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.
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.
Total Expenses (Accrual) by Subcategory is a metric that shows the aggregate amount of expenses incurred by each subcategory in a business. It helps track and analyze spending patterns within specific expense categories for better financial management.
Gross Profit (Accrual) is a financial metric that calculates the profit a company earns after deducting the cost of goods sold and adjusting for accrued expenses and revenue, regardless of whether or not the money has exchanged hands.
Balance by Credit Cards is a financial metric in QuickBooks that shows the total amount owed on credit cards as of a given date, including both current and past due balances.
The Balance by Bank Accounts metric is a financial measure that displays the total amount of money available in each bank account in your QuickBooks software.
Gross Profit Growth (Accrual) measures the change in cash-based gross profit from one period to the next. It is found by subtracting the cost of goods sold (COGS) from total revenue and then comparing this figure between two periods.
EBIT Growth (Accrual) measures the percentage change in earnings before interest and taxes (EBIT) from cash transactions, over different periods.
The Amount by Product metric refers to the total amount of revenue generated by each product sold in your business. It helps you identify your best-performing products and make data-driven decisions to optimize your sales strategy.