Get in Touch

Course Outline

Introduction to Power BI for Finance

  • Exploring the Power BI ecosystem
  • Key features and data types essential for financial analysis
  • Overview of reporting requirements for payroll and cash flow

Data Sources and Modeling

  • Importing payroll and cash flow data from Excel or CSV files
  • Constructing data models utilizing relationships and calculated columns
  • Applying time intelligence to manage payroll cycles and monthly trends

Cash Flow Dashboards

  • Visualizing cash position, inflows, and outflows over time
  • Conducting variance analysis and comparing forecasts
  • Designing KPI cards, line charts, and waterfall charts

Payroll Reporting in Power BI

  • Structuring payroll datasets to include earnings, benefits, and taxes
  • Creating reports segmented by department, location, or employee type
  • Identifying cost drivers, anomalies, and payroll trends

DAX for Financial Calculations

  • Utilizing basic DAX for cash flow computations (such as net cash and rolling balances)
  • Developing payroll-specific measures like total compensation and tax ratios
  • Employing DAX for cumulative and monthly breakdowns

Report Automation and Sharing

  • Publishing dashboards to the Power BI Service
  • Configuring data refresh schedules and report subscriptions
  • Securely sharing reports with finance and HR teams

Best Practices and Use Case Walkthroughs

  • Designing insightful and clear financial dashboards
  • Modeling cash flow scenarios using what-if parameters
  • Use case: Comprehensive payroll overview with drill-down capabilities to the employee level

Summary and Next Steps

Requirements

  • Fundamental understanding of financial and payroll concepts
  • Proficiency in Microsoft Excel

Audience

  • Finance professionals handling payroll and cash flow reporting
  • HR analysts and payroll managers
  • Business analysts and Power BI users within finance teams
 14 Hours

Testimonials (1)

Related Categories