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

Basics

  • 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
  • Default Format
    PrefixCurrency
  • Cumulative Support
    No
  • Units
    Yes
  • Granularities
    daily, weekly, monthly, yearly, quarterly, allTime
  • Favorable Trend
    increasing
  • Historical Data
    Yes
  • Changing historical data
    No
  • Forecast Support
    Yes
  • Benchmark Support
    No
  • Media Support
    No
  • Dimension
    Yes
  • Metric Type
    general Learn more
  • API Endpoint
    https://quickbooks.api.intuit.com/v3/company/{realmId}/reports/ItemSales

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