/managing-your-forecasts-02_20261009_ai.png)

## Renaming forecasts

You can rename your forecast in the following way:

1. Open the app switcher in the top-left corner and go to **Budgets** > **Manage forecasts**.
2. Select the desired forecast, click on its three-dot menu, and select **Edit**.
3. On the next screen, update the name of the forecast and click on **Save**. Alternatively, discard your changes by clicking on **Cancel**.

![The Manage forecasts panel with a forecast name being edited and the Save and Cancel options.](https://cdn.payhawk.com/navigation-redesign-didi_20261009_ai/managing-your-forecasts-03_20261009_ai.png)

## Updating forecasts

To modify an existing forecast in Payhawk, download the template file, enter the updated data, and upload it back into the system. This process allows you to adjust your financial projections as needed.

## Deleting forecasts

You can delete your forecast in the following way:

1. Open the app switcher in the top-left corner and go to **Budgets**.
2. From the budget drop-down menu, select **Manage forecasts**.
3. In the dialog that opens, hover over the desired forecast, click on its three-dot menu, and select **Delete**.
4. On the next screen, click on **Delete** to confirm your choice.

![The Manage forecasts panel with the Delete forecast confirmation dialog.](https://cdn.payhawk.com/navigation-redesign-didi_20261009_ai/managing-your-forecasts-04_20261009_ai.png)

## Useful resources

- [Overview of budgets](/help/overview-of-budgets)