Financial Statements

The data model includes views such as Trial Balance, Income Statement, Balance Sheet, Cash Flow Statement, Financial Ratios, Budget vs. Actuals, Variance Analysis, and Trend Analysis. Measures like Beginning Balance, Ptd Debit, Ptd Credit, Ptd Turnover, Ptd Net Profit, Ytd Net Profit, Ending Balance, Income, Expenses, and Profit are utilized to track financial accounts, revenues, expenses, profitability, and cash flows over specific timeframes.

Benefits of This Data Model

• Enhanced Financial Analysis: The data model facilitates comprehensive financial analysis through views like Income Statement, Balance Sheet, and Financial Ratios, enabling deep insights into company performance.
• Improved Decision Making: By utilizing measures such as Profit, Expenses, and Income, stakeholders can make informed decisions based on accurate financial data available in the model.
• Streamlined Budget Monitoring: The Budget vs. Actuals view allows for an efficient comparison of planned figures with actual financial performance, aiding in monitoring and adjusting budgets effectively.
• Time-Sensitive Trend Identification: The Trend Analysis view helps in identifying and analyzing patterns and trends in financial data over specific timeframes, enabling timely adjustments and strategic planning.
• Holistic Variance Analysis: With the Variance Analysis view, stakeholders can conduct in-depth analyses of differences between budgeted and actual results, fostering better control and resource allocation.

Key Performance Indicators (KPIs)

• Beginning Balance: The starting balance of a financial account or period before any transactions or activities.
• Ptd Debit: Total debits recorded in the period-to-date (PTD) timeframe.
• Ptd Credit: Total credits recorded in the period-to-date (PTD) timeframe.
• Ptd Turnover: The total turnover (sum of debits and credits) recorded in the period-to-date (PTD) timeframe.
• Ptd Net Profit: Net profit calculated for the period-to-date (PTD) timeframe.
• Ytd Net Profit: Net profit calculated year-to-date (YTD).
• Ending Balance: The closing balance of a financial account or period after all transactions and activities.
• Income: Total income generated within a specific period or timeframe.
• Expenses: Total expenses incurred within a specific period or timeframe.
• Profit: The difference between total income and total expenses, indicating the overall profitability.

Available Visualizations

View Name	Description
Trial Balance	Provides a snapshot of all ledger account balances at a given date.
Income Statement	Displays revenues, expenses, and profit for a specific period.
Balance Sheet	Shows assets, liabilities, and equity at a point in time.
Cash Flow Statement	Summarizes cash inflows and outflows over a period.
Financial Ratios	Calculated metrics to assess liquidity, profitability, and solvency.
Budget vs. Actuals	Compares planned figures against actual financial performance.
Variance Analysis	Analyzes differences between budgeted and actual results.
Trend Analysis	Identifies patterns and trends in financial data over time.