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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.”
QuickBooks doesn’t calculate burn rate natively, and manual calculations become outdated as new expenses are recorded. Live burn rate dashboards provide current cash runway projections that update automatically with your financial data.
Here’s how to build automated burn rate calculations that stay current as your QuickBooks data changes.
Build live burn rate calculations using Coefficient
Coefficient provides the ideal solution for live burn rate tracking from QuickBooks data. Import P&L and cash flow information with automated refreshes, then build formulas that calculate burn rate metrics as your financial data updates.
How to make it work
Step 1. Import required QuickBooks financial data.
Use Coefficient to import Profit & Loss data with monthly breakdowns and Cash Flow Statement information. Set up automated daily refreshes to ensure current expense data flows into your burn rate calculations.
Step 2. Create burn rate calculation formulas.
Calculate gross burn rate using total monthly expenses from live P&L data. Build net burn rate by subtracting monthly revenue from expenses using imported data, and determine cash runway by dividing current cash position from Balance Sheet imports by monthly burn rate.
Step 3. Build advanced burn rate analytics.
Use Coefficient’s date filtering to calculate rolling 3-month or 6-month average burn rates for trend analysis. Import expense data by department or class for departmental burn analysis and create visualizations showing burn rate changes over time.
Step 4. Set up live dashboard integration.
Configure automatic calculations that update with each Coefficient data refresh and create visual indicators showing runway length and burn rate trends. Set up alerts when burn rate exceeds predetermined thresholds using conditional formatting.
Start tracking live burn rate metrics
Live burn rate calculations update automatically as new expenses and revenue are recorded in QuickBooks, providing executives with always-current cash runway projections. Your burn rate metrics stay accurate without manual updates. Get started with automated burn rate tracking.
