Share on facebook
Share on twitter
Share on linkedin

Financial Reporting in Power BI Simplified

Easiest Way of Realizing Financial Reports in Power BI

The default visuals in Power BI are not perfectly suited for financial reporting. There are ways to realize more advanced financial reporting requirements using DAX as Managility describes in Income Statement using DAX These, though typically require intermediate knowledge of DAX that many financial professional don’t necessarily have.

For an easier way to realize financial reports in Power BI, Acterys is adding a new visual to the existing 7 listed Power BI visuals on Appsource.  The new Acterys Reporting Power BI Visual includes:

    Add/Edit Report Calculations With Ease
  • Addition of custom rows and column calculations and subtotals exactly where needed e.g. income statement and balance sheet lines like Gross Margin, EBIT, Return on Equity etc.
  •  Financial reporting format options per row (under/over lines, (), %, scaling etc.) and column
  • Variance visualization according to IBCS principles with dynamic switching between relative and absolute display
  • Unparalleled write-back, planning and business modelling options with all components of the Acterys Suite 8 Power BI Custom Visual, Acterys Modeller, Excel Add-on)
Acterys Reporting Absolute Variance Power BI Desktop
Acterys Reporting Absolute Variance Power BI Desktop
Acterys Reporting Relative Variance

• Row based comments that are stored automatically in Acterys database and can be edited directly in Power BI with Acterys Comments visual

Download the free preview here: Acterys Reporting Preview & Sample File

Detailed documentation of all features is available in the Acterys Wiki

For any comments and feature requests please use the new Acterys Forum

Try Acterys Reporting Preview

Using Acterys for Financial Reports in Power BI

The Acterys Connector is built on Managility’s more than ten years of expertise building financial-focused enterprise business intelligence solutions. It only takes one click to get started with cloud-based accounting systems and construct a performance management and planning solution. Dynamics, Xero, QuickBooks, and Saasu are currently supported, with more on the way.

Financial Data Templates in Power BI Tool

Using every attribute in the accounting system, Acterys data model provides in-depth insights in Power BI to precisely adapt dashboards, reports, and planning processes to your requirements. Users can merge as many organizations as they want into a “one version of the truth” data model, even if they use various accounting systems. This is then accessible from your preferred front end (Power BI, Excel, etc.) for unrivaled financial and sales analysis, and it can be integrated with any other data source supported by Power BI’s vast variety of connectors.

Try Acterys Reporting Preview

Recent Posts

Forward thinking organizations across the globe are now enabling their finance teams to link operations with strategies. Moving beyond their

Top 5 Tips & Tricks For Planning, Budgeting and Forecasting in Power BI & Excel In this blog I am

Planning and Analytics [Infographic]

It is not uncommon for companies to have separate planning and analytics processes or legacy solutions that result in more

Materialize and Synchronize Power BI with a Data Warehouse “Materialize” is a database concept that refers to storing the result

I can’t help smiling when I see legacy BI/Planning application vendors -that were not so long ago laughing away Power BI- coming out with their own “Power BI Integration” after Microsoft has turned around the industry. These are more often than not nothing but “a marketing spiel” to build on Power BI’s awareness and of very limited use in real life application scenarios.