Income Statement using Microsoft Power BI

Income Statement using Microsoft Power BI

(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