Databox

Xero Net Profit (Budget)

The Net Profit (Budget) metric in Xero represents the expected profit after all expenses and taxes have been deducted from the projected revenue for a particular period.

With Databox you can track all your metrics from various data sources in one place.

Net Profit (Budget) 2.190,879 Start tracking this metric
  • About
  • Technical Details
What is "Net Profit (Budget)"?
The Net Profit (Budget) metric represents the projected income after all expenses and taxes have been paid within a specific period. It is calculated by deducting the total expenses from the projected revenue. This metric is essential in providing an estimate of a business's profitability in a given period. By comparing the actual net profit to the budgeted net profit, business owners can determine the effectiveness of their financial planning and identify areas where they need to make adjustments to improve profitability.
Example: A retail business owner wants to ensure that they are meeting their financial goals for the upcoming year, so they create a budget that includes expected expenses and revenue. They use the Net Profit (Budget) metric to track their progress against their projected net profit for the year.

Visualizations

  • Databox visualization

    Number

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

How to track Net Profit (Budget) 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 Net Profit (Budget) 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 Net Profit (Budget) on the Performance screen
  6. 6
    Get Net Profit (Budget) performance daily with Scorecards or as a weekly digest
  7. 7
    Set Goals to track and improve performance of Net Profit (Budget)
Goals

Set Goals to track and improve your performance
Scorecards

Get your daily progress every morning with Scorecards
Metric Digest

Receive detailed weekly performance updates
Metric Builder

Built your own custom metrics with Metric Builder
Data Calculations

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Performance Screen

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Xero integration with Databox Track Net Profit (Budget) from Xero in Databox GET STARTED

General

  • Description
    The Net Profit (Budget) metric in Xero represents the expected profit after all expenses and taxes have been deducted from the projected revenue for a particular period.
  • Category
    Accounting
  • Subcategory
    Profit
  • 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
    Newly synced data is merged with existing data, replacing values for matching periods.
  • 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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