Total Expenses (Budget) is a financial metric that represents the total amount of money allocated for expenses during a specific period, as planned or forecasted in the budget. It helps to monitor the actual expenses and ensure that they align with the company's financial goals and objectives.
With Databox you can track all your metrics from various data sources in one place.
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 Expenses (Budget) using Databox, follow these steps:
The Budget Summary by Type metric provides a breakdown of budgeted amounts for income and expenses by category type.
The Cash Received by Bank Account metric tracks the total amount of cash received by a specific bank account over a given period of time. It includes all payments, deposits, and other sources of revenue that have been credited to the account.
The Payments by Contact metric in Xero tracks the total amount of payments made by each contact (customer or supplier), providing valuable insights into their spending or revenue patterns.
Total Liabilities is a financial metric that shows the total amount of obligations owed by a business to creditors and other parties, including loans, accounts payable, and accrued expenses.
Net Assets is the total value of an organization's assets minus its liabilities. It reflects the overall financial health of the business and is used to determine the company's ability to pay off long-term debt and generate future profits.
The Income metric reflects the total revenue generated by a business during a specific period, including sales, services, and other sources of income.
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.
The Debtors metric in Xero measures the total amount of money owed to a company by its customers, indicating the level of outstanding debts and the company's ability to collect payment.