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Financial Modeling and Reporting with Microsoft Power BI
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In the last chapter, we furthered our understanding of DAX by focusing on some applied areas in finance. In this chapter, we're going to be even more applied, by looking at manual journal entries and how to deal with them, the data we can derive from them, and how we can include them in our data model.
Although we use the term manual journals in this chapter, the principles apply to many manual adjustments you may need to apply to your financial reporting.
Manual journal entries are manually-entered transactions that don't fit neatly into the "normal" transactions generated by the finance system during the normal course of business. They can be adjustments, corrections, or special entries that are entered to provide a complete picture of financial and business operations. Businesses don't run perfectly, and manual journal entries allow you to deal with imperfections. Manual journal entries in an Enterprise Resource...