Forecast Accounts Receivable monthly

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I have AR data for various past months, basis which I need to forecast next month's AR.

Please help with below questions:

  1. Is excel forecast formula of ETS and normal forecast good and reliable? I am getting high variance from actual.

  2. What is the best way to do this forecast? Use ML?

  3. Is excel unable to predict well because I am feeding data month wise and trying to find only on basis of 6 months?

0 Answers
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