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.
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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 Draft Invoices using Databox, follow these steps:
This metric displays the planned/estimated total expenses for a specific period, sorted by type of expense such as salaries, utilities, marketing, etc. It helps businesses track and control their spending by comparing actual expenses with the budgeted ones.
The Cash Received metric in Xero indicates the total amount of cash that a business has received within a specific period, such as a month or a quarter. It includes all cash payments from sales, accounts receivable, and other sources, providing an accurate measure of a company's cash flow.
The Purchase Orders by Contact metric in Xero measures the total number and value of purchase orders associated with each contact (e.g. vendor, supplier) in the system.
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 Income metric reflects the total revenue generated by a business during a specific period, including sales, services, and other sources of income.
Net Profit Margin is a financial metric that represents the percentage of profits earned from revenue after all expenses, including taxes and interest, are subtracted.
Average Debtors Days is a financial metric that measures how quickly a company can collect its accounts receivable. It is calculated by dividing the total amount of accounts receivable by the average daily sales, and the result represents the number of days it takes for a company to collect its outstanding debts.
The Quotes Sent metric tracks the number of quotes or estimates sent to potential customers, providing insights into sales activity and potential revenue.