The Balance metric refers to the difference between the total assets and total liabilities of a company at a given point in time. It indicates the financial position of the company and its ability to meet its financial obligations.
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 Balance (Accrual) using Databox, follow these steps:
In order for a Bank Account from Quickbooks to be visible in metrics in Databox, the Bank Account must be visible in the Balance Sheet report in Quickbooks under the Assets > Current Assets > Bank Accounts tree.
This metric shows a list of customers who have unpaid invoices past their due date, helping you stay on top of overdue payments and improve cash flow management.
Total Expenses (Accrual) metric represents the total expenses recorded by a company during a specific period, including incurred expenses that have not yet been paid. It is an important measure of a company's profitability and financial health.
Paid Bills Amount metric shows the total amount of bills paid by a company in a given period. It helps to track expenses and manage cash flow.
Other Income (Accrual) is a financial metric that tracks non-operating revenue recognized on an accrual basis, such as interest income, rental income, or gains from the sale of assets. It represents additional sources of income that are not derived from a company's main business operations.
Gross Profit (Cash) is a financial metric that calculates the amount of money a business earns after deducting the cost of goods sold. It represents the profit a company generates from its core business operations before factoring in other expenses.
Current Assets refer to the resources that are likely to be turned into cash in only one year or less. Examples include cash, inventory, accounts receivable, and prepaid expenses. It is a critical metric for evaluating a company's liquidity and ability to meet short-term obligations.
EBIT (Cash) reflects a company's earnings before interest and taxes, derived from cash transactions. It's determined by subtracting operating expenses from gross profit.