DataboxDatabox Databox

QuickBooks Total Expenses (Accrual)

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.

Total Expenses (Accrual) 2.190,879 Start tracking this metric
  • About
  • Tech details
  • Notes
What is "Total Expenses (Accrual)"?
Total Expenses (Accrual) is a financial metric in QuickBooks that records all expenses incurred by a company, including those that haven't been paid yet. This metric takes into account expenses such as salaries, inventory, utilities, and rent that are accrued but not necessarily paid in the current accounting period. It provides a snapshot of the total amount of money that a company has committed to paying for its operations, regardless of when those expenses are due. This metric is essential for budgeting and forecasting purposes and helps business owners to understand the overall financial health of their company.
Example: Total Expenses (Accrual) can be used to calculate the total amount of expenses incurred by a company over a certain period of time, including those that have not yet been paid or received invoices for.

Visualizations

  • Databox visualization

    Number

    Used to show a simple Metric or to draw attention to one key number.

How to track Total Expenses (Accrual) 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 Total Expenses (Accrual) using Databox, follow these steps:

  1. 1
    Connect QuickBooks that contains the metric you want to track
  2. 2
    Select the metric you want to track from the list of available metrics
  3. 3
    Drag and drop the selected metric onto your dashboard
  4. 4
    Watch your dashboard populate in seconds
  5. 5
    Put Total Expenses (Accrual) on the Performance screen
  6. 6
    Get Total Expenses (Accrual) performance daily with Scorecards or as a weekly digest
  7. 7
    Set Goals to track and improve performance of Total Expenses (Accrual)
Goals

Set Goals to track and improve your performance
Scorecards

Get your daily progress every morning with Scorecards
Metric Digest

Receive detailed weekly performance updates
Metric Builder

Built your own custom metrics with Metric Builder
Data Calculations

Set Goals to track and improve your performance
Performance Screen

Get instant insights into your top-performing metrics
QuickBooks integration with Databox Track Total Expenses (Accrual) from QuickBooks in Databox GET STARTED

Basics

  • Description
    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.
  • Category
    Accounting
  • Subcategory
    Expenses
  • Date Added
    2016-05-20
  • Default Format
    PrefixCurrency
  • Cumulative Support
    Yes
  • Units
    Yes
  • Granularities
    daily, weekly, monthly, yearly, quarterly, allTime
  • Favorable Trend
    decreasing
  • Historical Data
    Yes
  • Changing historical data
    Yes
  • Forecast Support
    Yes
  • Benchmark Support
    Yes
  • Media Support
    No
  • Dimension
    N/A
  • Metric Type
    general Learn more
  • API Endpoint
    https://quickbooks.api.intuit.com/v3/company/{realmId}/reports/ProfitAndLoss

  • Data discrepancy for QuickBooks metric ‘Total Expenses’

    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.

Related Metrics

Track all of your key business metrics from one screen

GET STARTED
Databox app preview