The Amount by Product metric refers to the total amount of revenue generated by each product sold in your business. It helps you identify your best-performing products and make data-driven decisions to optimize your sales strategy.
With Databox you can track all your metrics from various data sources in one place.
Used to show comparisons between values.
Databox is a business analytics software that allows you to track and visualize your most important metrics from any data source in one centralized platform.
To track Amount (Accrual) by Product using Databox, follow these steps:
Open Invoices is a metric that tracks the total amount of unpaid customer invoices that are outstanding in a QuickBooks account. It helps businesses easily monitor their accounts receivable and ensure timely payment collection.
Overdue Invoices is a metric that measures the amount of outstanding customer invoices that are past their due date and have not been paid yet. It helps monitor the cash flow and identify potential payment issues.
Net Income (Cash) is the total profit earned by a business after deducting all expenses that have been paid in cash.
Other Expenses (Cash) represents any miscellaneous expenses that are not categorized under any specific category in the cash flow statement.
The Balance metric refers to the difference between the total assets and total liabilities of a company at a given point in time. It indicates the financial position of the company and its ability to meet its financial obligations.
Liabilities are financial obligations or debts owed by a business to creditors, suppliers, or other entities. It includes short-term, long-term, and contingent liabilities and is a measure of a company's financial obligations that must be paid in the future.
Gross Profit Growth (Cash) measures the change in cash-based gross profit from one period to the next. It is found by subtracting the cost of goods sold (COGS) from total revenue and then comparing this figure between two periods.
The Average Sales by Product metric displays the mean selling price for each product in the Product Service Summary report of QuickBooks, facilitating clear and direct pricing insights.