How To Setup Your Project For Feasibility In Smart Feasibility Calculator?

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[00:00:00] OK, so let's look at project details.

[00:00:03] Basically, we are looking at this section here and figuring out what are the inputs that are required here. So over here we've got project name. So if you've got a project I usually under project name, I usually use an abbreviation to identify my projects or say, for example, the address is 1:38 enrolled. Windsor. This is one of my old projects that I did a while ago, and it's an apartment building. And as you can see, I had nine apartments in there. So nine to abettors and so on. So basically what we're trying to do here is put in some details. So anything that you put in here will get added to the header and it will also carry on in this section right here.

[00:00:52] So let's look at this. So the address of the project prepared by the name of the person unit of measurement. If you use square feet, you put select square feet. If you use meter square, you select meter square. If you use a currency symbol, let's say I want to change that and use pounds or or euro or whatever.

[00:01:13] I just have to go to a format number. And more currencies.

[00:01:18] I can just copy the pound symbol here. And if I change that to pound, you will notice that everything else in the project will change, too. We'll show you a pound symbol. So, so so that it can be used anywhere else. Everywhere else. So it's sweet. So text name you select your text name. Let's say text name is GST and you select the value for G is tax. Right. So put 10 percent here. And whether or not you have margined scheme if you're from us, you don't really need to worry about. There's just select and I. And don't worry about any of these. This is probably none of this will have any effect on the calculations so that it changes when it's a GST and margin scheme is a way of calculating the GST. However, if you've got a commercial property, let's say you do have GST and you're from Australia or from New Zealand, but you're doing a commercial property, you make sure you select. No. But there are checks built into it to do that. So what we gonna do is I'm going to do a feasibility show you with what happens with GST and then with a flick of a switch, we'll just changed everything to not applicable. And I'll show you the impact that has. So you'll see that your calculations, all of these, whether or not they have GST or don't have GST will look that will will will will have no impact on the calculations because the GST is then taken out completely from from picture altogether. As you can see, if you do select not applicable, some of these sales get hidden automatically and all you have to do is come in and select whatever whatever way you want to go. So let's say you've got project details, so you've got land purchase price or whatever you were buying the land for. So let's say 1.2 mil. We're buying the land for two mil. And then if you've got residential Tirrell residential, make sure your commercial is zero. And if you are doing just commercial, make sure your residential is zero and you add that for commercial and you had a number of units are a number of saleable areas that you are creating for it and it's usually for misused and so on. So if I put one over here, then I would know the value for four though. So. So it's basically the way it works is that is usually primarily designed for residential, but it is also it can also do mix use development. So if you're doing pure commercial, I would say you go and do use a lead lead developer because that includes that in that you can do even just pure commercial if you wanted to. But in this one it's actually either residential or residential and commercial both combined.