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QuickBooks Net Income (Accrual)

Net Income (Accrual) measures the profitability of a business based on earned revenue and incurred expenses, regardless of when cash transactions occurred.

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Net Income (Accrual) 2.190,879 Start tracking this metric
  • About
  • Technical Details
What is "Net Income (Accrual)"?
Net Income (Accrual) represents the difference between a business's revenues and expenses during an accounting period, regardless of whether cash has been received or paid out. This metric takes into account all transactions that have been incurred, whether or not they have been paid for, using the accrual accounting method. It provides a better understanding of a business's profitability by including revenue and expenses that have been earned or incurred but not yet received or paid out in cash.
Example: A company can use Net Income (Accrual) to calculate their profits or losses for a given timeframe, such as a quarter or fiscal year, which can inform future business decisions and strategies.

Visualizations

  • Databox visualization

    Number

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

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

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Scorecards

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Metric Digest

Receive detailed weekly performance updates
Metric Builder

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Data Calculations

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Performance Screen

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

General

  • Description
    Net Income (Accrual) measures the profitability of a business based on earned revenue and incurred expenses, regardless of when cash transactions occurred.
  • 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

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