INDUSTRY NEWS
GMA BENCHMARKING REPORT
THE FASTEST WAY
TO UPLOAD YOUR
FINANCIAL DATA?
Forward the following two
files to one of our GMA
helpers who will upload your
Clubs financial data into the
GMA National Benchmarking
system:
1) Annual report for
financial year – PDF format
preferred
2) Trial balance for the
annual report 12-month
period in Microsoft Excel
format. (Please ensure P&L
debits and credits balance
to your annual report)
Nice things to add to your
trial balance Excel spread
sheet:
• Try to group rows by
departments and add sub
headings – Course, Admin,
House, F&B etc…
• If your Club groups wage
replated costs such as LSL
into one account, please
try to redistribute to the
appropriate department
Course, Admin, House,
F&B etc…
• If your Club groups
Chemical expenses
(fertilizers, pesticides,
wetting agents into a
general account, try to
estimate these expenses
and separate them.
Providing these two files will
help to ensure your Clubs
data is uploaded as accurately
as possible.
CHECK YOU DATA.
It’s easy to make mistakes
when entering data from
many different areas and
when units of measurements
change. If you find your
answer is very low (1% to
5%) or high (95% to 100%),
read the question one more
time and double check the
data. The example below is
where the person entering
data has entered their fairway
in square metres where
the question was asking for
hectares.
ENTER MORE
THEN 60%
OF DATA TO
COMPARE
After forwarding your
Club’s financial data to
one our GMA helpers
your Data entered
should be approximately
38%. It should only take
another 30 minutes of
your time to enter your
Club’s statistical data to
reach 60% so you can
start comparing. Until
data reaches 60% the
system will not allow
comparisons.
Example below - The normal
range is 11 (25th%) 15 (50th%)
and 21 (75th%) so 40,000 is a
little high (98th%).
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