Meals & Entertainment

Team meals, client entertainment, and events.

2 min read

Meals & Entertainment covers food and hospitality — team lunches, client dinners, and events.

Where it sits

Appears under Operating Expenses in the Foreqast table, as an expense. Ledger key: Meals.

What lands here

Team meals and offsites
Client entertainment
Event catering

What to watch out for

Hospitality spend is event-shaped: an offsite, a launch dinner, a client visit. Between those it is near zero. Projecting a monthly average therefore books a steady cost that will not occur and misses the month where it will. For anything already in the calendar, model the amount on the date rather than letting the average spread it across the year.

How it's forecast

With the default setup — no extensions, no drivers, no custom projections — Meals & Entertainment is projected from your own booked actuals using the trailing 30-day average: the last 30 days are summed and divided by 30 to get a daily rate, which is carried forward flat and aggregated into each week and month.

daily rate = sum of the last 30 days of actuals ÷ 30
monthly forecast ≈ daily rate × days in month

For Meals & Entertainment, €600 booked over the last 30 days gives €600 ÷ 30 ≈ €20/day, so a 30-day month projects to about €600. As new actuals import, the window rolls forward and the projection updates on its own.

Horizon: up to 24 months of history and 24 months forward. The table shows 12 months (or 13 weeks / 90 days) by default — scroll horizontally for the rest.

Want a different shape — a fixed cost, a growth trend, or a share of revenue? That's what the Custom Projection extension and driver-based forecasting are for. This page describes the default, historical-only behaviour.