How to use the KPI Scorecard in QuickBooks Online Advanced and Intuit Enterprise Suite

[0:01] Hi, this is Katheryn from the QuickBooks team. In this video, we'll walk through KPIs or key performance indicators. Powerful metrics that help you track your business performance at a glance on a scorecard, and how to read and customize them in QuickBooks.

[0:18] From your reports menu, select the KPI tab Above the KPI scorecard, you'll see filters that allow you to choose a reporting period, compare that period to another, and filter by category. QuickBooks Online Advanced users will see two categories: growth and profitability. Growth focuses on metrics like revenue, cost of goods sold, and expenses.

[0:45] Profitability highlights key ratios such as gross profit margin, net profit margin, and operating margin, along with other KPIs. If you're using Intuit Enterprise Suite, you will see more categories and have the option to add more KPIs to the scorecard by selecting add KPI from library. At the top of the scorecard.

[1:10] , you'll see columns showing the result for your selected period, the comparison period's results, and the variance between the two. To dive deeper into any number, just select few under the action column. This opens a detailed view where you'll see the definition of the KPI, the formula used to calculate it, and a graph that breaks down how that number changed during your selected time frame.

[1:36] You can also adjust the reporting period from this view. Under the actions column, select the drop down menu to remove that row from the scorecard. And that's it. Now you're ready to explore KPIs in QuickBooks and get a clear view of your business performance.