This metric aggregates bank account balances using accrual accounting, factoring in outstanding transactions to give a comprehensive financial view in QuickBooks.
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 Bank Accounts (Accrual) using Databox, follow these steps:
Open Invoices is a metric that tracks the total amount of unpaid customer invoices that are outstanding in a QuickBooks account. It helps businesses easily monitor their accounts receivable and ensure timely payment collection.
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.
The Income (Accrual) by Category metric shows the total amount of revenue earned in a given period, categorized by various income sources such as sales, services, or fees. This metric uses accrual accounting, which records revenue when it's earned, regardless of when payment is actually received.
Gross Profit Margin (Cash) is a financial metric that measures how much money a company is earning from its sales after accounting for the cost of goods sold, taking into account cash transactions.
This metric categorizes accrual-based current assets—like receivables and prepaid expenses—into groups, giving a clear view of short-term asset allocation in QuickBooks.
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.
Net cash provided by Financing activities is the total amount of cash received from or used in financing activities, including debt and equity transactions, during a specified period of time.
This metric records long-term debt on an accrual basis, capturing incurred obligations and interest in QuickBooks regardless of cash movement.