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Workers Compensation Tracking Spreadsheet

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Published at Friday, April 23rd 2021, 22:41:56 PM. Tracking Spreadsheet. By Jolene Sparks.

For example, Gartner, Inc., the worlds leading IT research and advisory company, describes business intelligence platforms as having three core categories of functionality (integration, information delivery, and analysis) and 13 capabilities (infrastructure, metadata management, development tools, collaboration, reporting, dashboards, ad hoc queries, Microsoft Office integration, search-based, OLAP, interactive visualizations, predictive modeling and data mining, and scorecards. While the technology itself is complex, many modern BI platforms are easy to use and loaded with features. For example, cloud-based BI platforms require only a Web browser, making deploying the platform a simple matter of signing up for an account and logging in. Of course, theres more to it than that. This particular tool provides users with the ability to analyze data from disparate sources and "mash it up." These mashups allow for quick and easy visual analysis and ad hoc reporting tailored to the users specific needs.

You can also create a calendar with a spreadsheet application and keep it within your budgeting workbook. You can list dates bills are due and you can also use the calendar in accordance with your budget to plan for special items or vacations. Having everything in one place will make it easier to manage your finances and plan for the future. Another advantage to using a spreadsheet application for your budget is that you wont have to access the Internet to access your budget. You will be able to view it or work on it wherever you are and if you typically work on a laptop computer and take it with you when you travel, this can be extremely beneficial. Using budgeting spreadsheets to manage your finances is an easy and affordable way to stay on top of your financial game.

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Since this is a residential rental apartment building it makes sense to include rental income in your real estate spreadsheet. Thats obvious. What isnt so obvious are things like interest on tenant deposits, subsidies, tax refunds, etc. When youre building the spreadsheet you need to estimate when those revenues will arrive, and that relates to the number of tenants, the rental rates you charge, how long the lease term is for each tenant, etc. You also need to assume some late payments, evictions, and vacant units. If you havent invested in the area before this can be a challenge. You can gather data on that by speaking with local real estate agents, lenders, and tax agencies, or subscribe to an industry database that covers the local area. In most locations you also need to consider taxes. Are these charged up-front? As part of the mortgage loan payments? How frequent are they? When do they actually need to be paid? Are there any accounting costs? Can you use any tax credits or breaks? How do you calculate depreciation if that is a tax deduction? Taxes can be quite complex and you need them in your calculations or your investment value estimates will be incorrect.

Since this is a residential rental apartment building it makes sense to include rental income in your real estate spreadsheet. Thats obvious. What isnt so obvious are things like interest on tenant deposits, subsidies, tax refunds, etc. When youre building the spreadsheet you need to estimate when those revenues will arrive, and that relates to the number of tenants, the rental rates you charge, how long the lease term is for each tenant, etc. You also need to assume some late payments, evictions, and vacant units. If you havent invested in the area before this can be a challenge. You can gather data on that by speaking with local real estate agents, lenders, and tax agencies, or subscribe to an industry database that covers the local area. In most locations you also need to consider taxes. Are these charged up-front? As part of the mortgage loan payments? How frequent are they? When do they actually need to be paid? Are there any accounting costs? Can you use any tax credits or breaks? How do you calculate depreciation if that is a tax deduction? Taxes can be quite complex and you need them in your calculations or your investment value estimates will be incorrect.

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