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QuickBooks
Refunds
The Refunds metric in QuickBooks is a measurement of the total amount of money refunded to customers during a specific time period. It's an important metric to track to evaluate the effectiveness of your refund policy and customer satisfaction with your products or services.
With Databox you can track all your metrics from various data sources in one place.
- About
- Technical Details
What is "Refunds"?
The Refunds metric in QuickBooks tracks the amount of money refunded to customers for returned or cancelled products or services. It provides insights into the frequency and value of refunds issued by your business, allowing you to monitor the overall health of your company's financial position and identify potential areas for improvement in customer satisfaction or product quality.
Example: Example: A business owner can track the Refunds metric to determine the total dollar amount refunded to customers in a given period, helping them identify and address any product or service quality issues.
Visualizations
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Number
Used to show a simple Metric or to draw attention to one key number.
How to track Refunds 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 Refunds using Databox, follow these steps:
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1Connect QuickBooks that contains the metric you want to track
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2Select the metric you want to track from the list of available metrics
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3Drag and drop the selected metric onto your dashboard
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4Watch your dashboard populate in seconds
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5Put Refunds on the Performance screen
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6Get Refunds performance daily with Scorecards or as a weekly digest
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7Set Goals to track and improve performance of Refunds
GoalsSet Goals to track and improve your performance
ScorecardsGet your daily progress every morning with Scorecards
Metric DigestReceive detailed weekly performance updates
Metric BuilderBuilt your own custom metrics with Metric Builder
Data CalculationsSet Goals to track and improve your performance
Performance ScreenGet instant insights into your top-performing metrics
General
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DescriptionThe Refunds metric in QuickBooks is a measurement of the total amount of money refunded to customers during a specific time period. It's an important metric to track to evaluate the effectiveness of your refund policy and customer satisfaction with your products or services.
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CategoryAccounting
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SubcategoryRefunds
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Date Added2016-05-20
Specification
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Metric Typegeneral
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DimensionalNo
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Decimal DigitsYes
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Currency UnitsYes
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GranularitiesDaily, weekly, monthly, quarterly and yearly.
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Custom Relative PeriodsYes
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Data AvailabilityAt sync, it ranges from 36 months ago midnight to now.
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Retroactive Data UpdatesExisting data is purged in favor of the most recent synced data.
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Future Data AvailableYes
Visualization
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Default FormatPrefixCurrency
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Cumulative GraphYes
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Favorable Trenddecreasing
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Media CreativesNo
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ForecastsYes
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BenchmarksYes
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