Why Historical Tracking Matters, and Why Spreadsheets Fall Short “How many units did we open last year?” “When did that franchise transfer happen?” If your only record is a spreadsheet, these simple questions can be surprisingly hard to answer. Spreadsheets struggle with history because: • They often overwrite old data when new entries are added. • Tracking ownership changes, relocations, or closures requires multiple files. • Without diligent backups, past records are simply lost. In an industry where history shapes future decisions, spreadsheets can’t keep up. Operators need tools that preserve the past as well as track the present. 👉 That’s exactly where UnitTrak can step in, providing a reliable record of every unit’s journey.
Why Spreadsheets Fail to Track Historical Data
More Relevant Posts
-
Tired of spending hours on rent roll data entry? QuickData.ai is an Excel add-in that automates the most tedious part of #multifamily underwriting. Extract rent rolls and T12s instantly into Excel. Complete your deal analysis in under 5 minutes. See it in action in the demo below 👇 More deals analyzed. Faster decisions. Zero data entry headaches. Demo link: https://lnkd.in/evgGdJ6N
To view or add a comment, sign in
-
Rolling forward a binder shouldn’t be a project. If your team is still: ❌ Copying last year’s folder ❌ Deleting out old data ❌ Manually loading in trial balances …then you’re spending more time setting up the file than preparing it. With Active | UK, it’s three clicks and you’re ready to go. Same structure, same file, just brought forward cleanly. How long does it take your team to get started? #EfficiencyInPractice #Workpapers #AccountingProcess
To view or add a comment, sign in
-
“What we do when a publisher brings us messy accounts” A new client once handed us: – three half-finished P&Ls – unlinked royalty trackers – sales reports from four platforms – and a shoebox of expenses (digitally speaking). They were successful. But they were in chaos. So we: – rebuilt the data structure – reconciled sales and royalty flows – linked platform reports to financials – and created a single source of truth. That’s the power of a Virtual Finance Office that gets the industry. We don’t judge. We just sort it. #PublishingSupport #FinanceCleanUp #RoyaltyTracking #VirtualFinanceOffice #FinanceWithMargrave
To view or add a comment, sign in
-
-
“What we do when a publisher brings us messy accounts” A new client once handed us: – three half-finished P&Ls – unlinked royalty trackers – sales reports from four platforms – and a shoebox of expenses (digitally speaking). They were successful. But they were in chaos. So we: – rebuilt the data structure – reconciled sales and royalty flows – linked platform reports to financials – and created a single source of truth. That’s the power of a Virtual Finance Office that gets the industry. We don’t judge. We just sort it. #PublishingSupport #FinanceCleanUp #RoyaltyTracking #VirtualFinanceOffice #FinanceWithMargrave
To view or add a comment, sign in
-
-
Do This, Not That: Maximize Class & Location Tracking Do This: Use QBO’s Class & Location tracking to view profitability by service, department, or location. This gives you the detailed insight you need to grow what’s working and fix what isn’t. Not That: Don’t lump all revenue and expenses into general categories. Without detailed tracking, you lose clarity and the ability to pinpoint what’s helping—or hurting—your bottom line. Class & Location tracking gives you the ability to slice your financials in ways that match how you operate. And the clearer your data, the better your decisions. Need help setting up Class & Location tracking or using it more effectively? Let’s Talk: 📩 https://bit.ly/3kUxzEk #QuickBooksOnline #AccountingTips #One8Solutions #DoThisNotThat #BusinessTips
To view or add a comment, sign in
-
-
Class & Location tracking gives you the ability to slice your financials in ways that match how you operate. And the clearer your data, the better your decisions.
Do This, Not That: Maximize Class & Location Tracking Do This: Use QBO’s Class & Location tracking to view profitability by service, department, or location. This gives you the detailed insight you need to grow what’s working and fix what isn’t. Not That: Don’t lump all revenue and expenses into general categories. Without detailed tracking, you lose clarity and the ability to pinpoint what’s helping—or hurting—your bottom line. Class & Location tracking gives you the ability to slice your financials in ways that match how you operate. And the clearer your data, the better your decisions. Need help setting up Class & Location tracking or using it more effectively? Let’s Talk: 📩 https://bit.ly/3kUxzEk #QuickBooksOnline #AccountingTips #One8Solutions #DoThisNotThat #BusinessTips
To view or add a comment, sign in
-
-
Class & Location tracking gives you the ability to slice your financials in ways that match how you operate. And the clearer your data, the better your decisions.
Do This, Not That: Maximize Class & Location Tracking Do This: Use QBO’s Class & Location tracking to view profitability by service, department, or location. This gives you the detailed insight you need to grow what’s working and fix what isn’t. Not That: Don’t lump all revenue and expenses into general categories. Without detailed tracking, you lose clarity and the ability to pinpoint what’s helping—or hurting—your bottom line. Class & Location tracking gives you the ability to slice your financials in ways that match how you operate. And the clearer your data, the better your decisions. Need help setting up Class & Location tracking or using it more effectively? Let’s Talk: 📩 https://bit.ly/3kUxzEk #QuickBooksOnline #AccountingTips #One8Solutions #DoThisNotThat #BusinessTips
To view or add a comment, sign in
-
-
Financial plans shouldn’t be one-size-fits-all. When you get a suit, you get it tailored — not something off the rack. Yet most financial planning software still relies on rigid inputs and canned outputs. That’s not real personalization. At Wavvest, we’re changing that. Every plan is built around the client’s actual life — flexible, detailed, and actionable. No more static templates or vague recommendations. True planning should fit the client, not the software.
To view or add a comment, sign in
-
True reconciliation doesn’t stop when balances match. It means confirming that every transaction connects to a real entry — every transfer, owner draw, and balance-sheet account ties to its record. That’s where accuracy becomes clarity — and clarity builds confidence. #BookkeepingEducation #FinancialClarity #ReconcileMonthly #BrizBookkeepers #FortWayneBusiness
To view or add a comment, sign in
-
What’s one of the biggest silent profit killers I see? ➡️ Untracked time. The time your team spends on things like: 🗂️ General time — admin, meetings, training, etc. 🧾 Admin adjustments — internal corrections or tweaks not billed to clients 🧩 Reworking deliverables ⚙️ Warranty work or internal fixes —all those unbilled hours quietly add up. And when they’re not tracked or visible in your data, they silently erode your margins. Through the Profit Clarity Method™, I help service-based businesses uncover where time leaks turn into money leaks — and fix them before they scale. Because profit protection starts with time clarity.
To view or add a comment, sign in