Time Interval: 00:00:00 - 00:04:06
Summary
Purpose of Account Heads Section: Verifies assumptions for detailed cost centers, ensuring accuracy in development cost calculations, including GST allocation.
GST and Funding Allocations: Differentiates between GST-inclusive and GST-exclusive totals, highlighting how funding from banks typically excludes soft costs like stamp duty.
Error Checking for Project Timelines: Uses conditional formatting to ensure that costs are mapped to project stages and timelines.
Template Customization: Allows saving of custom templates for specific cost centers, ensuring consistency across projects.
Cross-Verification Tools: Ensures that GST-inclusive and GST-exclusive totals match, offering a triple-check mechanism for development cost accuracy.
Insights Based on Numbers
- 100% Funding Adjustment: If banks exclude soft costs, users must adjust the allocation to ensure the totals match.
- Triple-Check Verification: Ensures all totals (inclusive, exclusive, and developer equity) align for accuracy.