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.
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 Gross Profit (Accrual) using Databox, follow these steps:
The Paid Invoices Amount by Customer metric shows the total amount paid by each customer for the selected time period in QuickBooks. It helps track customer payments, inform future invoicing, and enables business owners to judge customer value.
This metric shows the total amount of expenses (accrued) paid to each vendor within a specific period.
The Income (Cash) by Category metric in QuickBooks shows the total revenue received within a specific category over a selected time period, providing a clear picture of the sources of income for a business.
The Balance by Bank Accounts metric is a financial measure that displays the total amount of money available in each bank account in your QuickBooks software.
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.
This metric segments cash-based short-term liabilities into subcategories (e.g., payables, accrued expenses), offering detailed insight into immediate obligations in QuickBooks.
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.
Ending Cash Balance is the final cash available after all transactions, key for liquidity assessment and accurate bank reconciliation in QuickBooks.