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Xero Profit and Loss by Type

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.

Profit and Loss by Type 2.190,879 Start tracking this metric
  • About
  • Tech details
What is "Profit and Loss by Type"?
The Profit and Loss by Type metric in Xero shows the income and expenses for a selected period grouped by type or category. This enables business owners to easily track their profitability by seeing which types of income and expenses are contributing the most to their profits or losses. Users can drill down into specific categories for more detailed insights, making it a valuable tool for financial planning and strategizing.
Example: A restaurant owner can use Profit and Loss by Type to see how much revenue they generate from food versus alcohol sales.

Visualizations

  • Databox visualization

    Bar and Line Chart

    Used to show comparisons between values.

How to track Profit and Loss by Type in Databox?

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:

  1. 1
    Connect Xero that contains the metric you want to track
  2. 2
    Select the metric you want to track from the list of available metrics
  3. 3
    Drag and drop the selected metric onto your dashboard
  4. 4
    Watch your dashboard populate in seconds
  5. 5
    Put Profit and Loss by Type on the Performance screen
  6. 6
    Get Profit and Loss by Type performance daily with Scorecards or as a weekly digest
  7. 7
    Set Goals to track and improve performance of Profit and Loss by Type
Xero integration with Databox Track Profit and Loss by Type from Xero in Databox GET STARTED

Basics

  • Description
    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.
  • Category
    Accounting
  • Subcategory
    Income
  • Date Added
    2017-03-09
  • Default Format
    PrefixCurrency
  • Cumulative Support
    Yes
  • Units
    Yes
  • Granularities
    monthly, quarterly, yearly
  • Favorable Trend
    increasing
  • Historical Data
    Yes
  • Changing historical data
    Yes
  • Forecast Support
    Yes
  • Benchmark Support
    No
  • Media Support
    No
  • Dimension
    Yes
  • Metric Type
    general Learn more
  • API Endpoint
    https://api.xero.com/api.xro/2.0/reports/ProfitAndLoss

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