The Creditors metric in Xero tracks the amount of money a business owes to its suppliers or vendors for goods or services received but not yet paid. It helps monitor the company's financial liability and cash flow management.
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 Creditors using Databox, follow these steps:
This dashboard provides insights into net cash flow, bank balances, cash inflows and outflows, and key cash flow metrics like days payable/receivable and outstanding payments. It helps businesses monitor liquidity and optimize financial planning.
This report gives a snapshot of financial results using Xero data on income, expenses, cash flow, balance sheet, and overall financials, supporting informed financial decisions.
Operating Expenses by Subtype is a financial metric that categorizes operating expenses by subtype, allowing businesses to track and analyze their expenses by type. This metric helps businesses identify areas where costs can be reduced or optimized, and can be used to create budgets and forecasts.
The Opening Cash Balance by Bank Account metric in Xero is a report that displays the balance of each bank account at the beginning of a specified financial period. It provides a snapshot of the account balances before any transactions for the selected period have been entered into Xero.
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.
The Current Cash and Cash Equivalents by Asset metric is a financial measure that shows the amount of liquid assets available to a company to pay its debts and obligations in the short term.
Liabilities is a financial metric that shows the total amount of obligations owed by a business to creditors and other parties, including loans, accounts payable, and accrued expenses.
The Draft Invoices metric in Xero refers to the number of invoices that have been created but not yet finalized. It measures the efficiency of the invoicing process and helps ensure that all invoices are accurately and promptly sent to clients for payment.
The Overdue Payments by Contact metric in Xero shows a list of customers or suppliers who have outstanding unpaid invoices beyond their due date, helping businesses stay on top of their overdue payments.
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