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Updated about 4 years ago on . Most recent reply
forecasting word. look for correct term
Hi,
What is that word: I have an actual current rent roll and would like to use this rent roll for the rest of the year to create an anticipated income statement. What is this term called? I can't think of it! I don't think its a pro forma since I have two month's of actual income. Please help. Thanks
Most Popular Reply

Your actual rent roll for the 2 months is called "T-2" which stands for Trailing 2 months. The numbers you are forecasting is called a proforma. You typically forecast on a 12-month basis. However, only having 2 months of actual income is not very reliable.