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.
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 Other Income using Databox, follow these steps:
Xero’s dashboard template provides you with insights about cash flow, bank accounts, sales and expenses entered in Xero to stay on top of your business.
Closing balance is the amount remaining in a Xero account at the end of a period and is calculated by subtracting total expenses and withdrawals from total deposits and income.
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.
Current Assets to Liabilities metric compares the amount of short-term resources available to a company to meet its current obligations. It is a measure of liquidity and financial health.
Revenue by Code is a financial metric that analyzes a company's revenue streams by code (chart of accounts) to better understand which products or services generate the most revenue and enable informed decisions about pricing, marketing, and resource allocation.
The Quotes Declined metric measures the number or percentage of quotes that were rejected or turned down by potential customers.
The Quotes Invoiced metric measures the total value of quotes that have been converted to invoices within a specific time period in Xero accounting software.