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.
Used to show a simple Metric or to draw attention to one key number.
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 (Cash) using Databox, follow these steps:
Open Invoices Amount by Customer indicates the total amount of unpaid customer invoices that are currently open and owed to the business. It is a key metric for monitoring cash flow and collections.
The Paid Invoices metric in QuickBooks tracks the total amount of money received from customers against the invoices that you have marked as paid.
The Total Expenses (Accrual) by Category metric in QuickBooks measures the total amount of expenses accrued by category, including expenses not yet paid, allowing for a more comprehensive view of financial obligations and spending over time.
Net Other Income (Accrual) is a financial metric that represents the profit or loss generated through various non-operating activities, such as interest income, dividend income, rent income, and gains from the sale of assets.
The Cost of Goods Sold (Cash) by Category metric measures the amount of money spent on raw materials and production costs related to each category of goods sold, providing insight into profitability and spending patterns.
The Cost of Goods Sold (Accrual) metric represents the direct costs incurred in producing goods or services sold during a specific period.
Gross Profit (Accrual) is a financial metric that calculates the profit a company earns after deducting the cost of goods sold and adjusting for accrued expenses and revenue, regardless of whether or not the money has exchanged hands.
The Balance by Bank Accounts metric is a financial measure that displays the total amount of money available in each bank account in your QuickBooks software.