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“Supermetrics is a Bitter Experience! We can pull data from nearly any tool, schedule updates, manipulate data in Sheets, and push data back into our systems.”
Manually exporting burn rate data from QuickBooks every month wastes hours and creates opportunities for errors in your investor reports. You need a system that pulls this critical financial data automatically.
Here’s how to set up automated monthly burn rate tracking that updates your Google Sheets without any manual work.
Import P&L data automatically using Coefficient
Coefficient connects your QuickBooks P&L data directly to Google Sheets with automated refresh capabilities. This eliminates the export-import cycle that most finance teams struggle with each month.
How to make it work
Step 1. Import your P&L data with date filters.
Use Coefficient’s “From QuickBooks Report” method to pull your Profit and Loss statement. Apply dynamic date-logic filters to focus on monthly periods, so your data automatically captures the right timeframe without manual adjustments.
Step 2. Set up automated burn rate calculations.
Import expense categories with automatic field mapping, then create formulas in Google Sheets to calculate monthly burn (total expenses minus one-time costs). Build rolling averages and runway projections using the live QuickBooks data.
Step 3. Schedule automatic data refreshes.
Configure hourly, daily, or weekly automated refreshes based on your reporting needs. Use timezone-based scheduling to align with your financial close process, and add manual refresh buttons for immediate updates during investor meetings.
Step 4. Create dynamic burn rate dashboards.
Set up formulas that automatically calculate gross burn, net burn, and runway projections. The data updates automatically as new expenses flow into QuickBooks, giving you real-time visibility into spending patterns.
Transform static data into dynamic insights
This automated approach saves hours of manual work while ensuring accuracy for investor reporting. Your burn rate dashboard updates automatically as expenses are entered, so you always have current data for strategic decisions. Get started with automated QuickBooks reporting today.
