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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

Data refreshes

Refreshing data once the Power BI report has been published within the service is achieved within the service. If the data source is on-premises, a gateway will be required that allows the Power BI service to securely access data on-premises.

The gateway handles authentication, encrypts data during transfer, and can be configured to refresh datasets on a schedule, ensuring your Power BI reports always display current information while maintaining your organization's security requirements and keeping sensitive data within your premises.

The gateway is a software component installed on an on-premises server with access to the data required by the report. Typically, the gateway should be installed on a server that remains available 24/7. If installed on a normal desktop PC or laptop, the gateway would become inaccessible if the machine is turned off. For security reasons, the gateway only requires outbound communications. It "watches" for a signal...

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Financial Modeling and Reporting with Microsoft Power BI
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