Xero Profit (Loss)

Profit (Loss) measures the financial success or failure of a business by calculating the difference between revenue and expenses. It shows the amount of money a business has earned or lost during a specific period, usually a year.

With Databox you can track all your metrics from various data sources in one place.

Profit (Loss) 2.190,879 Start tracking this metric
  • About
  • Tech details
What is "Profit (Loss)"?
The Profit (Loss) metric in Xero is a financial measurement that indicates the difference between revenue earned and expenses incurred over a specified period of time. This metric shows the profitability of a business and helps in making informed decisions about future operations. A positive profit indicates that revenue exceeds expenses, while a negative profit means that expenses exceed revenue. This information is crucial in determining the financial health and viability of a business.
Example: A business owner can use the Profit (Loss) metric to determine whether their business is making or losing money in a given time period, which helps them make informed decisions regarding their business operations.

Visualizations

  • Databox visualization

    Number

    Used to show a simple Metric or to draw attention to one key number.

How to track Profit (Loss) 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 (Loss) 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 (Loss) on the Performance screen
  6. 6
    Get Profit (Loss) performance daily with Scorecards or as a weekly digest
  7. 7
    Set Goals to track and improve performance of Profit (Loss)
Xero integration with Databox Track Profit (Loss) from Xero in Databox GET STARTED

Xero Profit (Loss) included in Dashboard Templates 1

  • Live view

    Xero Account Balance Overview

    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.

    Xero

Basics

  • Description
    Profit (Loss) measures the financial success or failure of a business by calculating the difference between revenue and expenses. It shows the amount of money a business has earned or lost during a specific period, usually a year.
  • Category
    Accounting
  • Subcategory
    Profit
  • Date Added
    2017-03-09
  • Default Format
    PrefixCurrency
  • Cumulative Support
    Yes
  • Units
    Yes
  • Granularities
    monthly, quarterly, yearly
  • Favorable Trend
    increasing
  • Changing historical data
    Yes
  • Forecast Support
    Yes
  • Benchmark Support
    Yes
  • Media Support
    No
  • Dimension
    N/A
  • Metric Type
    general Learn more
  • API Endpoint
    https://api.xero.com/api.xro/2.0/reports/ExecutiveSummary

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