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.
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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 Average Price (Cash) by Product using Databox, follow these steps:
Total Expenses (Accrual) by Subcategory is a metric that shows the aggregate amount of expenses incurred by each subcategory in a business. It helps track and analyze spending patterns within specific expense categories for better financial management.
The Other Expenses (Accrual) by Category metric tracks the total amount of expenses incurred in non-standard categories that are not related to the daily operations of a company.
Other Income (Cash) is a financial metric in QuickBooks that represents the money earned from sources other than the primary business operations, such as interest income, rental income, or gains from the sale of assets.
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.
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.
COGS (Accrual) by Product calculates the total cost of goods sold (COGS) for each product sold by a business. This metric helps to analyze profitability and optimize pricing strategies.
Percentage of Sales by Product metric shows the contribution of each product to the total sales of a business, expressed as a percentage.
Net Profit Margin (Cash) shows the percentage of net cash profit remaining after cash expenses, interest, and taxes, highlighting a business's actual cash profitability in QuickBooks.