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Course Outline
Getting Started with Power BI in Finance
- Navigating the Power BI ecosystem and its components.
- Examining data types and core features essential for financial analysis.
- Reviewing the specific reporting requirements for payroll and cash flow.
Data Integration and Modeling
- Ingesting payroll and cash flow data from Excel or CSV formats.
- Constructing robust data models utilizing relationships and calculated columns.
- Implementing time intelligence to track payroll cycles and monthly performance.
Building Cash Flow Dashboards
- Visualizing cash position, inflows, and outflows over extended periods.
- Conducting variance analysis and comparing forecasts against actuals.
- Implementing KPI cards, line charts, and waterfall charts for clarity.
Advanced Payroll Reporting in Power BI
- Organizing payroll datasets to cover earnings, benefits, and tax deductions.
- Generating segmented reports by department, location, or employee classification.
- Detecting payroll trends, irregularities, and primary cost drivers.
Applying DAX for Financial Metrics
- Using fundamental DAX formulas for cash flow metrics such as net cash and rolling balances.
- Creating payroll-specific measures for total compensation and tax ratios.
- Leveraging DAX to generate cumulative and monthly financial breakdowns.
Automating and Distributing Reports
- Publishing dashboards to the Power BI Service for accessibility.
- Configuring automated data refreshes and setting up report subscriptions.
- Securing and sharing reports with finance and HR stakeholders.
Best Practices and Practical Scenarios
- Designing dashboards that provide clear, high-value financial insights.
- Modeling cash flow scenarios utilizing what-if parameters.
- Case study: Creating a comprehensive payroll overview with drill-down capability to the employee level.
Conclusion and Recommended Next Steps
Requirements
- Fundamental knowledge of payroll structures and financial concepts.
- Proficiency in using Microsoft Excel.
Target Audience
- Finance experts responsible for payroll and cash flow reporting.
- HR analysts and payroll managers seeking advanced analytical tools.
- Business analysts and Power BI practitioners within finance departments.
14 Hours
Testimonials (2)
How to use relationships in Power BIand the differences between columns and measurements
LEUNG Chun Hei - HAESL
Course - Advanced Power BI: Data Modeling, DAX, and Enhanced Analytics
Method of training.
