Free Xero Template for Your Live Finance Dashboard
Managing your business finances can be overwhelming without the right tools. Coefficient’s free Xero Finance Dashboard template gives you real-time insights into your financial health, all within Google Sheets.
What is a Xero Finance Dashboard Report?
A Xero finance dashboard report is a comprehensive visual representation of your business’s financial health, pulling real-time data directly from your Xero accounting software. This dynamic tool provides an at-a-glance overview of key financial metrics, allowing business owners, accountants, and financial managers to make informed decisions quickly.
The dashboard consolidates critical information such as income, expenses, cash flow, and profitability into easy-to-understand charts and graphs, enabling you to monitor your business performance efficiently.
Benefits of using Xero Finance Dashboard Template
- Real-time financial insights: Access up-to-date financial data directly from Xero, ensuring you always have the latest information at your fingertips.
- Improved decision-making: Visualize key performance indicators (KPIs) and trends, enabling faster and more informed business decisions.
- Time-saving automation: Eliminate manual data entry and report creation, freeing up valuable time for strategic tasks.
- Customizable views: Tailor the dashboard to focus on the metrics that matter most to your business, creating a personalized financial snapshot.
- Enhanced collaboration: Easily share financial insights with stakeholders, promoting transparency and alignment across your organization.
Metrics Tracked in the Report
Our Xero finance dashboard template tracks a comprehensive set of financial metrics, including:
Income Overview
- Total Income (with comparison to previous period)
- Income for the month to date (bar chart showing income by period)
Expense Overview
- Total Expenses (with comparison to previous period)
- Expenses for the month to date (bar chart showing expenses by period)
Bank Summary
- List of balances and received amounts for each account:
- Dimension
- Balance
- Received
Profitability
- Income
- Gross Profit
- Net Profit
- Other Income
- Profit (Loss)
Cash Summary
- Cash Received
- Cash Spent
- Cash Surplus (Deficit)
- Closing Bank Balance
Performance
- Gross Profit Margin
- Net Profit Margin
- Return on Investment (p.a.)
Balance Sheet
- Debtors
- Creditors
- Net Assets
More Metrics to Track and Analyze on Google Sheets
With Coefficient’s Xero integration, you can pull additional metrics into your Google Sheets for more comprehensive analysis:
- Invoices: Track outstanding invoices and payment trends to improve cash flow management.
- Contacts: Identify the most profitable customer segments and strategize targeted marketing.
- Quotes:
- Monitor conversion rates from quotes to sales to identify patterns or areas for improvement.
- Compare quotes to final sales prices, assessing pricing strategy effectiveness.
- Purchase Orders: Align purchase orders with inventory levels for efficient stock management.
- Payments: Monitor overdue payments and create follow-up schedules.
- Accounts: Break down revenue and expenses by account for detailed profitability insights.
Budgets: Compare actual performance against budgeted figures for better financial control
