Tag: Financial Reporting

How To Create Profit And Loss (P&L) Statements In Power BI

In this tutorial, I’ll be teaching the Profit and Loss, or P&L statement, in Power BI. I’ll show you how to create a table or matrix of financial information. This technique is perfect for financial reporting, especially for those who are in the finance field such as accountancy firms. I recommend doing this in Power

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Power BI Reporting Templates Expanded – Power BI Visualization Concepts

In this tutorial, I dive into how to customize Power BI reporting templates efficiently. When you create tables inside Power BI, you can’t format or design them exactly the way you want them to be. You can only use the default order or sequential order that Power BI generates within the table, which can be

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Budget vs Actual vs Last Year – Financial Reporting Tips

Here, I’m eager to demonstrate how you can dynamically represent financial information in a compelling manner using Power BI. Now, it’s very easy to study budget vs actual vs last year inside Power BI because of its immense improvement in terms of financial reporting. With this advancement, you can readily evaluate performance and forecast future

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How To Set Up Your Financial Data in Power BI

Financial reporting is a very essential tool to communicate past successes as well as future expectations in a company. When you need to complete a financial analysis, you need to set up your financial data in Power BI in a compelling way. It doesn’t matter if your data is from the revenue side, the expense

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How to Compare Current Sales to Previous Best Month in Power BI

In this tutorial, we’re going to learn more about the advanced time intelligence feature in Power BI to compare current sales to the previous best month. This is actually a unique question that was raised at the Enterprise DNA Support Forum. And as soon as I heard it, I thought wow! We can actually do

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