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QuickBooks Gross Profit (Accrual)

Gross Profit (Accrual) is a financial metric that calculates the profit a company earns after deducting the cost of goods sold and adjusting for accrued expenses and revenue, regardless of whether or not the money has exchanged hands.

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

Gross Profit (Accrual) 2.190,879 Start tracking this metric
  • About
  • Tech details
What is "Gross Profit (Accrual)"?
Gross Profit (Accrual) is a financial metric that measures the profitability of a business by deducting the cost of goods sold from the revenue generated. This metric is calculated on an accrual basis, which means it takes into account all sales and expenses, regardless of when they were actually paid for. It reflects the profitability of a business in a given period, after accounting for the direct costs incurred in delivering products or services. Monitoring this metric over time can indicate trends in a business's profitability and help inform strategic decisions.
Example: A business owner wants to see the profit earned from selling a particular product after deducting the cost of goods sold, including any expenses incurred to make the sale. The Gross Profit (Accrual) metric helps calculate this.

Visualizations

  • Databox visualization

    Number

    Used to show a simple Metric or to draw attention to one key number.

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

Basics

  • Description
    Gross Profit (Accrual) is a financial metric that calculates the profit a company earns after deducting the cost of goods sold and adjusting for accrued expenses and revenue, regardless of whether or not the money has exchanged hands.
  • Category
    Accounting
  • Subcategory
    Profit
  • Date Added
    2016-05-20
  • Default Format
    PrefixCurrency
  • Cumulative Support
    Yes
  • Units
    Yes
  • Granularities
    daily, weekly, monthly, yearly, quarterly, allTime
  • Favorable Trend
    increasing
  • Historical Data
    Yes
  • Changing historical data
    Yes
  • Forecast Support
    Yes
  • Benchmark Support
    Yes
  • Media Support
    No
  • Dimension
    N/A
  • Metric Type
    general Learn more
  • API Endpoint
    https://quickbooks.api.intuit.com/v3/company/{realmId}/reports/ProfitAndLoss

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