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.
Open Invoices Amount is a metric in QuickBooks that shows the total value of outstanding invoices that have not yet been paid by customers.
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.
The Paid Invoices metric in QuickBooks tracks the total amount of money received from customers against the invoices that you have marked as paid.
The Total Expenses (Accrual) by Category metric in QuickBooks measures the total amount of expenses accrued by category, including expenses not yet paid, allowing for a more comprehensive view of financial obligations and spending over time.
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.
Cost of Goods Sold (Cash) is a financial metric that calculates the direct costs incurred in producing goods or services sold during a specific period, reflecting the cash outflows related to inventory, manufacturing, and raw materials.
Displays current balances from linked bank and credit card accounts in QuickBooks, providing a complete snapshot of your financial position.
COGS (Accrual) by Product calculates the total cost of goods sold (COGS) for each product sold by a business. This metric helps to analyze profitability and optimize pricing strategies.