The Opening Cash Balance metric is the amount of funds or value that a business has at the beginning of a financial period, which is carried over from the previous period or from the initial investment.
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 Opening Cash Balance using Databox, follow these steps:
Profit and Loss by Type shows the profitability of your business by categorizing income and expenses into specific types like sales, cost of goods sold, and operating expenses.
Operating Expenses metric in Xero represents the sum of all expenses incurred by a business during its normal operations, including salaries, rent, utilities, and other overhead costs.
Total Income (Budget) is a financial metric in Xero that represents the planned or expected amount of income that a business aims to earn within a specified period, based on its budget projections.
Assets represents the total value of an organization's resources, including cash, accounts receivable, inventory, property, and equipment.
The Non-current Liabilities by Liability metric is a ratio that compares a company's short-term assets that aren't liabilities to its short-term liabilities.
Overdue Payments Amount refers to the total outstanding payments owed to your business from customers that are past their due date, as tracked in Xero, providing visibility into your current cash flow situation.
Short-term cash forecast predicts a company's cash inflows and outflows over a short period, usually a month or a quarter, to ensure they have enough liquidity.
The Quotes Invoiced Value metric measures the total amount of invoiced revenue generated from quotes created in Xero.