The Open Balance by Vendor metric shows the total amount of unpaid invoices and bills for each vendor, which is essential for managing accounts payable and maintaining positive vendor relationships.
With Databox you can track all your metrics from various data sources in one place.
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 Open Balance by Vendor using Databox, follow these steps:
Total Expenses (Accrual) by Subcategory is a metric that shows the aggregate amount of expenses incurred by each subcategory in a business. It helps track and analyze spending patterns within specific expense categories for better financial management.
The Unpaid Expenses (Bills) Amount by Vendor metric displays the total amount of outstanding bills owed to specific vendors in QuickBooks.
Cost of Goods Sold (Cash) is a financial metric that calculates the direct costs incurred in producing goods or services sold during a specific period, reflecting the cash outflows related to inventory, manufacturing, and raw materials.
The Cost of Goods Sold (Accrual) by Category metric helps track the total cost of goods sold for each category, providing insights into the profitability of different product categories.
Assets in QuickBooks refer to the resources that a company owns and can use to generate revenue. These include cash, accounts receivable, inventory, and property. Assets are important because they show a company's financial strength and ability to generate income.
EBIT Growth (Accrual) measures the percentage change in earnings before interest and taxes (EBIT) from cash transactions, over different periods.
Fixed Assets (Cash) tracks the cash used for purchasing and maintaining long-term physical assets, helping businesses monitor capital expenditures in QuickBooks.
This metric shows the total cash balance on business credit cards, reflecting all cash transactions to help reconcile statements and manage credit liabilities in QuickBooks.