Operating Expenses (Opex): Detailed explanation of operational costs post-construction, unrelated to construction activities. Focuses on managing leased properties as a business.
Cost Categories: Includes pre-populated default cost centers for ease of calculation, linked directly to cost codes for better organization.
Expenditure Inputs: Various input methods for entering costs, such as gross annual amount, gross per unit per month, or percentage-based allocations.
Warnings for Accuracy: The system flags errors when multiple values are entered, ensuring only one value type is used for each cost.
Planning with Quotes: Operating costs can be planned using quotes, which may be monthly, annual, or unit-based, depending on the source.
GST Calculations: GST inclusion/exclusion rules vary depending on the development phase (construction vs. rental operations).
Stages and Customization: Options for breaking down costs across stages (e.g., pre-lease and post-lease periods) with flexibility for further customization.
Chart Impact: Operating expenses influence various charts and reports, which are explained further in subsequent videos.
Insights Based on Numbers
5,000: Example amount used to demonstrate the system’s error detection when conflicting inputs are made.
Percentage-based planning: Allows for flexible adjustments as a percentage of effective gross revenue or potential income, providing scalability for various project sizes.
Operating Expenses (Opex): Detailed explanation of operational costs post-construction, unrelated to construction activities. Focuses on managing leased properties as a business.
Cost Categories: Includes pre-populated default cost centers for ease of calculation, linked directly to cost codes for better organization.
Expenditure Inputs: Various input methods for entering costs, such as gross annual amount, gross per unit per month, or percentage-based allocations.
Warnings for Accuracy: The system flags errors when multiple values are entered, ensuring only one value type is used for each cost.
Planning with Quotes: Operating costs can be planned using quotes, which may be monthly, annual, or unit-based, depending on the source.
GST Calculations: GST inclusion/exclusion rules vary depending on the development phase (construction vs. rental operations).
Stages and Customization: Options for breaking down costs across stages (e.g., pre-lease and post-lease periods) with flexibility for further customization.