Book Image

Managing Data Integrity for Finance

By : Jane Sarah Lat
Book Image

Managing Data Integrity for Finance

By: Jane Sarah Lat

Overview of this book

Data integrity management plays a critical role in the success and effectiveness of organizations trying to use financial and operational data to make business decisions. Unfortunately, there is a big gap between the analysis and management of finance data along with the proper implementation of complex data systems across various organizations. The first part of this book covers the important concepts for data quality and data integrity relevant to finance, data, and tech professionals. The second part then focuses on having you use several data tools and platforms to manage and resolve data integrity issues on financial data. The last part of this the book covers intermediate and advanced solutions, including managed cloud-based ledger databases, database locks, and artificial intelligence, to manage the integrity of financial data in systems and databases. After finishing this hands-on book, you will be able to solve various data integrity issues experienced by organizations globally.
Table of Contents (16 chapters)
1
Part 1: Foundational Concepts for Data Quality and Data Integrity for Finance
5
Part 2: Pragmatic Solutions to Manage Financial Data Quality and Data Integrity
10
Part 3: Modern Strategies to Manage the Data Integrity of Finance Systems

Managing relationships in data models

Ensuring that the relationships in our data models and tables are well defined enhances the reliability and accuracy of the reports we generate. When data is loaded in Power BI Desktop, it tries to automatically identify the relationships in the table similar to detecting the data types when loading data to Power Query. We can manage the relationships by going to Model view, as we will discuss in this section.

Continuing with our hands-on example, let’s close the Power Query Editor by selecting Close & Apply. This will lead us to the report canvas. Next, click on the Model view icon, as seen on the left-side panel in Figure 5.50, to show the data model:

Figure 5.50 – Model view to view and edit the relationships

Figure 5.50 – Model view to view and edit the relationships

When we do this, we see the relationships that Power BI has automatically created. If we click on the relationship lines, as shown in Figure 5.51, we can see that Product_ID under 2020...