Net Other Income (Accrual) is a financial metric that represents the profit or loss generated through various non-operating activities, such as interest income, dividend income, rent income, and gains from the sale of assets.
With Databox you can track all your metrics from various data sources in one place.
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 Other Income (Accrual) using Databox, follow these steps:
Expenses (Cash) metric in QuickBooks tracks all the cash spent for business transactions or purchases made, providing an accurate reflection of the true cash flow of the company.
The Paid Sales Receipts Amount metric refers to the total amount of sales receipts that have been marked as paid in QuickBooks, indicating how much revenue has already been collected.
The Other Income (Accrual) by Category metric tracks the earnings from non-primary business activities, categorized for easy analysis and accounting.
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.
Current Liabilities measures the amount of money a company owes for debts that are due within a year, such as loans, accounts payable and taxes.
Gross Profit Growth (Accrual) measures the change in cash-based gross profit from one period to the next. It is found by subtracting the cost of goods sold (COGS) from total revenue and then comparing this figure between two periods.
The Quantity by Product metric indicates how much of a particular item has been sold over a given period of time and helps businesses make informed decisions regarding inventory management and purchasing.