What is Summary Metrics?
Summary Metrics is a reporting feature that provides a high-level view of filtered metrics in a tenancy schedule or rent roll. It's designed to help you quickly understand the key metrics of your tenancy schedule or rent roll by filtering and presenting your data in a comprehensive, easy-to-understand format.
Why Use Summary Metrics?
With Summary Metrics, you can:
1. Get a quick overview of your key metrics.
2. Easily analyze your data.
3. Make data-driven decisions with confidence.
How to Use Summary Metrics?
To access Summary Metrics, follow these steps:
- Navigate to your tenancy schedule or rent roll.
- You can enable new feature at the top of your table.
The displayed figures will respect the filters applied to the report, it's not a summary of the entire portfolio.
More information on the metrics:
|Annual Net Rent||
The annual net rent figure is calculated from the current Rent template & Tenancy Schedule Annual Rent fall back values. It is not the sum of Area rent allocations.
When the sum of Area rent allocations don’t match the total annual rent a warning icon is displayed to remind users to update their rent to area allocations.
The Area size should be the sum of all area sizes added to a Property (not the Property land/flor area figures). It sums both occupied and vacant area sizes. The figure is then converted to the preferred unit of measurement available on the Report Filters.
|Rent (per unit)||
The rent per size is the annual net rent (first metric) divided by the total area size (second metric). It’s important to emphasize that it considers all areas, even those that are not occupied.
|Outgoings by tenancy / lease||
The outgoings by lease figure should be calculated from the Outgoings Template & Outgoings line items added to Rent Templates. It’s the annual figure that’s also displayed in the Tenancy Details page in Re-Leased.
|Outgoings by area||
The outgoings by area figure is comes from the Budget by Area.
|Outgoings per area unit||
Outgoings per area unit is the Outgoings by Area divided by total area size.