Functions » Core functions » Budgeting
Budgeting
Create your 1, 5, 10, ∞-year work flow driven budgets based on new, historic or actual data.
forecasts rental income, both profit and loss and cash flow impact, based on assumptions applied to lease events such as rent reviews, lease expiries and break clauses and to letting of vacant space.
- Work flow driven
- Modifiable Budget by (default) assumptions automatically generated
- Alternatively: Manual entered Income/Costs or imported Budgets provided by eg external Property Manager
- Create Next Year Budgets out of Actual and Historic Budget
- IFRS: Rent free periods, rent incentives and stepped rents will be straight-lined to profit and loss statement in accordance with SIC15 (to lease end date) and UITF28 (to first review) accounting standards