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Xero
Bank Fees
The Bank fees metric tracks the charges levied by a company's bank for various services such as transaction fees, overdraft fees, and account maintenance fees.
With Databox you can track all your metrics from various data sources in one place.
- About
- Technical Details
What is "Bank Fees"?
The Bank Fees metric in Xero tracks the fees charged by banks for various transactions such as wire transfers, overdrafts, and account maintenance. It helps businesses keep track of the expenses associated with their banking activities and can provide insights into areas where they can potentially save money. The metric can also be used to reconcile bank statements and identify any discrepancies in fees charged by the bank.
Example: Example: Using the Bank fees metric in Xero, a company can analyze and understand the costs associated with their various bank accounts and potentially negotiate better fees or switch to a different bank to save money.
Visualizations
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Number
Used to show a simple Metric or to draw attention to one key number.
How to track Bank Fees 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 Bank Fees using Databox, follow these steps:
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1Connect Xero that contains the metric you want to track
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2Select the metric you want to track from the list of available metrics
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3Drag and drop the selected metric onto your dashboard
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4Watch your dashboard populate in seconds
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5Put Bank Fees on the Performance screen
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6Get Bank Fees performance daily with Scorecards or as a weekly digest
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7Set Goals to track and improve performance of Bank Fees
GoalsSet Goals to track and improve your performance
ScorecardsGet your daily progress every morning with Scorecards
Metric DigestReceive detailed weekly performance updates
Metric BuilderBuilt your own custom metrics with Metric Builder
Data CalculationsSet Goals to track and improve your performance
Performance ScreenGet instant insights into your top-performing metrics
General
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DescriptionThe Bank fees metric tracks the charges levied by a company's bank for various services such as transaction fees, overdraft fees, and account maintenance fees.
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CategoryAccounting
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SubcategoryFees
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Date Added2017-03-09
Specification
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Metric Typegeneral
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DimensionalNo
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Decimal DigitsYes
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Currency UnitsYes
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GranularitiesMonthly, quarterly and yearly.
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Custom Relative PeriodsYes
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Data AvailabilityAt sync, it ranges from 3 years ago to now.
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Retroactive Data UpdatesExisting data is purged in favor of the most recent synced data.
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Future Data AvailableNo
Visualization
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Cumulative GraphYes
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Favorable Trenddecreasing
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Media CreativesNo
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ForecastsYes
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BenchmarksYes
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HQ: Boston, MA, USA
Modern BI for teams that needs answers now
Databox Inc.
HQ: Boston, MA, USA
Modern BI for teams that needs answers now
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