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QuickBooks COGS (Accrual) by Product

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.

With Databox you can track all your metrics from various data sources in one place.

COGS (Accrual) by Product 2.190,879 Start tracking this metric
  • About
  • Technical Details
What is "COGS (Accrual) by Product"?
The Cost of Sales (COGS) by Product metric measures the total cost incurred to produce and sell a specific product. It includes the direct expenses such as materials, labor, and overhead costs. This metric helps businesses to understand the profitability of each product and make informed decisions about pricing, production, and inventory management. By comparing the COS by Product with the sales revenue, businesses can determine the gross profit margin for each product and identify areas where they can optimize their operations and increase profitability.
Example: COGS by Product can show the profitability of a specific product line or service offering in QuickBooks, helping a business identify which products or services are most profitable and adjust pricing or strategies accordingly.

Visualizations

  • Databox visualization

    Bar and Line Chart

    Used to show comparisons between values.

How to track COGS (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 COGS (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 COGS (Accrual) by Product on the Performance screen
  6. 6
    Get COGS (Accrual) by Product performance daily with Scorecards or as a weekly digest
  7. 7
    Set Goals to track and improve performance of COGS (Accrual) by Product
QuickBooks integration with Databox Track COGS (Accrual) by Product from QuickBooks in Databox GET STARTED

General

  • Description
    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.
  • Category
    Accounting
  • Date Added
    2016-05-20

Specification

  • Metric Type
    general
  • Dimensional
    Yes
  • Decimal Digits
    Yes
  • Currency Units
    Yes
  • Granularities
    Daily, weekly, monthly, quarterly, yearly and all-time.
  • Custom Relative Periods
    Yes
  • Data Availability
    At sync, it ranges from 36 months ago midnight to now.
  • Retroactive Data Updates
    Newly synced data is merged with existing data, replacing values for matching periods.
  • Future Data Available
    No

Visualization

  • Default Format
    PrefixCurrency
  • Cumulative Graph
    Yes
  • Favorable Trend
    increasing
  • Media Creatives
    No
  • Forecasts
    Yes
  • Benchmarks
    No

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