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.
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Used to show a simple Metric or to draw attention to one key number.
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 Total Cost of Sales (Budget) using Databox, follow these steps:
Total Income (Budget) is a financial metric in Xero that represents the planned or expected amount of income that a business aims to earn within a specified period, based on its budget projections.
Closing 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.
The Current Liabilities by Liability metric measures the proportion of a company's short-term debts compared to their long-term debts, providing insight into the company's ability to meet its obligations in the near future.
The Draft Invoices metric in Xero refers to the number of invoices that have been created but not yet finalized. It measures the efficiency of the invoicing process and helps ensure that all invoices are accurately and promptly sent to clients for payment.
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.
Revenue by Code is a financial metric that analyzes a company's revenue streams by code (chart of accounts) to better understand which products or services generate the most revenue and enable informed decisions about pricing, marketing, and resource allocation.
Quotes Sent Value measures the total monetary amount of quotes sent to customers during a specific timeframe in Xero accounting software.
The Quotes Accepted Value metric measures the total value of quotes that have been accepted by customers, providing insight into the effectiveness of sales efforts.