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:
The Paid Invoices Amount by Customer metric shows the total amount paid by each customer for the selected time period in QuickBooks. It helps track customer payments, inform future invoicing, and enables business owners to judge customer value.
The Unpaid Expenses (Bills) by Vendor metric provides a snapshot of the outstanding bills owed to each vendor. This helps track payment obligations and ensure timely vendor payments.
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.
Net Operating Income (Accrual) is a measure of a company's profitability that subtracts operating expenses from operating revenues in a specific time period, regardless of when the cash is received or paid out.
Gross Profit Margin (Cash) is a financial metric that measures how much money a company is earning from its sales after accounting for the cost of goods sold, taking into account cash transactions.
This metric categorizes cash-based short-term liabilities in QuickBooks, providing clear insight into immediate cash obligations for effective liquidity and financial management.
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.
Net Profit Margin (Cash) shows the percentage of net cash profit remaining after cash expenses, interest, and taxes, highlighting a business's actual cash profitability in QuickBooks.