The Balance metric refers to the difference between the total assets and total liabilities of a company at a given point in time. It indicates the financial position of the company and its ability to meet its financial obligations.
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 Balance (Accrual) using Databox, follow these steps:
In order for a Bank Account from Quickbooks to be visible in metrics in Databox, the Bank Account must be visible in the Balance Sheet report in Quickbooks under the Assets > Current Assets > Bank Accounts tree.
The Cost of Goods Sold (Accrual) by Category metric helps track the total cost of goods sold for each category, providing insights into the profitability of different product categories.
Other Expenses (Cash) represents any miscellaneous expenses that are not categorized under any specific category in the cash flow statement.
The Balance by Bank Accounts metric is a financial measure that displays the total amount of money available in each bank account in your QuickBooks software.
Balance by Credit Cards is a financial metric in QuickBooks that shows the total amount owed on credit cards as of a given date, including both current and past due balances.
Net Cash Increase is a financial metric that demonstrates the amount by which cash and cash equivalents have increased during a given period. It is calculated by subtracting the cash outflows from the cash inflows.
Gross Profit Growth (Accrual) measures the change in cash-based gross profit from one period to the next. It is found by subtracting the cost of goods sold (COGS) from total revenue and then comparing this figure between two periods.
The Amount by Product metric refers to the total amount of revenue generated by each product sold in your business. It helps you identify your best-performing products and make data-driven decisions to optimize your sales strategy.
This metric categorizes long-term debt recorded on an accrual basis—covering loans, mortgages, bonds, etc.—to provide a clear view of a business's incurred liabilities in QuickBooks.