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.
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.
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.
Net Other Income (Accrual) is a financial metric that represents the profit or loss generated through various non-operating activities, such as interest income, dividend income, rent income, and gains from the sale of assets.
Other Expenses (Cash) represents any miscellaneous expenses that are not categorized under any specific category in the cash flow statement.
The Other Expenses (Cash) by Subcategory metric provides a breakdown of various expenses incurred by a business other than the major expense categories.
Income (Cash) is a financial metric that measures the amount of actual cash received by a business during a specific period from sales, services, or other sources. It does not include non-cash revenues or expenses.
Liabilities are financial obligations or debts owed by a business to creditors, suppliers, or other entities. It includes short-term, long-term, and contingent liabilities and is a measure of a company's financial obligations that must be paid in the future.
Gross Profit Growth (Cash) 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.