Open Invoices is a metric that tracks the total amount of unpaid customer invoices that are outstanding in a QuickBooks account. It helps businesses easily monitor their accounts receivable and ensure timely payment collection.
With Databox you can track all your metrics from various data sources in one place.
Used to show a simple Metric or to draw attention to one key number.
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 Invoices using Databox, follow these steps:
Total Expenses (Cash) measures the amount of cash spent by a business during a specific period on all expenses including operating, administrative, and non-operating expenses.
Net Income (Cash) is the total profit earned by a business after deducting all expenses that have been paid in cash.
Net Income (Accrual) measures the profitability of a business based on earned revenue and incurred expenses, regardless of when cash transactions occurred.
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.
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.
The Income (Cash) by Subcategory metric shows the total cash received by subcategories of income, allowing you to understand the sources of your revenue.
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.
Liabilities are financial obligations or debts owed by a business to creditors, suppliers, or other entities. It includes short-term, long-term, and contingent liabilities and is a measure of a company's financial obligations that must be paid in the future.