Gross Profit Growth (Accrual) measures the change in cash-based gross profit from one period to the next. It is found by subtracting the cost of goods sold (COGS) from total revenue and then comparing this figure between two periods.
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To track Gross Profit Growth (Accrual) using Databox, follow these steps:
Open Invoices Amount by Customer indicates the total amount of unpaid customer invoices that are currently open and owed to the business. It is a key metric for monitoring cash flow and collections.
Total Expenses (Accrual) metric represents the total expenses recorded by a company during a specific period, including incurred expenses that have not yet been paid. It is an important measure of a company's profitability and financial health.
The Unpaid Expenses (Bills) by Vendor metric provides a snapshot of the outstanding bills owed to each vendor. This helps track payment obligations and ensure timely vendor payments.
Net Income (Accrual) measures the profitability of a business based on earned revenue and incurred expenses, regardless of when cash transactions occurred.
Other Expenses (Cash) represents any miscellaneous expenses that are not categorized under any specific category in the cash flow statement.
Net Operating Income (Cash) is a profitability metric that reflects the income generated by a business's operations after deducting operating expenses and taxes but before deducting interest and other non-operating expenses.
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.
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.