Net Income (Accrual) measures the profitability of a business based on earned revenue and incurred expenses, regardless of when cash transactions occurred.
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 Net Income (Accrual) using Databox, follow these steps:
The Paid Invoices Amount by Customer metric shows the total amount paid by each customer for the selected time period in QuickBooks. It helps track customer payments, inform future invoicing, and enables business owners to judge customer value.
The Unpaid Expenses (Bills) Amount by Vendor metric displays the total amount of outstanding bills owed to specific vendors in QuickBooks.
The Cost of Goods Sold (Cash) by Subcategory metric measures the total amount of cash spent on producing goods categorized by subcategories, helping track expenses and determine profitability for specific product lines.
The Cost of Goods Sold (Accrual) metric represents the direct costs incurred in producing goods or services sold during a specific period.
Other Expenses (Cash) represents any miscellaneous expenses that are not categorized under any specific category in the cash flow statement.
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.
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.
The Quantity by Product metric indicates how much of a particular item has been sold over a given period of time and helps businesses make informed decisions regarding inventory management and purchasing.