Finance
The data model encompasses views detailing account transaction history, balance fluctuations by year, signed and posted transaction analysis, debit and credit trends over time, and account distribution by type. Measures include beginning and ending balances, credit, debit, total posted transactions, and signed values. Models incorporate a visual representation through radar and funnel charts for comprehensive financial data interpretation and analysis.
Benefits of This Data Model
- Enhanced Financial Analysis: The data model provides comprehensive insights into account transaction history, balance fluctuations by year, and analysis of signed and posted transactions, enabling more in-depth financial analysis.
- Improved Decision Making: With visual representations such as radar and funnel charts, users can make more informed decisions based on trends in debit and credit values over time and account distribution by type.
- Better Financial Performance Monitoring: By utilizing measures like beginning and ending balances, credit, debit, and total posted transactions, organizations can effectively monitor their financial performance and identify areas for improvement.
- Efficient Resource Allocation: The data model allows for better resource allocation by providing detailed information on account categories, groups, and types, assisting in optimizing financial resources.
- Streamlined Reporting: Users can leverage the data model to generate detailed reports on company finances, fiscal years, and periods, facilitating streamlined reporting processes and increasing operational efficiency.
Key Performance Indicators (KPIs)
- Begin Balance: Represents the initial balance at the beginning of a specific time period in a financial dataset.
- Credit: Indicates the amount of money received or added to an account within a given period.
- Debit: Represents the amount of money spent or subtracted from an account over a specified time frame.
- Posted: Denotes the total amount of transactions that have been processed or recorded within the dataset.
- Posted Signed: Reflects the signed value of the posted transactions in the financial data, considering both positive and negative amounts.
- Ending Balance: Signifies the final balance remaining in an account at the end of a particular period, calculated based on transactions and adjustments.
Available Visualizations
| View Name | Description |
|---|---|
| Account History | Insights into account transaction history over a specific period. |
| Balance Begin-End Spline By Year 100% | Visualization of balance changes for each year. |
| Posted Posted-Signed Spline Area 100% | Analysis of details related to signed and posted transactions. |
| Debit-Credit Radar By Year Period | Radar chart displaying debit and credit trends over time. |
| Account Type Category Funnel | Funnel chart depicting distribution of accounts by type. |