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QuickBooks Gross Profit Growth (Accrual)

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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Gross Profit Growth (Accrual) 2.190,879 Start tracking this metric
  • About
  • Tech details
What is "Gross Profit Growth (Accrual)"?
Gross Profit Growth (Accrual) measures the change in a company's cash gross profit over time, calculated by the growth rate of gross profit between periods. It reflects operational efficiency and profitability, where an increase suggests better efficiency or pricing power, and a decrease may indicate cost or pricing issues. This metric is key for strategic business decisions.
Example: If a company's gross profit was $150,000 last year and $180,000 this year, the Gross Profit Growth (Cash) would be calculated as (($180,000 - $150,000) / $150,000) * 100 = 20%, indicating a 20% increase in gross profit.

Visualizations

  • Databox visualization

    Number

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

How to track Gross Profit Growth (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 Growth (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 Growth (Accrual) on the Performance screen
  6. 6
    Get Gross Profit Growth (Accrual) performance daily with Scorecards or as a weekly digest
  7. 7
    Set Goals to track and improve performance of Gross Profit Growth (Accrual)
Goals

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Metric Digest

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Basics

  • Description
    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.
  • Category
    Accounting
  • Date Added
    2016-05-20
  • Default Format
    Percentage
  • Cumulative Support
    No
  • Units
    No
  • Granularities
    daily, weekly, monthly, quarterly, yearly, 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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