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
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 Direct Costs using Databox, follow these steps:
Gross Profit (Budget) is a financial metric that tracks the amount of revenue a company generates after deducting the cost of goods sold. It helps businesses assess their profitability by comparing the budgeted gross profit to actual results.
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 Closing Balance by Bank Account metric in Xero shows the total balance remaining in each of your linked bank accounts as of the end of the selected accounting period.
The Awaiting Payments Amount metric in Xero shows the total amount of outstanding invoices that have not yet been paid by customers. It helps businesses keep track of how much revenue is yet to be received, and which customers need to be chased for payment.
The Overdue Payments metric in Xero tracks the total amount of unpaid invoices that are past their due date, giving businesses insight into their outstanding receivables.
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.
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.
Short-term cash forecast predicts a company's cash inflows and outflows over a short period, usually a month or a quarter, to ensure they have enough liquidity.