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QuickBooks
Assets (Accrual)
Assets in QuickBooks refer to the resources that a company owns and can use to generate revenue. These include cash, accounts receivable, inventory, and property. Assets are important because they show a company's financial strength and ability to generate income.
With Databox you can track all your metrics from various data sources in one place.
- About
- Technical Details
What is "Assets (Accrual)"?
Assets are the resources owned by a company that have a monetary value and are expected to provide future economic benefits. This metric includes current assets, such as cash, accounts receivable, and inventory, as well as long-term assets, such as property, equipment, and investments. A higher value of assets indicates better financial stability and liquidity for the company. It is important to track and manage assets regularly to ensure accurate financial reporting and informed decision-making.
Example: Example usecase: Tracking depreciation of company vehicles over time to understand the value of assets and potential tax deductions.
Visualizations
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Number
Used to show a simple Metric or to draw attention to one key number.
How to track Assets (Accrual) in Databox?
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 Assets (Accrual) using Databox, follow these steps:
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1Connect QuickBooks that contains the metric you want to track
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2Select the metric you want to track from the list of available metrics
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3Drag and drop the selected metric onto your dashboard
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4Watch your dashboard populate in seconds
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5Put Assets (Accrual) on the Performance screen
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6Get Assets (Accrual) performance daily with Scorecards or as a weekly digest
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7Set Goals to track and improve performance of Assets (Accrual)
GoalsSet Goals to track and improve your performance
ScorecardsGet your daily progress every morning with Scorecards
Metric DigestReceive detailed weekly performance updates
Metric BuilderBuilt your own custom metrics with Metric Builder
Data CalculationsSet Goals to track and improve your performance
Performance ScreenGet instant insights into your top-performing metrics
General
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DescriptionAssets in QuickBooks refer to the resources that a company owns and can use to generate revenue. These include cash, accounts receivable, inventory, and property. Assets are important because they show a company's financial strength and ability to generate income.
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CategoryAccounting
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SubcategoryAssets
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Date Added2016-05-20
Specification
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Metric Typegeneral
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DimensionalNo
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Decimal DigitsYes
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Currency UnitsYes
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GranularitiesDaily, weekly, monthly, yearly, quarterly and all-time.
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Custom Relative PeriodsYes
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Data AvailabilityAt sync, it ranges from 36 months ago midnight to now.
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Retroactive Data UpdatesExisting data is purged in favor of the most recent synced data.
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Future Data AvailableNo
Visualization
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Default FormatPrefixCurrency
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Cumulative GraphNo
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Favorable Trendincreasing
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Media CreativesNo
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ForecastsYes
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BenchmarksYes
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Paid Bills
The Paid Bills metric in QuickBooks tracks the total amount of bills that have been paid within a specified time period, allowing businesses to monitor their expenses and cash flow.
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Cost of Goods Sold (Accrual) by Category
The Cost of Goods Sold (Accrual) by Category metric helps track the total cost of goods sold for each category, providing insights into the profitability of different product categories.
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Other Expenses (Accrual)
Other Expenses (Accrual) is a financial metric that represents the sum of all non-operating expenses incurred by a business but not directly related to its core operations, such as interest expense, taxes, or litigation costs.
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Income (Cash)
Income (Cash) is a financial metric that measures the amount of actual cash received by a business during a specific period from sales, services, or other sources. It does not include non-cash revenues or expenses.
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Liabilities (Accrual)
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.
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Percentage of Sales (Cash) by Product
Percentage of Sales by Product metric shows the contribution of each product to the total sales of a business, expressed as a percentage.
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