Total Expenses (Accrual) metric represents the total expenses recorded by a company during a specific period, including incurred expenses that have not yet been paid. It is an important measure of a company's profitability and financial health.
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 Total Expenses (Accrual) using Databox, follow these steps:
Databox pulls values for ‘Total Expenses’ metric from the Profit and Loss report and Vendor Expenses report, which are accessible in QuickBooks under Reports.
Users might notice discrepancies if they are comparing values for the ‘Total Expenses’ metric with values in QuickBooks under Dashboard → Business Overview (sum of expenses and costs). This is because the Business Overview Dashboard in QuickBooks aggregates both the Cost of Goods Sold and Expenses into the Total Expenses amount without a detailed breakdown. To see this value in Databox, users should create a Calculated metric that sums the values of ‘Total Expenses’ and ‘Cost of Goods Sold’ metrics.
Paid Bills Amount metric shows the total amount of bills paid by a company in a given period. It helps to track expenses and manage cash flow.
The Unpaid Expenses (Bills) Amount by Vendor metric displays the total amount of outstanding bills owed to specific vendors in QuickBooks.
Other Expenses (Cash) by Category metric categorizes and tracks all cash outflows not included in other expense categories. It helps analyze and monitor miscellaneous expenses incurred by the business.
The Balance metric refers to the difference between the total assets and total liabilities of a company at a given point in time. It indicates the financial position of the company and its ability to meet its financial obligations.
Current Assets refer to the resources that are likely to be turned into cash in only one year or less. Examples include cash, inventory, accounts receivable, and prepaid expenses. It is a critical metric for evaluating a company's liquidity and ability to meet short-term obligations.
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.
EBIT Growth (Accrual) measures the percentage change in earnings before interest and taxes (EBIT) from cash transactions, over different periods.
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.