Always, always I input the Analysis Start Date as starting in January. The year can vary, but we want it to be on the Calendar Year because we almost always get the information for our input into argus off documents that work around the calendar year (e.g. historical operating statements and budgets).
The Analysis Start Date controls argus' assumptions about input. We have to tell Argus: these operating expenses/miscellaneous revenues/etc. are based on a calendar year. Then Argus does the dirty work so when we say we have a reporting start date of 2/15, it calculates inflation/occupancy/does our dirty work and gives us an output starting 2/1/15 and ending 1/31/2016.
Depending on the time of year and what the client is willing to give you (budgets are very sacred), that will decide what you're going to work off of. Work off the most up-to-date information they give you. If that's the current year's Year-To-Date (YTD) actual operating statements with the remaining months revised budgeted amounts, great. If it's next year's budget, awesome. This will decide which year you pick for the Analysis Start Date. If you're inputting 2014 numbers, the year will be 2014. if you're inputting the 2015 budget, the year will be 2015.
Let's say the owner of Sparkle Palace gave us everything they had, which included a 2015 budget. We're going to input the Analysis Start Date as 1/15
The third box- Years to Report or End Date just tells argus how many years of cash flows you want to see. I usually pick 12. You can go up to 40 years of reporting.
Input 12 in the Years to Report or End Date Box
Now! Onto Area Measures
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