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QuickBooks Open Balance by Vendor

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.

Open Balance by Vendor 2.190,879 Start tracking this metric
  • About
  • Technical Details
What is "Open Balance by Vendor"?
The Open Balance by Vendor metric in QuickBooks tracks the outstanding balance owed to each vendor for goods and services that have been received but not yet paid for. It helps you stay on top of your accounts payable by providing a snapshot of how much you owe to each vendor at any given time. This metric allows you to investigate any discrepancies and prioritize payments to vendors to maintain positive relationships and avoid late fees.
Example: Example: You can use Open Balance by Vendor metric to identify how much money your business owes to each of its vendors currently.

Visualizations

  • Databox visualization

    Bar and Line Chart

    Used to show comparisons between values.

How to track Open Balance by Vendor 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 Open Balance by Vendor 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 Open Balance by Vendor on the Performance screen
  6. 6
    Get Open Balance by Vendor performance daily with Scorecards or as a weekly digest
  7. 7
    Set Goals to track and improve performance of Open Balance by Vendor
QuickBooks integration with Databox Track Open Balance by Vendor from QuickBooks in Databox GET STARTED

General

  • Description
    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.
  • Category
    Accounting
  • Subcategory
    Expenses
  • Date Added
    2016-05-20

Specification

  • Metric Type
    current
  • Dimensional
    Yes
  • Decimal Digits
    No
  • Currency Units
    Yes
  • Granularities
    Daily, weekly, monthly, yearly, quarterly and all-time.
  • Custom Relative Periods
    Yes
  • Data Availability
    At sync, it ranges from now to now.
  • Retroactive Data Updates
    Newly synced data is merged with existing data, replacing values for matching periods.
  • Future Data Available
    No

Visualization

  • Default Format
    PrefixCurrency
  • Cumulative Graph
    No
  • Favorable Trend
    decreasing
  • Media Creatives
    No
  • Forecasts
    Yes
  • Benchmarks
    No

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