The Budget Summary by Type metric provides a breakdown of budgeted amounts for income and expenses by category type.
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Used to show comparisons between values.
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 Budget Summary by Type using Databox, follow these steps:
Total Expenses (Budget) is a financial metric that represents the total amount of money allocated for expenses during a specific period, as planned or forecasted in the budget. It helps to monitor the actual expenses and ensure that they align with the company's financial goals and objectives.
The Cash Spent by Bank Account metric shows the total amount of cash that has been spent or paid out from a specific bank account within a certain period of time.
Direct Costs metric refers to the expenses incurred specifically for the production of goods or services. These costs are directly tied to the production process and can include raw materials, labor costs, and other expenses directly related to production. #Xero #DirectCosts
Other Income is a revenue source recorded in Xero that is not derived from a business's primary activity or core operations. It includes proceeds from one-time events, investments, or sale of assets.
Gross Profit Margin is a financial metric that measures how much profit a company makes after deducting the cost of goods sold from its revenue.
The Quotes Sent metric tracks the number of quotes or estimates sent to potential customers, providing insights into sales activity and potential revenue.
Quotes Declined Value is a metric showing the total value of customer quotes that were rejected or declined, indicating potential issues in sales strategies and areas for improvement.
The Quotes Accepted Value metric measures the total value of quotes that have been accepted by customers, providing insight into the effectiveness of sales efforts.