The Profit and Loss by Subtype metric in Xero allows users to view their company's profit and loss broken down by specific subcategories, providing a detailed analysis of the financial performance of each area of the business.
With Databox you can track all your metrics from various data sources in one place.
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 Profit and Loss by Subtype using Databox, follow these steps:
The Budget Summary by Type metric provides a breakdown of budgeted amounts for income and expenses by category type.
The Cash Received by Bank Account metric tracks the total amount of cash received by a specific bank account over a given period of time. It includes all payments, deposits, and other sources of revenue that have been credited to the account.
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.
Closing Cash 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.
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.
Assets to Liabilities metric is a financial ratio used to determine a company's ability to pay off its debts with its assets. Higher ratio indicates better financial health.
Inventory is the value of goods or materials that a business has on hand and is ready to sell or use in its operations.
Cost of Sales is a financial metric that calculates the sum of all costs incurred in the production or sale of goods or services. This metric helps businesses understand their overall expenses and monitor changes in their cost structure over time. By tracking this metric, businesses can identify areas where costs can be reduced or optimized, and make informed decisions about their pricing, production, and sales strategies.