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 Profit and Loss by Subtype metric in Xero allows users to view their company's income and expenses broken down by specific subcategories, providing a detailed analysis of the financial performance of each area of the business.
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.
The Budget Summary by Type metric provides a breakdown of budgeted amounts for income and expenses by category type.
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.
Current Assets by Asset is a financial metric that measures a company's short-term liquidity and cash flow by comparing its current assets to the total value of its assets. It helps assess the ability of a company to meet its short-term financial obligations.
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.
The Average Creditors Days metric is a measure of how long it takes a business to pay its suppliers. It is calculated by dividing accounts payables by the average daily cost of goods sold and is a key indicator of a company's cash flow management and supplier relationships.
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.