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:
Open Invoices Amount is a metric in QuickBooks that shows the total value of outstanding invoices that have not yet been paid by customers.
Total Expenses (Cash) by Category is a metric that shows the amount of money spent on each expense category in cash terms over a specific period in QuickBooks.
The Cost of Goods Sold (Accrual) metric represents the direct costs incurred in producing goods or services sold during a specific period.
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.
Other Income (Accrual) is a financial metric that tracks non-operating revenue recognized on an accrual basis, such as interest income, rental income, or gains from the sale of assets. It represents additional sources of income that are not derived from a company's main business operations.
Gross Profit Margin (Accrual) is a metric that shows the amount of revenue left over after deducting the direct cost of goods sold, and it's calculated by dividing the gross profit by total revenue.
Balance by Credit Cards is a financial metric in QuickBooks that shows the total amount owed on credit cards as of a given date, including both current and past due balances.
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.