Displays current balances from linked bank and credit card accounts in QuickBooks, providing a complete snapshot of your financial position.
With Databox you can track all your metrics from various data sources in one place.
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 Balance by Bank Accounts & Credit Cards (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.
The Refunds metric in QuickBooks is a measurement of the total amount of money refunded to customers during a specific time period. It's an important metric to track to evaluate the effectiveness of your refund policy and customer satisfaction with your products or services.
The Total Expenses (Cash) by Subcategory metric calculates the sum of all cash expenditures within each subcategory, providing a breakdown of how expenses are allocated across different expense types.
Income (Cash) is a financial metric that measures the amount of actual cash received by a business during a specific period from sales, services, or other sources. It does not include non-cash revenues or expenses.
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.
Current Liabilities measures the amount of money a company owes for debts that are due within a year, such as loans, accounts payable and taxes.
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.
Equity (Cash) represents the cash part of owners' equity—combining contributions, retained earnings, and inflows less distributions—to gauge liquidity in QuickBooks.
Equity (Accrual) measures a business's net worth on an accrual basis, including both cash and non-cash items, to reflect long-term financial health in QuickBooks.