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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

Summary

This chapter has covered a lot of ground. We started by describing security and the admin portal, and the importance of restricting publishing to the web.

We then moved on to setting up workspaces, publishing reports, and methods of managing the development process with your workspaces. From there, we explained the importance of using Power BI apps as the main delivery mechanism of reports to your users.

We explained data refresh and the difference between on-premises gateways and cloud apps that may not require the gateway.

Along the way, we expanded on security by briefly explaining row-level security as a method to filter your dataset according to user needs and responsibilities.

We ended the chapter on the importance of longer-term maintenance and retirement of reports to ensure your reports are current and old reports are not lingering within your environment.

With this, we have reached the end of this book. By now, you should have a good appreciation...

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