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QuickBooks Income (Accrual) by Subcategory

The Income (Accrual) by Subcategory metric shows a breakdown of the revenue earned by each subcategory in a business, based on the accrual accounting method.

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Income (Accrual) by Subcategory 2.190,879 Start tracking this metric
  • About
  • Technical Details
  • Notes
What is "Income (Accrual) by Subcategory"?
The Income (Accrual) by Subcategory metric shows the total revenue earned by subcategories of products or services sold, recorded on an accrual basis. This metric allows businesses to identify which areas are generating the most income and where they can potentially shift their focus for greater profitability. By analyzing this metric, businesses can make informed decisions about pricing strategies, marketing efforts, and product offerings to improve their overall revenue performance.
Example: The Income (Accrual) by Subcategory metric helps track revenue generated from product sales vs. services rendered. For a tech company, it could show revenue from software sales versus consulting services.

Visualizations

  • Databox visualization

    Bar and Line Chart

    Used to show comparisons between values.

How to track Income (Accrual) by Subcategory 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) by Subcategory 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) by Subcategory on the Performance screen
  6. 6
    Get Income (Accrual) by Subcategory performance daily with Scorecards or as a weekly digest
  7. 7
    Set Goals to track and improve performance of Income (Accrual) by Subcategory
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Metric Digest

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Data Calculations

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QuickBooks integration with Databox Track Income (Accrual) by Subcategory from QuickBooks in Databox GET STARTED

General

  • Description
    The Income (Accrual) by Subcategory metric shows a breakdown of the revenue earned by each subcategory in a business, based on the accrual accounting method.
  • Category
    Accounting
  • Subcategory
    Income
  • Date Added
    2016-05-20

Specification

  • Metric Type
    general
  • Dimensional
    Yes
  • 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
    No

  • 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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