Which tool do you use to calculate net income yoy

[Saurabh Kukreja]

Do you use any fancy tool that you plug in your numbers to calculate your net per year ? Or Just use excel ?

I use excel , but many times I forget to add any expenses and then it messes up the calculations.

How do experienced people do it ?

[Simon W.]

Quote from @Saurabh Kukreja:

Do you use any fancy tool that you plug in your numbers to calculate your net per year ? Or Just use excel ?

I use excel , but many times I forget to add any expenses and then it messes up the calculations.

How do experienced people do it ?

 Simple answer is Investors have people like me and many others in BP to keep the books clean as possible, usually running some form of accounting tool/platform. You can use Quickbooks, Xero, Stessa, and many other options. 

Even if you aren't a property management company, you can still use platforms like AppFolio, Yardi, Buildium, and so on.

Excel makes it too easy to forget something.