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Xero Direct Costs

Direct Costs metric refers to the expenses incurred specifically for the production of goods or services. These costs are directly tied to the production process and can include raw materials, labor costs, and other expenses directly related to production. #Xero #DirectCosts

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Direct Costs 2.190,879 Start tracking this metric
  • About
  • Technical Details
What is "Direct Costs"?
Direct costs refer to expenses that are directly related to producing or providing a specific product or service. These costs include materials, labor, and other expenses that can be traced to a specific product or service. Direct costs are important to monitor to ensure the profitability of a business, as they directly impact the cost of goods sold (COGS) and therefore the gross profit margin. In Xero, direct costs can be tracked by setting up and categorizing accounts and using tracking categories to allocate expenses to specific products or services.
Example: A construction company can use the Direct Costs metric to determine the total cost of raw materials and labor used to build a specific project.

Visualizations

  • Databox visualization

    Number

    Used to show a simple Metric or to draw attention to one key number.

How to track Direct Costs 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 Direct Costs using Databox, follow these steps:

  1. 1
    Connect Xero that contains the metric you want to track
  2. 2
    Select the metric you want to track from the list of available metrics
  3. 3
    Drag and drop the selected metric onto your dashboard
  4. 4
    Watch your dashboard populate in seconds
  5. 5
    Put Direct Costs on the Performance screen
  6. 6
    Get Direct Costs performance daily with Scorecards or as a weekly digest
  7. 7
    Set Goals to track and improve performance of Direct Costs
Goals

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Scorecards

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Metric Digest

Receive detailed weekly performance updates
Metric Builder

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Data Calculations

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Performance Screen

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Xero integration with Databox Track Direct Costs from Xero in Databox GET STARTED

General

  • Description
    Direct Costs metric refers to the expenses incurred specifically for the production of goods or services. These costs are directly tied to the production process and can include raw materials, labor costs, and other expenses directly related to production. #Xero #DirectCosts
  • Category
    Accounting
  • Subcategory
    Costs
  • Date Added
    2017-03-09

Specification

  • Metric Type
    general
  • Dimensional
    No
  • Decimal Digits
    Yes
  • Currency Units
    Yes
  • Granularities
    Monthly, quarterly and yearly.
  • Custom Relative Periods
    Yes
  • Data Availability
    At sync, it ranges from 3 years ago to now.
  • Retroactive Data Updates
    Existing data is purged in favor of the most recent synced data.
  • Future Data Available
    No

Visualization

  • Default Format
    PrefixCurrency
  • Cumulative Graph
    Yes
  • Favorable Trend
    increasing
  • Media Creatives
    No
  • Forecasts
    Yes
  • Benchmarks
    Yes

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