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Financial Modeling and Reporting with Microsoft Power BI

Financial Modeling and Reporting with Microsoft Power BI

By : Andy Clark, Tom Gough, Shailan Chudasama
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Financial Modeling and Reporting with Microsoft Power BI

Financial Modeling and Reporting with Microsoft Power BI

By: Andy Clark, Tom Gough, Shailan Chudasama

Overview of this book

Financial Modeling and Reporting with Microsoft Power BI is the definitive guide to designing high-performance, flexible, and insightful financial reports using Power BI. This Power BI book empowers finance and BI professionals to create everything from trial balances to enterprise-wide performance dashboards with ease and precision. The book starts by helping you define your reporting goals and data sources, mapping these needs to Power BI’s capabilities. You’ll then build a core financial data model—covering ledger transactions, charts of accounts, and multi-company support. As you proceed, you’ll integrate complex DAX measures, handle foreign exchange and journal entries, and extend your model with budgeting and inventory data. Each chapter builds toward a comprehensive suite of reports, complete with visual best practices and tested metrics. You’ll learn to streamline datasets using Power Query, test for data integrity, and generate printable reports via Power BI Paginated. The final chapters dive into using AI, predictive analytics, and Microsoft Fabric to future-proof your reporting. Whether you're consolidating data across systems or evolving your reports for changing business needs, this hands-on guide ensures you’re prepared to meet the demands of modern finance.
Table of Contents (16 chapters)
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15
Index

13

Evolving and Maintaining Your Reports

Having built our reports, we will now turn our attention to sharing reports with our users and managing those reports over the long term.

Throughout this book, we've worked in Power BI Desktop, which is the developer environment for Power BI. As this is a file-based application, it's not ideal for sharing reports with users. Emailing PBIX files to users will result in version issues and duplication. We've all been there with Excel and other files that have been distributed via email, where everyone is confused about which version is the latest.

So, it's important to have robust practices to secure and share your reports, ensuring the right users have the right reports in a secure manner. This chapter will cover that.

Beyond that, we need to consider how to keep the data current. If the data becomes old, the report will have limited use. This should be automatic, to minimize the manual handling of data and...

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