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QuickBooks
Liabilities (Accrual)
Liabilities are financial obligations or debts owed by a business to creditors, suppliers, or other entities. It includes short-term, long-term, and contingent liabilities and is a measure of a company's financial obligations that must be paid in the future.
With Databox you can track all your metrics from various data sources in one place.
- About
- Technical Details
What is "Liabilities (Accrual)"?
Liabilities are the debts and other financial obligations of a company that are due to be paid in the future. These can include loans, accounts payable, taxes owed, and other liabilities. The Liabilities metric in QuickBooks tracks the amount of these obligations that the company has and helps businesses manage their finances by providing insight into their current financial position and their ability to meet their obligations. By keeping track of their liabilities, businesses are better equipped to make informed decisions about their financial health and take steps to improve it.
Example: A company owes $10,000 in unpaid bills to vendors and $5,000 in taxes to the government, both of which are recorded in the Liabilities account of their balance sheet in QuickBooks.
Visualizations
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Number
Used to show a simple Metric or to draw attention to one key number.
How to track Liabilities (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 Liabilities (Accrual) using Databox, follow these steps:
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1Connect QuickBooks that contains the metric you want to track
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2Select the metric you want to track from the list of available metrics
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3Drag and drop the selected metric onto your dashboard
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4Watch your dashboard populate in seconds
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5Put Liabilities (Accrual) on the Performance screen
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6Get Liabilities (Accrual) performance daily with Scorecards or as a weekly digest
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7Set Goals to track and improve performance of Liabilities (Accrual)
GoalsSet Goals to track and improve your performance
ScorecardsGet your daily progress every morning with Scorecards
Metric DigestReceive detailed weekly performance updates
Metric BuilderBuilt your own custom metrics with Metric Builder
Data CalculationsSet Goals to track and improve your performance
Performance ScreenGet instant insights into your top-performing metrics
General
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DescriptionLiabilities are financial obligations or debts owed by a business to creditors, suppliers, or other entities. It includes short-term, long-term, and contingent liabilities and is a measure of a company's financial obligations that must be paid in the future.
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CategoryAccounting
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SubcategoryLiabillities
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Date Added2016-05-20
Specification
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Metric Typegeneral
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DimensionalNo
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Decimal DigitsYes
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Currency UnitsYes
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GranularitiesDaily, weekly, monthly, yearly, quarterly and all-time.
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Custom Relative PeriodsYes
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Data AvailabilityAt sync, it ranges from 36 months ago midnight to now.
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Retroactive Data UpdatesExisting data is purged in favor of the most recent synced data.
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Future Data AvailableNo
Visualization
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Default FormatPrefixCurrency
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Cumulative GraphNo
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Favorable Trendincreasing
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Media CreativesNo
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ForecastsYes
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BenchmarksYes
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