What?
A forecasting report is typically based off of a product's historical sales data. This allows for the use of formulas to generate sales velocities and predictive analytics surrounding purchase orders.
Why?
This is an important tool to understand how quickly products are selling and when you should think about purchasing additional goods from your supplier.
How?
To view the forecasting report: Reports -> All Reports -> Forecasting
Note - Updates are constantly being made to improve the forecasting report. This tutorial mentions a few basics, but may look a little different when you use the report.