Q: Can the proforma waterfall make any assumptions (for example that all pref was paid current as of the date I specify)
A: Projections will only look at the information that is already in the system when calculating. For example, if the waterfall ruleset you are using has a pref rule, it will pay any unpaid pref as of the date entered.
Q: Can I convert a proforma waterfall to a distribution batch that can be sent to investors?
A: No, Projections cannot be converted to a regular distribution batch.
Q: Is there an audit to help me understand how the system calculated these numbers?
A: Yes, the existing audit file will be available on the Projections tab.
Q: Can I run a project-level projection?
A: No, Projections can only be run at the entity-level.
Q: Does the projection waterfall look at basepoints and transfer dates when calculating?
A: Yes, it will behave the same as running a normal distribution batch.
Q: Can I export a NACHA or other payment file from a projection?
A: No, NACHA files can only be exported from the Export button on the Distribution batch page or from Import Data > Pending or Archived tabs.
Q: How far forward can I run a projection? I.E.- is there a day, quarter, or year limit?
A: There is no limit - You can run the projection as far in the future as you wish.
Q: Can I edit or make adjustments to a projection? (Manually override amounts to different investors)
A: Yes, you can make adjustments to each investor just like you can in a normal distribution batch
Q: Is there an approval workflow for publishing a projection?
A: There is no approval workflow - Just a toggle to show. You can only show one projection per entity to your investors.
Q: Can I display the Projected IRR on Investor Dashboards?
A: Yes, you can choose to display this on Investor Dashboards by selecting the "Projected Internal Rate of Return" on Investor Settings > Dashboard Preferences. This will show a calculation based on the projection that was run for this project for each investor's investment.