(Visualization, Planning, Forecasting & Budgeting) With ValQ, you can intuitively visualize financial statements in Microsoft Power BI. With respect to the P&L/Income statement, you can perform the following:
- Simulate changes to multiple GL accounts and instantaneously visualize impact to bottomline
- Analyze how your simulations fare with respect to the budget & original forecasts at any GL account hierarchy level
- Analyze variances for current month and full year for each GL account
- Create multiple scenarios & compare scenarios
- Create a baseline budget for the next year in the ‘Plan’ tab based on the most recent forecasts or a blank template (zero based budgeting)
- Perform advanced variance analysis using the ‘Analysis’ tab
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