{"id":548,"date":"2016-08-01T20:03:47","date_gmt":"2016-08-02T01:03:47","guid":{"rendered":"http:\/\/opencomps.com\/blog\/?p=548"},"modified":"2016-08-23T00:13:17","modified_gmt":"2016-08-23T05:13:17","slug":"new-financials-and-pricing","status":"publish","type":"post","link":"https:\/\/www.opencomps.com\/blog\/2016\/08\/new-financials-and-pricing\/","title":{"rendered":"New! Financials… and Pricing"},"content":{"rendered":"

We are super\u00a0excited to launch today our latest feature: the ability to\u00a0record and save P&L financials. You can add financials as public or private entries – your eyes only\u00a0or within your shared group<\/a>. Let us walk you through the details.<\/p>\n

Expanding on our coverage – like developments, debt comps and for sale markers<\/a> – we feel that with financials, we have truly created\u00a0the ultimate intelligence-gathering tool<\/strong> for the hospitality investment professional<\/strong>. How often have\u00a0you collected\u00a0competitive performance information and\u00a0save it in an individual Excel file that afterwards only goes to die together with a\u00a0completed or aborted project? And even though you feel you will forever remember\u00a0that information and where it is stored (after working so hard to gather and organize it), somehow nobody ever remembers where that information was stored or saved. Now, you (or your workgroup) can save these financials in an easily searchable database with the ability to quickly find and retrieve the information.<\/p>\n

Saving financials in OpenComps is super easy and works as follows:<\/p>\n

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  1. Create a Financials transaction marker<\/strong> for a property – you can create it from scratch using the +Add New button in any transaction list. Or you can jump start a new Financials marker from an existing transaction, just use the +Add New dropdown in any transaction. You can choose to create the marker as Public, Only Me or Shared Group, which would make the marker (and its associated financials) available and visible either publicly to all or privately to you only or within your workgroup.<\/li>\n
  2. Add P&L financials<\/strong> to a Financials transaction marker – once you’ve created your Financials transaction marker, you can add P&L financials using the +Add button in the Financials section.<\/li>\n<\/ol>\n