Power BI for Finance

Build effective data models and reports in Power BI for financial planning, budgeting, and valuations with practical templates, logic, and step-by-step guidance.

Free with your book: DRM-free PDF version + access to Packt's next-gen Reader*

Key Features:

- Engineer optimal star schema data models for financial planning and analysis

- Implement common financial logic, calendars, and variance calculations

- Create dynamic, formatted reports for income statements, balance sheets, and cash flow

- Purchase of the print or Kindle book includes a free PDF eBook

Book Description:

Martin Kratky brings his global experience of over 20 years as co-founder of Managility and creator of Acterys to empower CFOs and accountants with Power BI for Finance through this hands-on guide to streamlining and enhancing financial processes.

Starting with the foundation of every effective BI solution, a well-designed data model, the book shows you how to structure star schemas and integrate common financial data sources like ERP and accounting systems. You'll then learn to implement key financial logic using DAX and M, covering calendars, KPIs, and variance calculations. The book offers practical advice on creating clear and compliant financial reports, such as income statements, balance sheets, and cash flows with visual design and formatting best practices.

With dedicated chapters on advanced workflows, you'll learn how to handle multi-currency setups, perform group consolidations, and implement planning models like rolling forecasts, annual budgets, and sales and operations planning (S&OP). As you advance, you'll gain insights from real-world case studies covering company valuations, Excel integration, and the use of write-back methods with Dynamics Business Performance Planning and Acterys. The concluding chapters highlight how AI and Copilot enhance financial analytics.

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What You Will Learn:

- Apply multi-currency handling and group consolidation techniques in Power BI

- Model discounted cash flow and company valuation scenarios

- Design and manage write-back workflows with Dynamics BPP and Acterys

- Integrate Excel and Power BI using live connections and cube formulas

- Utilize AI, Copilot, and LLMs to enhance automation and insight generation

- Create complete finance-focused dashboards for sales and operations planning

Who this book is for:

This book is for finance professionals including CFOs, FP&A managers, controllers, and certified accountants who want to enhance reporting, planning, and forecasting using Power BI. Basic familiarity with Power BI and financial concepts is recommended to get the most out of this hands-on guide.

Table of Contents

- Introducing Power BI for Finance

- Financial Logic with Power BI

- Business Information Design

- How to Realize Financial Reporting in Power BI

- Integrating Excel and Power BI for Financial Requirements

- Handling Multi-Currency Requirements in Power BI

- Management, Group, and Board Reporting

- Rolling Reporting Forecasts

- Discounted Cash Flow Public Company Valuation

- Price Volume Mix Analysis

- Write-Back Options in Power BI

- Case Study - Planning Model

- Advanced Analytics and Machine Learning

- Using LLMs and Copilot in Power BI to Improve Financial Analysis