Budget for Financial Cube

The data model includes views such as Budget Configuration for setup details, Actual vs Budget Analysis for performance comparison, Top Expenses by Category to show high spend categories, Revenue Forecast for future predictions, Budget vs Forecast Discrepancy to pinpoint differences, and Cost Allocation by Department for expense distribution across departments. Measures encompass Total Revenue, Total Expenses, Net Profit (revenue minus expenses), Profit Margin (net profit as a percentage of revenue), and Return on Investment (net profit to total investments ratio).

Benefits of This Data Model

• Improved financial planning: The Budget Configuration view provides detailed setup information, enabling better planning and budgeting processes.
• Enhanced performance comparison: Actual vs Budget Analysis view allows for effective comparison of financial performance against budgeted values, facilitating identification of variances.
• Data-driven decision-making: Cost Allocation by Department view helps in analyzing expenses across departments, supporting informed financial decisions.
• Future revenue prediction: Revenue Forecast view utilizes historical data and market trends for accurate forecasting, aiding in strategic planning for future revenue.
• Identifying budget and forecast discrepancies: Budget vs Forecast Discrepancy view pinpoint differences between budgeted and forecasted values, enabling proactive adjustments for better financial management.

Key Performance Indicators (KPIs)

• Total Revenue: Sum of all revenue generated within the specified time period.
• Total Expenses: Sum of all expenses incurred within the specified time period.
• Net Profit: Calculated as Total Revenue minus Total Expenses.
• Profit Margin: Percentage of Net Profit compared to Total Revenue.
• Return on Investment (ROI): Ratio of Net Profit to Total Investments.

Available Visualizations

View Name	Description
Budget Configuration	Provides details on budget setup and configurations for financial planning.
Actual vs Budget Analysis	Compares actual financial performance with budgeted values to identify variances.
Top Expenses by Category	Displays the highest expenses grouped by predefined financial categories.
Revenue Forecast	Predicts future revenue based on historical data and market trends.
Budget vs Forecast Discrepancy	Highlights differences between the budgeted values and forecasted figures.
Cost Allocation by Department	Allocates costs to different departments for financial analysis and decision-making.