Remove Financial Analysis Remove IBM cost Remove IBM Support Remove Retail
article thumbnail

Your Path to a Stress-Free, Successful Year-End Close in Real Estate and Property Management?

Insight Software

Unearned income from tenants: Challenge : Accurately accounting for unearned income from tenants, particularly in commercial and retail spaces with advanced rent payments or lease incentives. Use the formulas for accurate calculations and recording of finance charges and interest expenses. IRS Form 4562 and Schedule E).

article thumbnail

Financial Forecasts vs. Projections: 3 Essential Differences

Insight Software

That would presumably precipitate some discussions about the number of new locations, the expected volume of increased revenue, staffing requirements, capital investments needed, and any other related revenue and operating expenses. This time, the analysis is based on actual plans and conditions as they are known today.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

11 Financial Model Examples & Templates for 2021

Insight Software

Financial models offer data-driven, quantitative analysis that tells you where your company stands and where it’s heading. As a finance professional, you’ll need different types of financial analysis and modeling for different situations. Financial Modeling Makes You A More Strategic Analyst. Valuing the company.

article thumbnail

Planning vs Forecasting: Four Key Differences

Insight Software

It’s not necessarily wishful thinking per se; financial planning is aspirational insofar as it embodies an organization’s goals and objectives. It should be realistic, and to that end, it should encompass a set of facts that support the achievement of the organization’s goals. How much investment in fixed assets will be required?

article thumbnail

Four Benefits of Scenario Modeling in Excel

Insight Software

We know of a manufacturer of retail store fixtures, for example, whose orders plummeted following the initial closures of early 2020. The manufacturer responded by shifting to the production of acrylic barriers for cashier stations, customer service desks, and private offices, where it was impossible to avoid person-to-person altogether.

article thumbnail

From IT Dependence to Ad Hoc Reporting: Why and How

Insight Software

In most organizations, the IT department is kept busy, so there can often be a backlog of service requests, leading to long delays. In other cases, companies must turn to expensive outside consultants who charge hundreds of dollars per hour for the work. It causes delays and costs money.