If you are using ProjectionHub to create your financial projections and you ran into trouble with the Expenses page because our listing of expenses does not include an expense that you have, I want to show you an easy work around.
Soon we hope to update the application so that you can customize your expenses and add your own expenses right within the application, but for now I am going to show you a temporary way to work around the problem.
Let’s assume that you want to add an expense called “Security” for your security system expenses which costs $30 per month. Unfortunately we don’t have an expense category called “Security” so for the time being our suggestion is to make one of the other rows your Custom Expense row. Let’s assume that you don’t have any advertising expenses, so you take the advertising row and enter in the $30 per month for security expenses.
So now after you purchase and download your Excel file you will need to make one final quick change. You simply need to go to the “Data” tab on your Excel file and change the title of “Advertising Expense” to “Security Expense” and the change will automatically flow through to all of your projected financial statements. See what I mean below:
You can use this same process for as many of your expenses as you would like. We know it is not a perfect solution, and we are working on our long term solution, but we hope this helps in the mean time. Let me know if you have any questions by emailing adam@projectionhub.com
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