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QuickBooks Income (Accrual)

The Income (Accrual) metric in QuickBooks refers to the amount of revenue earned by a business through the accrual accounting method, which recognizes revenue when it is earned but not yet received.

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Income (Accrual) 2.190,879 Start tracking this metric
  • About
  • Technical Details
  • Notes
What is "Income (Accrual)"?
The Income (Accrual) metric in QuickBooks refers to the revenue earned by a business during a specific period of time, regardless of when the payment is received. This means that even if a customer has not yet paid for a service or product, the revenue is still recognized as it is accrued. The Income (Accrual) metric is useful for businesses that use an accrual accounting method, which records transactions as they occur, rather than when the payment is received. This helps provide a more accurate picture of a business's financial health by including all revenue earned during a period, regardless of payment status.
Example: A business records revenue for services provided in January but does not receive payment until February. The Income (Accrual) metric tracks this revenue in January rather than February when the payment is received.

Visualizations

  • Databox visualization

    Number

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

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

General

  • Description
    The Income (Accrual) metric in QuickBooks refers to the amount of revenue earned by a business through the accrual accounting method, which recognizes revenue when it is earned but not yet received.
  • Category
    Accounting
  • Subcategory
    Income
  • Date Added
    2016-05-20

Specification

  • Metric Type
    general
  • Dimensional
    No
  • Decimal Digits
    Yes
  • Currency Units
    Yes
  • Granularities
    Daily, weekly, monthly, yearly, quarterly and all-time.
  • Custom Relative Periods
    Yes
  • Data Availability
    At sync, it ranges from 3 year ago to 1 year.
  • Retroactive Data Updates
    Existing data is purged in favor of the most recent synced data.
  • Future Data Available
    Yes

Visualization

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

  • Missing data for Quickbooks metric ‘Income’

    Quickbooks Metric ‘Income’ might not return any values in Databox if its renamed in the connected Quickbooks account (for example to ‘Revenue’ or ‘Total Revenue’).
    The following setup should be applied in the Quickbooks account under ‘Account and Settings’: Company type should be set to Not sure/Other/None (Databox does not support syncing data for the Non-Profit Company type account setting), and industry should be left blank (this needs to be done at least for the non-profit entities).
    With these settings, the report subtitles will automatically be set as ‘Income’ and ‘Total Income’, and Databox will sync data for the metric as expected.

  • Missing data for Quickbooks metric ‘Income’

    Quickbooks Metric ‘Income’ might not return any values in Databox if its renamed in the connected Quickbooks account (for example to ‘Revenue’ or ‘Total Revenue’).
    The following setup should be applied in the Quickbooks account under ‘Account and Settings’: Company type should be set to Not sure/Other/None (Databox does not support syncing data for the Non-Profit Company type account setting), and industry should be left blank (this needs to be done at least for the non-profit entities).
    With these settings, the report subtitles will automatically be set as ‘Income’ and ‘Total Income’, and Databox will sync data for the metric as expected.

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