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Xero
Total Operating Expenses (Budget) by Type
This metric displays the planned/estimated total expenses for a specific period, sorted by type of expense such as salaries, utilities, marketing, etc. It helps businesses track and control their spending by comparing actual expenses with the budgeted ones.
With Databox you can track all your metrics from various data sources in one place.
- About
- Technical Details
What is "Total Operating Expenses (Budget) by Type"?
The Total Operating Expenses (Budget) by Type metric helps track and analyze the total expenses incurred by an organization during a specific period. This metric is typically broken down by type, such as salaries, rent, utilities, and supplies, to provide a more detailed view of where the money is being spent. It helps businesses to compare actual expenses to the budgeted amounts, identify areas where costs can be reduced and optimize their spending to achieve financial goals.
Example: A business owner can use the Total Operating Expenses (Budget) by Type metric to track their spending on various expenses such as rent, utilities, and office supplies, enabling them to make informed decisions about cost-cutting measures and budget allocation.
Visualizations
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Bar and Line Chart
Used to show comparisons between values.
How to track Total Operating Expenses (Budget) 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 Total Operating Expenses (Budget) by Type using Databox, follow these steps:
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1Connect Xero that contains the metric you want to track
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2Select the metric you want to track from the list of available metrics
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3Drag and drop the selected metric onto your dashboard
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4Watch your dashboard populate in seconds
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5Put Total Operating Expenses (Budget) by Type on the Performance screen
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6Get Total Operating Expenses (Budget) by Type performance daily with Scorecards or as a weekly digest
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7Set Goals to track and improve performance of Total Operating Expenses (Budget) by Type
GoalsSet Goals to track and improve your performance
ScorecardsGet your daily progress every morning with Scorecards
Metric DigestReceive detailed weekly performance updates
Metric BuilderBuilt your own custom metrics with Metric Builder
Data CalculationsSet Goals to track and improve your performance
Performance ScreenGet instant insights into your top-performing metrics
General
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DescriptionThis metric displays the planned/estimated total expenses for a specific period, sorted by type of expense such as salaries, utilities, marketing, etc. It helps businesses track and control their spending by comparing actual expenses with the budgeted ones.
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CategoryAccounting
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SubcategoryExpenses
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Date Added2017-03-09
Specification
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Metric Typegeneral
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DimensionalYes
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Decimal DigitsYes
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Currency UnitsYes
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GranularitiesMonthly, quarterly and yearly.
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Custom Relative PeriodsYes
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Data AvailabilityAt sync, it ranges from 3 years ago to now.
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Retroactive Data UpdatesNewly synced data is merged with existing data, replacing values for matching periods.
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Future Data AvailableNo
Visualization
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Default FormatPrefixCurrency
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Cumulative GraphYes
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Favorable Trendincreasing
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Media CreativesNo
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ForecastsYes
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BenchmarksNo
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