The Income (Accrual) by Category metric shows the total amount of revenue earned in a given period, categorized by various income sources such as sales, services, or fees. This metric uses accrual accounting, which records revenue when it's earned, regardless of when payment is actually received.
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Used to show comparisons between values.
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) by Category using Databox, follow these steps:
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.
The Paid Invoices metric in QuickBooks tracks the total amount of money received from customers against the invoices that you have marked as paid.
Expenses (Accrual) metric tracks all expenses incurred by the company, regardless of whether the payment has been made or not. It includes the expenses that are due but not yet paid, allowing businesses to accurately record their financial obligations and track their cash flow.
The Other Expenses (Accrual) by Category metric tracks the total amount of expenses incurred in non-standard categories that are not related to the daily operations of a company.
Gross Profit Margin (Accrual) is a metric that shows the amount of revenue left over after deducting the direct cost of goods sold, and it's calculated by dividing the gross profit by total revenue.
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.
COGS (Accrual) by Product calculates the total cost of goods sold (COGS) for each product sold by a business. This metric helps to analyze profitability and optimize pricing strategies.
This metric shows the net cash used or received from investing activities like buying or selling assets, helping a business assess its investment performance in QuickBooks.
This metric shows the net cash from financing activities—such as issuing debt, repaying loans, and paying dividends—highlighting changes in a business's capital structure.