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QuickBooks Average Price (Accrual) by Product

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.

With Databox you can track all your metrics from various data sources in one place.

Average Price (Accrual) by Product 2.190,879 Start tracking this metric
  • About
  • Technical Details
What is "Average Price (Accrual) by Product"?
The Average Price by Product metric calculates the average selling price of products over a specific time period. This metric allows businesses to analyze the pricing strategy of their products and identify opportunities to increase or decrease prices. The formula to calculate this metric is the total revenue generated by a specific product divided by the total quantity sold of that product. This metric is important to track for businesses as it directly impacts their bottom line and profitability.
Example: Calculating the Average Price by Product metric can help a retail business determine which items are their best-sellers by comparing the prices of their products and the sales volume of each.

Visualizations

  • Databox visualization

    Bar and Line Chart

    Used to show comparisons between values.

How to track Average Price (Accrual) by Product 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 Average Price (Accrual) by Product using Databox, follow these steps:

  1. 1
    Connect QuickBooks that contains the metric you want to track
  2. 2
    Select the metric you want to track from the list of available metrics
  3. 3
    Drag and drop the selected metric onto your dashboard
  4. 4
    Watch your dashboard populate in seconds
  5. 5
    Put Average Price (Accrual) by Product on the Performance screen
  6. 6
    Get Average Price (Accrual) by Product performance daily with Scorecards or as a weekly digest
  7. 7
    Set Goals to track and improve performance of Average Price (Accrual) by Product
Goals

Set Goals to track and improve your performance
Scorecards

Get your daily progress every morning with Scorecards
Metric Digest

Receive detailed weekly performance updates
Metric Builder

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Data Calculations

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Performance Screen

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QuickBooks integration with Databox Track Average Price (Accrual) by Product from QuickBooks in Databox GET STARTED

General

  • Description
    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.
  • Category
    Accounting
  • Date Added
    2016-05-20

Specification

  • Metric Type
    general
  • Dimensional
    Yes
  • Decimal Digits
    Yes
  • Currency Units
    Yes
  • Granularities
    Daily, weekly, monthly, yearly, quarterly and all-time.
  • Custom Relative Periods
    Yes
  • Data Availability
    At sync, it ranges from 36 months ago midnight to now.
  • Retroactive Data Updates
    Newly synced data is merged with existing data, replacing values for matching periods.
  • Future Data Available
    No

Visualization

  • Default Format
    PrefixCurrency
  • Cumulative Graph
    No
  • Favorable Trend
    increasing
  • Media Creatives
    No
  • Forecasts
    Yes
  • Benchmarks
    No

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