Profit and Loss by Type shows the profitability of your business by categorizing income and expenses into specific types like sales, cost of goods sold, and operating expenses.
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 Type using Databox, follow these steps:
The Xero Profit & Loss (P&L) Overview dashboard provides a detailed view of income, expenses, gross profit, and net profit trends. It includes net profit breakdowns by type and visual comparisons of revenue vs. expenses over time.
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.
Net profit is the amount of revenue a business earns after deducting all expenses, including taxes and interest. It reflects a company's overall profitability and is a key measure of financial success.
Total Operating Expenses (Budget) is a financial metric that represents the total estimated amount of money a company plans to spend on its operating expenses over a given period, with the purpose of controlling and predicting costs in the short and long term.
Total Cost of Sales (Budget) is the projected amount of direct costs incurred to produce goods or services that are sold during a specific period. This includes materials, labor, and overhead expenses. It helps businesses track and manage their expenses related to sales in a budgeted period.
The Closing Cash 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 Outstanding Payments by Contact metric in Xero shows the total amount of unpaid invoices and bills for each contact or customer, which can help businesses manage their cash flow and prioritize collection efforts.
Overdue Payments Amount refers to the total outstanding payments owed to your business from customers that are past their due date, as tracked in Xero, providing visibility into your current cash flow situation.
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.
The Quotes Declined metric measures the number or percentage of quotes that were rejected or turned down by potential customers.